Average electricity rate per kilowatt-hour of Meralco 2019-2023

Published by
Christy Balita
,
Aug 21, 2024

In 2023, the Manila Electric Company or Meralco had an average retail electricity rate of 10.55 Philippine pesos per kilowatt-hour, reflecting an increase from the previous year. Meralco is an electric power distribution company in the Philippines that distributes power in Metro Manila, the whole National Capital Region, and Mega Manila.

Average retail rate of electricity per kilowatt-hour of Manila Electric Company (Meralco) from 2019 to 2023 (in Philippine pesos)

CharacteristicAverage electricity rate in Philippine pesos
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Showing entries 1 to 5 (5 entries in total)
Statistic: Average retail rate of electricity per kilowatt-hour of Manila Electric Company (Meralco) from 2019 to 2023 (in Philippine pesos)

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Release date

May 2024

Region

Philippines

Survey time period

2019 to 2023

Supplementary notes

One Philippines peso is equal to 0.017 U.S. dollars and 0.016 euros as of August 2024.

Figures have been rounded. 

Figures prior to 2023 came from earlier reporting.

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