Meralco Rate for August 2026: What You Paid Per kWh
TL;DR
Meralco's all-in residential rate for August 2026 was ₱14.7833/kWh, down ₱0.0428 from July's ₱14.8261/kWh. The decrease came from a ₱9.5-billion AWAT refund worth ₱0.5861/kWh over six months, which outweighed increases in NGCP charges, taxes and other charges, and generation.
| All-in rate | ₱14.7833per kWh |
|---|---|
| Change from July 2026 | −₱0.0428lower |
| Generation charge | not separately verified |
| Source | Meralco advisoryconfidence: high |
| Last checked | 2026-08-29 |
A decrease on July, driven by a P9.5B AWAT refund worth P0.5861/kWh over six months, not by cheaper power. NGCP charges rose P0.3024 and taxes and other charges P0.2113 in the same month. Matches RETAIL_RATE in pricing.ts and the Meralco entry in utilities.ts.
| Monthly use | At ₱14.7833/kWh | At July 2026’s rate | Difference |
|---|---|---|---|
| 200 kWh | ₱2,957 | ₱2,965 | ₱8 |
| 300 kWh | ₱4,435 | ₱4,448 | ₱13 |
| 400 kWh | ₱5,913 | ₱5,930 | ₱17 |
| 500 kWh | ₱7,392 | ₱7,413 | ₱21 |
These are the published all-in rate multiplied by usage, rounded to the peso. They are not a quote for your bill: Meralco charges lifeline subsidies and some fixed items differently across consumption bands, so a real bill at the same usage will not match exactly. Use it to see the size of the month’s move, not to predict a statement.
The following month, September 2026, came in at ₱14.7424, a fall of ₱0.0409. See September 2026 or the full rate archive.
Meralco’s all-in residential rate for August 2026 was ₱14.7833/kWh, for a typical residential customer, a decrease from July driven by a refund rather than by cheaper power.
What Meralco charged
The all-in figure for August 2026 is ₱14.7833/kWh. Meralco’s advisory gives the change in the generation charge for August, up ₱0.0296/kWh, but not the absolute figure. We don’t add that delta to July’s ₱9.2504/kWh to back into an August number: our archive’s own editing rules treat that as an interpolation, not a verified figure, so we leave August’s generation charge unstated. Source: Meralco, lower rates August 2026.
What moved
Four things moved the bill this month, per Meralco’s advisory:
- A ₱9.5-billion AWAT refund, worth ₱0.5861/kWh spread over six months, is what pulled the all-in rate down.
- NGCP transmission charges rose ₱0.3024/kWh.
- Taxes and other charges rose ₱0.2113/kWh, which includes a ₱0.1348/kWh increase in the FIT-All (feed-in tariff allowance).
- Generation rose ₱0.0296/kWh (change only, not the absolute figure, as above).
The refund alone outweighed the other three increases combined, which is why the all-in rate fell even though generation, transmission, and taxes all rose.
Change from the previous month
The all-in rate fell ₱0.0428/kWh from July 2026’s ₱14.8261/kWh. See Meralco rate for July 2026 for that figure.
What this means for solar
At ₱14.7833/kWh, every kWh a rooftop system produces and you use immediately is still a kWh you avoid buying from Meralco at that price, refund or not. A one-off refund lowers this month’s bill; it doesn’t reverse the five-year climb in the underlying rate. That’s the mechanism behind solar savings here: self-consumption avoids the full retail rate, while net metering credits exported power only at the lower generation cost, so a system sized for daytime use pays back faster than one built to export. See how much solar can save on your electric bill to run your own numbers, and Meralco rate per kWh for what makes up the all-in figure.
More rate history
For the full month-by-month record with sources, see the Meralco electricity rate history. Previous month: July 2026.
Next month: Meralco rate for September 2026.
Frequently asked questions
What was the Meralco rate per kWh in August 2026?
₱14.7833/kWh, all-in, for a typical residential customer, down from July.
Why did the rate go down in August 2026 if generation went up?
Because a ₱9.5-billion AWAT refund, worth ₱0.5861/kWh spread over six months, outweighed the increases in NGCP transmission charges, taxes and other charges, and generation combined.
What was the generation charge in August 2026?
Meralco published only the change, up ₱0.0296/kWh, not the absolute figure for August. Adding July's ₱9.2504/kWh plus that delta would be an interpolation, which our archive's editing rules forbid, so we don't state an absolute August generation figure here.