Philippines' Meralco announces ₱0.5006/kWh increase for September, ending three-month rate decline streak

Typical household rates now ₱11.3997/kWh, up from ₱10.8891/kWh in August

Residential customers using 200 kWh face around ₱100 increase in their total bills

Generation charge for September rises by ₱0.4323/kWh, reaching ₱6.8252/kWh

Higher costs from Power Supply Agreements (PSAs) and Independent Power Producers (IPPs)

Fuel prices surge and peso depreciation contribute to the September electricity rate hike