Meralco Rate per kWh This Month
September 2026 billing month · All-in residential rate: ₱14.7424/kWh for the typical 200-kWh household — about ₱8 cheaper than August.
Standards: Figures come from Meralco's September 2026 press release, Schedule of Rates, and Residential Bills-at-Typical-Consumption PDFs — our estimator reproduces their published sample bills to the centavo. General information only; your actual bill varies with location-specific taxes and metering period. Covers Meralco franchise-area residential customers only. Last updated: .
What a typical bill looks like this month
| Consumption | Total bill (₱) | All-in rate (₱/kWh) |
|---|---|---|
| 100 kWh | 1,486.29 | 14.8629 |
| 200 kWh (typical) | 2,948.48 | 14.7424 |
| 300 kWh | 4,515.51 | 15.0517 |
| 500 kWh | 7,961.65 | 15.9233 |
These are Meralco's own published sample-bill totals — the same numbers our Meralco bill estimator reproduces for any consumption level.
What moved in September
- Ancillary charges fell by ₱0.3344/kWh — lower Reserve Market charges drove this decrease.
- Taxes and other charges decreased by ₱0.1657/kWh (VAT-exempt Malampaya gas, partly offset by other adjustments).
- Generation charge rose by ₱0.4232/kWh due to weaker peso, higher fuel costs, and WESM prices.
- Transmission charge increased slightly by ₱0.0360/kWh.
- Both AWAT refunds continue — Refund/Collect 1 (₱0.4278/kWh) ongoing; Refund/Collect 2 (₱0.5861/kWh) since August 2026.
- Distribution charge remains frozen — unchanged for residential customers since August 2022.
Net effect: the typical 200-kWh total fell from ₱2,956.65 to ₱2948.48.
Why rates differ per household
The headline is an average. Your bill differs because fixed customer charges (supply ₱16.38 + metering ₱5.00) amortize differently across your actual kWh, local franchise tax varies by city, senior citizens get a 5% discount on the first 100 kWh, and lifeline households receive subsidies we don't model. Generation pass-through can also move mid-month if ERC approvals land between billing cycles.
Reading the two refunds on your bill
"AWAT Refund/(Collect)" lines trace to Meralco over-recoveries versus its approved tariff. Refund/Collect 1 (₱0.4278/kWh) runs until ERC declares recovery complete. Refund/Collect 2 (₱0.5861/kWh) ends around early 2027 once the ₱9.5B is exhausted — expect roughly a peso-per-kWh step up when both close out.
Update log
2026-10-05 — Updated for the September 2026 billing month.
Next update: October 2026 rates, when Meralco publishes its new schedule (~first week of October).