Meralco Rate per kWh (Updated Monthly): September 2026
Current rate: ₱14.7424 per kWh for a typical residential household, per Meralco’s September 2026 advisory. Down ₱0.0409 from August.
This page tracks the monthly advisory and gets updated when Meralco publishes — usually between the 11th and 13th. If you’re reading this mid-month and the date above looks stale, the new advisory probably just dropped; we’ll have it within days.
The recent trend
| Month | Overall rate (₱/kWh) | Change |
|---|---|---|
| September 2026 | 14.7424 | −0.0409 |
| August 2026 | 14.7833 | −0.0428 |
| July 2026 | 14.8261 | +0.3428 |
| June 2026 | 14.4833 | +0.1488 |
September’s small dip hides a rougher story underneath. The generation charge actually rose ₱0.4232/kWh — a weaker peso and higher fuel costs after renewed Middle East conflict — but cheaper ancillary services and lower taxes more than cancelled it out. Zoom out and rates are still up roughly 17% year-on-year, and July’s ₱14.8261 was the high-water mark so far. That one aircon habit costs a sixth more than it did last September, same weather, same unit.
What’s inside ₱14.74
Generation is the big slice (₱9.2504/kWh at the last published figure) — what Meralco pays power plants, passed through at cost. The rest is transmission, distribution, system loss, subsidies, and taxes, each explained line by line in how to read your Meralco bill. Solar households, note: only that generation slice becomes your net-metering export credit.
The rate, translated into bills
| Monthly usage | Bill at ₱14.7424 |
|---|---|
| 100 kWh — fans, lights, small ref | ₱1,474 |
| 200 kWh — Meralco’s “typical household” | ₱2,948 |
| 350 kWh — one aircon, nightly | ₱5,160 |
| 600 kWh — two aircons or WFH | ₱8,845 |
Want to know which of your appliances is doing the damage? Rebuild your bill piece by piece in the appliance electricity calculator — it already uses this month’s rate, and it’s usually two line items doing most of the hurting.
If the trend line above keeps pointing up (it has, for a year), the strongest countermove is making your own daytime power: what a system sized to your bill costs and how fast it pays back at exactly these rates.