MECO Electricity Rate: ₱15.98/kWh

Mactan Electric Company Inc. (MECO) charges residential customers ₱15.98 per kilowatt-hour as of September 2026. It serves Mactan Island, Cebu.

Rate as of September 2026

What that means on your bill

Approximate monthly bill at MECO's rate for common usage levels
Monthly usageApproximate bill
100 kWh₱1,598
200 kWh₱3,196
300 kWh₱4,794
500 kWh₱7,990

Usage × ₱15.98/kWh. Fixed monthly charges and any lifeline discount move the exact figure slightly. Your own bill shows your usage in kWh; for a breakdown by appliance, pick MECO in the appliance calculator.

That is up ₱3.61 from ₱12.37 the month before.

MECO's rate since 2023

MECO's residential rate each month from January 2023 to September 2026 ₱9 ₱12.5 ₱16 2023 2024 2025 2026

In 2023 MECO's rate averaged ₱10.45 a kWh. Over the twelve months to September 2026 it averaged ₱12.49, up ₱2.03 (19.4%). Single months can swing hard with refunds and one-off generation adjustments, so the averages are the fairer comparison.

MECO's average residential rate by year
YearAverage rateMonths with a figure
2023₱10.45/kWh12
2024₱10.88/kWh12
2025₱10.88/kWh12
2026₱12.75/kWh9

Monthly figures from the PRESYO-PH tracker (ICSC), which calculates every utility's rate the same way. Gaps are months with no published figure. How every utility's rate has moved since 2023.

How MECO compares

Nearby utilities

Distribution utilities nearest to MECO and their rates
UtilityProvinceRate
CELCO Cebu ₱12.94
VECO Cebu ₱14.89
BANELCO Cebu ₱12.23
CEBECO 1 Cebu ₱15.24
CEBECO 2 Cebu ₱15.91

Your address decides your utility; you can't switch to a cheaper one nearby. Why, and what you can do instead.

Solar in the MECO area

The area averages 5.19 peak sun hours a day, from 4.38 in Jan to 6.26 in Apr. At ₱15.98/kWh that makes rooftop panels pay back in about 2.2 years, the 9th fastest of 131 utilities. See the full payback ranking, or size a system with the solar panel calculator.

Assumes ₱45,000 per kWp installed, 70% of the power used at home and the rest exported at ₱7.07/kWh, and a 0.8 performance ratio. That export credit is MECO's own generation charge (June 2026), which is what net metering pays.

Frequently asked questions

What is MECO's electricity rate per kWh?

₱15.98 per kWh for residential customers as of September 2026, according to the PRESYO-PH tracker (ICSC). That is ₱3.12 above the national median of ₱12.86 across 131 utilities.

How much is a 200 kWh bill with MECO?

About ₱3,196 at ₱15.98/kWh. Fixed monthly charges and any lifeline discount shift the exact figure slightly, so treat it as an estimate.

Does rooftop solar pay back in the MECO area?

On our standard assumptions, in about 2.2 years, the 9th fastest of 131 utilities. The area averages 5.19 peak sun hours a day, from 4.38 in Jan to 6.26 in Apr.

Sources

All 131 utilities, compared