Over 20 industry groups have expressed support for renewing Meralco’s franchise as the Senate deliberates on the proposed legislative measure. Senate Bill No. 2824 authored by Senator Joel Villanueva, seeks to grant Meralco a fresh 25-year authority to operate. In his sponsorship speech, the...
Consumers will have a slight reprieve on their electricity bills in the new year as the Manila Electric Company (Meralco) announced a rate decrease of P0.2189 per kilowatt-hour (kWh). This brings the overall rate for a typical household to P11.7428 per kWh, down from P11.9617 per kWh last month....
Manila Electric Company (Meralco) customers can breathe a sigh of relief as the power retailer forecasted lower electricity rates for January, citing improved supply conditions and lower generation costs. Joe Zaldarriaga, Meralco’s Vice President and Head of Corporate Communications, said on...
Manila Electric Company's (Meralco) subsidiary, MSpectrum, Inc., has switched on a new solar rooftop facility for General Trias Water Corp. (GTWC) that will power a water pump in Cavite. Valued at P2.5 million, MSpectrum said the 33 kilowatt-peak (kWp) solar facility is designed to generate 45,350...
The Energy Regulatory Commission (ERC) has outlined 11 regulatory priorities for the first semester of 2025, with a focus on issues related to the National Grid Corporation of the Philippines (NGCP) and Manila Electric Company (Meralco). In a briefing, ERC Chairperson Monalisa Dimalanta said the...
The Manila Electric Company (Meralco) has announced scheduled power maintenance in several cities, municipalities, and provinces across Luzon. Starting Wednesday, January 8, Balara, Quezon City, and Mendez-Nuñez, Indang, Cavite, will experience the first round of maintenance. This is due to pole...
The Energy Regulatory Commission (ERC) has adopted key amendments to its resolution governing the rate-setting process for privately-owned electricity distributors to ensure the timely reset of rates, beginning with Manila Electric Company (Meralco). In a statement, the ERC Chairperson and...
Manny V. Pangilinan-led Manila Electric Company (Meralco) has forecasted potential growth in its consolidated sales volume this year, citing expansion in the residential and commercial sectors. Ferdinand Geluz, Meralco senior vice president and chief revenue officer, said this year's increase in...
The key players in the country's gas-to-power industry are exploring interconnecting their pipeline facilities to share liquefied natural gas (LNG) imports, a lifeline designed to neutralize potential fuel supply disruptions and ensure steady electricity generation from gas-fed plants. In an...
A consumer rights advocate called on the Senate to amend key provisions in the proposed measure to renew the Manila Electric Co. (Meralco) franchise, aiming to protect consumers from further power rate hikes. In a letter addressed to Senate President Francis “Chiz” Escudero and other...
The Energy Regulatory Commission (ERC) has denied the request of Manila Electric Company (Meralco) and San Miguel-led Masinloc Power Co. Ltd. (MPCL) to begin their Power Supply Agreement (PSA) ahead of schedule. In a statement, the ERC determined that awarding provisional authority for their PSA is...
The Energy Regulatory Commission (ERC) has approved the 15-year Power Supply Agreement (PSA) between Manuel V. Pangilinan-led Manila Electric Company (Meralco) and Excellent Energy Resources, Inc. (EERI), a subsidiary of SMC Global Power. In a statement on Friday, Dec. 13, ERC Chairman and Chief...
