In their resolution, the solons noted that Meralco’s generation charge went down from P4.9039 per kilowatt hour in January 2020 to P4.1241 in August 2020.
The measure cited analysis from Bayan Muna and Matuwid na Singil sa Kuryente Consumers Alliance that the price of coal used by coal-fired plants went down by 28 percent from $69.66 in January to $50.34 in August, and that the Wholesale Electricity Spot Market price fell by 193 percent from P8.49 per kWh in January to only P2.421 per kWh in August.
JMAurelioINQ Of course Meralco needs to pay DOE penalty,tv advertisement, high paying artist & players, broadband investment, and 1st world salary grade of employees.. a blind eye for congress & DOE
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