Pababa ng Pababa na Meralco Rates and a couple of tips for lower electric bills

Have you noticed something a little odd about your electric bills lately? Aside from the fact that we don't use Christmas lights anymore, our electric bills are a little lower than usual. I know ours is.
meralco bill cover
We've got a big household with around 15 people in it, along with all our gadgets and usual appliances. Our bills usually amount to 10,000 pesos if it is not Christmas. But our bill for the past couple of months is at 9,000 to 8,500 pesos. That's at least 1000 or more in savings! And I think this news from Meralco is why:

Cause for the second month in a row, the Manila Electric Company (Meralco) announced a decrease in power rates for February.

Power PH Infographics1
And to all us budgetarian moms, this is a big WIN! Especially since summer is fast approaching, I really am excited to see that we can use the Air conditioning later on without the stress of "baka sobrang taas naman ng itaas ng bills ko."

The overall rate for a typical household consuming 200kWh decreased by P0.59 to P8.86 per kilowatt hour (kWh), its lowest level in two years, from last month’s P9.45 per kWh. Such a household will see a decrease of around P118 for their total electricity bill this month. The reduction is due to a lower generation charge after the implementation of new Power Supply Agreements (PSAs) starting last December 26.
Power PH Infographics2
The back-to-back rate decreases to start the year total to P1.00 per kWh and goes against the usual trend of February rates increasing, as seen in the previous five years.

February 2020's generation charge decreased to P4.51 per kWh thanks to Meralco’s prudent and strategic partnerships with power suppliers and the resulting new PSAs, such as San Miguel Energy Corporation, South Premiere Power Corporation, and AC Energy, who charge a lower generation cost. Charges from the Wholesale Electricity Spot Market (WESM) were also lower this month.
Power PH Infographics3
These lower prices from the new PSAs and the WESM—which accounted for 44% of the total supply—offset the cost of power from Meralco’s Independent Power Producers and old PSAs, which increased to P5.29 per kWh.

With these new PSAs providing lower generation costs, the public can expect consistently low power bills with energy-efficient use of appliances and devices at home, allowing for a bigger budget for other household and family needs.

More energy saving tips and tricks:

Of course, we should still be prudent in conserving energy. There are a lot of energy efficient appliances out there, but sometimes using these is not enough- you have to use them properly. here are a couple more things to remember to help manage your electricity consumption:

  • ALWAYS unplugging appliances when not in use to avoid “phantom load” 
  • When using the aircon , start it out slow and don't slam the thermostat to high asap. Make sure you are at a mid-setting or at 25 degrees Celsius so that there is no "surge" in initial power consumption of your AC. Even if you have an inverter, if you start it out at the coolest temp, I'm sure all the efforts of the inverter will definitely be moot.
  • Use of a power board or strip which can supply power to several appliances at once
  • Maximize natural light during daytime 
  • Keeping appliances well-maintained to ensure optimal performance. And DON'T open the ref unnecessarily. :D
Hope we still get this awesome trend of decreased power charges more later in the year. But you can always aim for this by continuing to do your best in conserving energy. Even if it is a little thing like unplugging whenever you go out for work. :) Or not charging your phone too much at night.

1 comment:

  1. Something unusual and im used to it naaa hahaha sana tuloy tuloy ang baba pls! Aside sa Im aware na bawasan din nag consumption to save electricity, ang pagbaba ng rates eh malaking impact n sa household, ung extra eh pwde maging savings or dagdag sa food allowance. Thank you din sa mga tips,my bad minsan pa nmn todo ako agad sa thermostat ng AC huhu thanks nabasa ko eto.