Meralco Advisory at Pandesal Forum : Consumers Enjoy Lower Power Rates in May

Kamuning Bakery , Quezon City -Philippines

Meralco announced earlier this month that the rate for its residential customers in May would go down by 41 -centavos per kWk, thereby bringing it down to Php 8.44 per kWh.  There was a press conference earlier today held at the iconic Kamuning Bakery in Quezon City .

For a typical household consuming 200kWh , this translate to a reduction of around Php 82.00 in their electricity bill.

L-R    Mr. Wilson Lee -Flores ,Mr. Joe Zaldarriaga ( Meralco spokesperson)  ,  Mr. Jose Antonio -Valdez ( Vice President and Head -Marketing Consumer Solutions and Product Development ) MERALCO, Little Joe and Little Miss Maita

monthly changes in April and May

This month ‘s overall rate is lower by Php 1.54 per kWh compared to May 2015’s Php 9.98 per kWh. It is also the lowest since January 2010, or over a period of six years.

The decrease in the overall rates was primarily due to the generation charge , which decreased by Php 0.21 per kWh from last month . May’s generation charge is the lowest since October 2004.

The current repricing covers months when crude oil spot prices in the world market fell to as low as US$31 per barrel.  The three natural gas plants supplied more than half, or 54%, of Meralco’s requirements.

egg pie  chart – based on 2015 overall average cost of power

We were grouped into 5 members per team ( 3 teams ) . The one who finish the first with correct answers wins.

54% goes to generation companies , 18% Meralco , 11% transmission , 12%taxes aand 5% others.

Based on 2015 overall average rates – taxes=value added tax +universal charg +local franchise tax

others=system loss charge +subsidies +feed-in Tariff Allowance ( FiT-All)

winning team

Transmission charge likewise registered a decrease of PhP0.10 per kWh due to the reduction in NGCP’s ancillary charges and slight decrease in Power Delivery Service (PDS) charge.

Taxes and Other Charges also decreased by PhP0.10 per kWh following the reduction in generation and transmission charges.
Meralco’s distribution, supply, and metering charges, meanwhile, have remained unchanged for 10 months, after they registered a reduction in July 2015.

customer engagement 

The company is expanding the coverage areas for pre-paid electricity system to about 140,000 homes across different areas of Metro Manila and nearby municipalities like Cainta, Angono , Taytay and Rizal.

Mr. Jose Antonio T. Valdez -head Marketing , Customer Solutions and Product Development ( Meralco)

The Meralco Orange Tags are easy-to-understand labels that indicate estimated energy consumption in kilowatt hours (kWh) and estimated cost per hour to inform consumers on how much electricity a household product consumes.

Meralco has started putting Orange Tags on different models of refrigerators, air-conditioning units and washing machines found in leading appliance stores in Metro Manila. The appliance units have undergone testing at the Meralco Power Lab to determine their electric consumption and equivalent power cost.

Orange Tags also indicate the appliances’ brand, type, model, power rating, Meralco average rate used and testing date. Information found in the Meralco Orange Tags and other Power Lab test results can also be viewed at the Meralco Power Lab website at http://www.meralco.com.ph/powerlab.

 

bloggers and media enjoyed the hearty lunch

 The bloggers had a great time at the Pandesal Forum and we learned a lot about energy saving tips, the advocacies and project of MERALCO .

Website: http://www.meralco.com.ph/

Note: The group won Philip’s -induction cooker as winners of the game ( group 1) 

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