Rates
Manila Electric Co. increased its overall residential electricity rate for July, mainly due to higher generation costs. The adjustment adds P69 to the monthly bill of a typical 200 kWh household. Senators called for measures to protect consumers amid billing disputes.
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Tokyo Electric Power Company Holdings plans to increase electricity rates for corporations starting April usage, due to soaring crude oil prices. The company will revise its calculation method to reflect the previous month's fuel prices. Household rates will not see the impact until June at the earliest.