MANILA, Philippines – The Manila Electric Company (Meralco) announced another round of rate reduction as it cut its August rates by P0.2087 per kilowatt hour (kWh), equivalent to a decrease of around P42 in the total bill of a residential customer consuming 200 kWh. Meralco Vice President and Head of Corporate Communications Joe R. Zaldarriaga said with this adjustment, Meralco’s rates now have a combined reduction of P0.9154 per kWh over the past two months and a net decrease of P0.2315 per kWh since the start of the year. For more information, customers may visit Meralco’s website at www.meralco.com.ph or follow its social media accounts on Facebook (www.facebook.com/meralco), and Twitter account @meralco.