MANILA Electric Co. (Meralco) expects a reduction in the cost of power procured from suppliers for the October billing cycle, attributed to lower electricity prices in the Wholesale Electricity Spot Market (WESM), a company official said. “Initial indication shows a possible decrease in the generation charge in the October billing,” Meralco Vice-President and Head of […]
MANILA Electric Co. (Meralco) expects a reduction in the cost of power procured from suppliers for the October billing cycle, attributed to lower electricity prices in the Wholesale Electricity Spot Market (WESM), a company official said. “Initial indication shows a possible decrease in the generation charge in the October billing,” Meralco Vice-President and Head of […]