Meralco rates 3rd highest in Asia

June 8, 2017

by IBON Media & Communications

16thYrEPIRARates

A 2016 survey conducted by the International Energy Consultants showed that the Manila Electric Company or MERALCO has the third highest electricity rates in Asia after Japan and Hong Kong. The same study reported that Meralco consumers spend 4.5% of their disposable income on electricity which is higher than the 3.9% global average.