Ramon Royandoyan – Philstar.com October 10, 2022 | 12:49pm MANILA, Philippines — Consumers prepping for tighter budgets should expect some reductions in their power bills as Meralco announced a fresh round of rate cuts in October. The country’s largest power distributor announced on Monday that a residential consumer will see their monthly power bill decrease to P9.8628 per kiloWatt hour this month. This is equivalent to a P15 cut for a typical household that consumes 200 kWh. Meralco explained that the rate cut was due to a Energy Regulatory Commission-mandated reduction of P0.0619 per kWh in…