Meralco announced that it will raise its transmission charges starting in 2025, impacting the electricity bills of millions of consumers.
The increase is attributed to higher fees from the National Grid Corporation of the Philippines (NGCP), which is responsible for transmitting power across the country.
The energy distributor emphasized that the hike is necessary to cover the rising cost of electricity transmission infrastructure.
Meralco assured customers that they would provide more detailed information on the adjustments in the coming months.
The rate increase is expected to be felt across residential, commercial, and industrial sectors, sparking concerns over its impact on households and businesses.
Source: PhilNews24 | December 7, 2024
