Power retailer Manila Electric Company (Meralco) announced a P0.4274 per kilowatt-hour (kWh) increase in electricity rates for November, bringing the overall rate to P11.8569 per kWh from October's P11.4295 per kWh. In a briefing, Joe Zaldarriaga, Meralco vice president and head of corporate...
The Manila Electric Company (Meralco) said it is prepared to address potential power disruptions caused by Typhoon Nika and has mobilized its workforce to ensure prompt customer support. In a statement, Meraclo said the utility firm is closely monitoring the typhoon's path as parts of its...
Terry Ridon (Facebook) Former Kabataan Party-list Rep. Terry Ridon is prodding the Energy Regulatory Commission (ERC) to immediately resolve the long overdue tariff review of the Manila Electric Company (Meralco), the country's biggest power...
Pampanga II Electric Cooperative (PELCO II), co-managed by Manila Electric Co. (Meralco), has launched its first mobile substation to address the increasing power demand in Pampanga. In a statement, PELCO said that the substation, with a 10-megavolt ampere (MVA) capacity and 69/13.2 kilovolt...
Pangilinan-led Metro Pacific Investments Corporation (MPIC) reported a 28 percent growth in consolidated core net income, hitting a record P20.8 billion in the first nine months of 2024, from P16.2 billion in the same period last year. In a statement, the firm said improved financial and operating...
Meralco The House of Representatives has overwhelmingly approved on third and final reading the bill seeking a new 25-year franchise for the Manila Electric Co.(Meralco), the country's biggest power distributor. The propsosed franchise...
Manuel V. Pangilinan-led Manila Electric Company has put up a new switching station for a data center in Sta. Rosa, Laguna. Meralco’s new infrastructure will support the power needs of VITRO Inc.'s AI-powered hyper-scale data center. VITRO is a subsidiary of ePLDT and the data center arm of the...
The Energy Regulatory Commission (ERC) will need to revisit and review a few matters with power distribution giant Manila Electric Company (Meralco) regarding its fifth regulatory period (5RP) as it said that they were expecting a refund approval last week. During a media briefing, reinstated ERC...
With the growth in sales of the distribution utility (DU) during the first nine months of 2024, the Manila Electric Company (Meralco) expects that its total number of customers will reach eight million by next month. During a media briefing, Meralco reported that its total customer count reached...
The Manila Electric Company (Meralco) is expecting an official decision from the Energy Regulatory Commission (ERC) regarding the first three-year refund and approval for the next regulatory period. In a briefing on Monday, Oct. 28, Meralco Senior Vice President Jose Ronald Valles estimated a P16...
Manny V. Pangilinan-led Manila Electric Company (Meralco) reported an increase in its consolidated core net income (CCNI), fueled by higher sales volumes and improved yields in its distribution, generation, and retail electricity supply businesses. In a briefing on Monday, Oct. 28, Meralco said...
Manila Electric Company (Meralco) reported progress in restoring power to its service areas following the devastation caused by Tropical Storm “Kristine.” As of Friday, Oct. 25, the number of affected customers has been reduced from 566,000 to approximately 360,000. Joe Zaldarriaga,...
