$MER. Manila Electric Co. (Meralco) said it is reviewing its fuel mix, including LNG, coal, and diesel, as global fuel prices may rise due to the Middle East conflict, potentially affecting electricity costs. @UTradePH
Gas currently supplies about 60% of Meralco’s power, followed by coal (20–25%) and renewables (10%). Any impact on rates may appear as early as April, depending on how long tensions persist. @UTradePH
Meralco assured adequate power supply for the summer. Meanwhile, electricity rates rose PhP 0.2226/kWh to PhP 13.1734/kWh this month from PhP 12.9508/kWh in January. @UTradePH
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