POWER RATES. The electric meters of individual households are mounted on a pole along Langit Road, Phase 2 Bagong Silang-Kanan, Caloocan City in this photo taken on Wednesday (March 10, 2021). The Manila Electric Co. (Meralco) earlier said it is likely to reduce rates for March due to lower generation costs and the refund order from the Energy Regulatory Commission. (By: Ben Briones)