Power rates are likely to go up this month due to higher generation charge, an official of the Manila Electric Company (Meralco) said Thursday.
POWER rates are likely to go up this month due to higher generation charge, an official of the Manila Electric Company said Thursday.
The utility firm will soon announce final rate adjustments as it has yet to receive final billings from its power suppliers. Adding pressure to the costs is the persisting Malampaya gas supply restriction that forced the gas plants to shift to more expensive liquid fuel.
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