00:00Be ready, Meralco consumers, as the power distributor is all set for a rate hike this month of August.
00:06According to Meralco, almost 63 centavos per kilowatt hour will be added to this month's billing.
00:12The power distributor explained this is due to the higher pass-through charges
00:15that cover payments to power providers and grid operator, plus taxes.
00:20Also, the total electricity rate per household will increase by over 13 pesos per kilowatt hour,
00:25while 125 pesos will be added to customers who consumed 200 kilowatt hours this August.