Meralco sets November household electricity rate at ₱15.5510 per kWh
The ₱0.4895-per-kWh increase means about ₱98 more for households consuming 200 kWh, despite a new refund that reduces residential charges.
Residential customers consuming 200 kilowatt hours (kWh) face an electricity bill increase of around ₱98 for November, Manila Electric Company (Meralco) announced on November 13. Its typical household rate rises by ₱0.4895 per kWh, reaching ₱15.5510 against October’s ₱15.0615.
Meralco said generation costs accounted for most of the increase, with that component rising by ₱0.4344 per kWh. It linked suppliers’ higher costs to a weaker peso and the continuing crisis in the Middle East.
First Gas/Prime CoreGen’s charges climbed by ₱2.9241 per kWh. Meralco attributed this to quarterly repricing of Malampaya natural gas and higher liquefied natural gas prices. Imported LNG represented 44% of the supplier’s gas use, compared with 24% previously, while around 86% of its costs were dollar-denominated.
Wholesale Electricity Spot Market charges rose by ₱4.3946 per kWh. The company said warmer temperatures in October 2026 lifted average Luzon demand by around 769 MW. By contrast, higher average dispatch under Power Supply Agreements brought those charges down by ₱0.2769 per kWh.
Taxes and other pass-through costs added a net ₱0.2165 per kWh. Meralco said the main reason was lower consumption of indigenous natural gas, which carries a value-added tax exemption.
An Energy Regulatory Commission-approved Actual Weighted Average Tariff refund starts in November, cutting residential charges by ₱0.1733 per kWh. It is scheduled for six months, or until fully repaid. Two earlier refunds remain in place, providing a combined residential reduction of ₱1.0139 per kWh.
The company also reminded customers that unpaid May–July 2026 bills are due by November 26, 2026. Outstanding bills covering August–October 2026 have a December 26, 2026 deadline.
