The additional 100 towers that had been transferred by Ayala-led Globe continue to beef up the telecom business portfolio of Meralco Industrial Engineering Services Corporation (MIESCOR), a subsidiary of power utility giant Manila Electric Company. Via MIESCOR Infrastructure Development Corporation...
Cooler temperatures in the past weeks have dampened overall electricity demand benefitting customers of Manila Electric Company (Meralco) with P0.2908 per kilowatt hour (kWh) rate reduction in their August bills. Relative to the rate downtrend, the utility firm said that residential end-users in...
While most players in the energy sector are excited about the incursion of innovative technology solutions in the industry, Manila Electric Company (Meralco) Chairman Manuel V. Pangilinan cautioned against the trap of "quick fixes" that will not bring in realistic energy security for the country....
After terminating its 330-megawatt fixed priced power supply agreement (PSA) due to the recently rendered verdict of the Court of Appeals, a subsidiary of SMC Global Power Holdings Corp. has offered a replacement power supply deal to power utility giant Manila Electric Company (Meralco). Meralco...
San Miguel Global Power Holdings (SMGP), the electricity generating subsidiary of conglomerate San Miguel Corporation (SMC), has bewailed the higher electricity rates that consumers are now paying after the Energy Regulatory Commission (ERC) denied its tariff adjustment application last year. “It...
More than seven million customers of power utility giant Manila Electric Company (Meralco) will feel relief in their pockets this month, as the tariffs pass-on of the company is highly anticipated to go down in the July billing cycle. According to Meralco Vice President and Head of Corporate...
A tripartite collaborative approach has been reached by the Energy Regulatory Commission (ERC), power utility giant Manila Electric Company (Meralco) and the city government of Pasig to promote the use of renewable energy (RE) in the host-locality. In a statement to the media, the ERC said that an...
Following a Supreme Court ruling affirming the rights of electricity consumers on unwarranted service disconnections, the Energy Regulatory Commission (ERC) stipulated that it will pay attention to the tenets of that verdict on its planned review of the Magna Carta for Residential Electricity...
AGRI Party-list Rep. Wilbert T. Lee (Rep. Lee's office) AGRI Party-list Rep. Wilbert T. Lee has a proposed a way for the Manila International Airport Authority (MIAA) to save up to P16 million in electricity fees from the operations of the Ninoy Aquino International Airport (NAIA) Terminal 3....
On top of the double whammy of rotational brownouts and scorching heat, consumers of Manila Electric Company (Meralco) will be distressed with additional financial burden as its rates will go up by P0.1761 per kilowatt hour (kWh) in this May billing. For roughly 70-percent of the utility firm’s...
Amid distress from scorching weather temperature, massive number of consumers in Luzon had to live through the agony of rotational blackouts of at least two-hour duration due to strained power supply in the grid following a transmission line tripping that was compounded by the forced outages and...
The Energy Regulatory Commission (ERC) has been discussing with the Independent Electricity Market Operator of the Philippines (IEMOP) the proposed measures for the pass-on of P22.64 billion worth of deferred charges which accumulated in 2013 following strained supply in the Luzon grid due to...
