Electricity rates surge as Meralco cites summer heat

THE Philippines’ largest electricity distributor jacked up its rates in its franchise, blaming the increase on rising temperatures that have driven up power consumption.

“There was marked increase in consumption during the peak hours of 9 a.m. to 9 p.m. in March as consumers coped with the summer heat through more intensive use of air-conditioning and other cooling appliances,” Joe Zaldarriaga, Manila Electric Co. (Meralco) external communications official, said.

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