Manila Electric Co. (Meralco) the largest electricity utility in the Philippines, has petitioned the Energy Regulatory Commission to be allowed to charge both residential and C&I customers for the meters that will be needed if they want to change to a time-of-use programme. The programme will allow consumers to pay less for electricity used outside peak hours, but new meters are required before the TOU pricing can be implemented. 

Meralco has almost 4 million residential customers, who will be asked to pay approximately US$142 (8,000 pesos) for a new meter, while C&I customers will pay US$357 (20,000 pesos) per meter. The company also points out that it will incur additional data processing and storage costs if the new pricing scheme is introduced. 

www.meralco.com.ph