MANILA, Philippines --- Electricity consumers can expect lower rates for the third month straight as the Solar Philippines Tarlac farm will start to dispatch to Meralco. With this, customers can expect to save P3.0187/kilowatt per hour (kWh), or P603.74 for those with a 200 kWh monthly consumption, Solar Philippines said in a statement released Saturday. READ: Top PH solar farm starts operations At P2.9999/kWh, with two percent annual escalation, this is the lowest-ever rate of any Power Supply Agreement in the Philippines. Solar Philippines added that the start of supply from the solar farm will save Meralco from Wholesale Electricity Spot Market (WES...
Keep on reading: Meralco cuts rates for 3rd month straight due to Tarlac solar farm
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