(UPDATE) HOUSEHOLDS in areas covered by the Manila Electric Company (Meralco) will heave a sigh of relief as the power service provider announced the lowering of electricity rates for February.

In a statement, Meralco announced a reduction of P0.0106 per kilowatt hour (kWh) in electricity rates, bringing the overall rate for a typical household down to P10.89 per kWh in February from the P10.90 per kWh in January.

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