00:00Meanwhile, it's not just good night and holiday shopping that should prepare the pocket this Christmas rush.
00:06Because the price of my Meralco is going to rise by almost 43 cents this November.
00:13And Dano Tingkungko got it right.
00:19Even though it's not yet reaching the peak of Christmas lights or Christmas break
00:24when there are more people at home and consuming electricity,
00:28Meralco customers need to prepare a more expensive budget for the electric bill.
00:33Because the price of electricity is going to rise by almost 43 cents this November.
00:40That's equivalent to 85 pesos added to the bill per 200 kWh consumption
00:45all the way up to 213 pesos added to the bill per 500 kWh consumption.
00:52It's heavy for Ms. Precy's family
00:54that the normal consumption of electricity is already exceeding 200 kWh before Christmas.
00:59That's even though she's very keen on using electricity.
01:03We don't have an air conditioner.
01:05It's not just that it's hot, we don't have a comforter.
01:07According to Meralco, aside from the rising demand,
01:10the peso has also been reduced due to the single power producers
01:14as well as the liquefied natural gas terminal fee and other bills.
01:18This is the fastest reduction of the peso in more than two years.
01:23Many of our cost of generators are dollar denominated.
01:27For someone like me who is a senior and has no job,
01:31it's really heavy for me.
01:36It's so heavy that our electricity bill is going to rise again.
01:43What to do?
01:46Meralco has yet to say how the price of electricity will move in December.
01:51Although there will be more lights and decorations, parties and reunions,
01:55the weather will be colder so the use of refrigerators may be reduced.
02:00We'd rather wait until the final bills from our suppliers come in.
02:08Although the weather is cooler,
02:12increased activity in terms of the usage of electricity may also come in.
02:20For GMA Integrated News, I'm Dan Atingcun.
02:22Coming to you in 24 hours.
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