00:00 The Manila Electric Company will raise power rates in October as higher generation charges push up costs.
00:06 Meralco will adjust rates upward by 42 centavos per kilowatt-hour in October, bringing the overall rate for a typical household to 11.82 pesos per kilowatt-hour from September's 11.39 pesos.
00:19 A typical household consuming 200 kilowatt-hours a month will see an increase of around 84 pesos in their total electricity bill.
00:26 Meralco says independent power producers and power supply agreements inched up in September due to higher costs of fuel.
00:33 Transmission charges for residential customers also increased due to higher ancillary service charges.
