Consumers are facing a dual energy price shock this month as upward adjustments in generation charges and escalating geopolitical tensions in the Middle East drive up both household electricity rates and retail pump prices. Manila Electric Co. (Meralco), the country’s largest power distributor,...
Senator Risa Hontiveros on Friday, July 10 sought a “no disconnection” policy for consumers who are contesting their electricity bills with Meralco. “Consumers who were erroneously charged should not be forced to pay disputed charges just to keep their lights on,” Hontiveros said in a...
Manila Electric Co.’s (Meralco) plan to refund more than ₱9 billion to customers may not translate into lower electricity bills, as its regulator is also weighing the power utility giant’s request to recover more than ₱9 billion in additional charges. The Energy Regulatory Commission (ERC)...
A 28-year-old repeat offender, allegedly intoxicated, was arrested less than an hour after assaulting a senior citizen and threatening a Meralco lineman with a replica pistol in separate incidents in Barangay Payatas, Quezon City, on Wednesday morning, July 1. Police identified the suspect only by...
Manila Electric Co. (Meralco) is reviving talks with a United States (US) nuclear startup to advance its small modular reactor ambitions, signaling a renewed push into alternative energy despite local opposition and regulatory hurdles. Ronnie Aperocho, Meralco executive vice president and chief...
Manila Electric Co. (Meralco), the country’s largest power distributor, expects to post stronger financial results this year as electricity sales and generation operations continue to improve. Meralco Chairman Manuel V. Pangilinan said on Tuesday, June 30, that the group’s generation and...
Aboitiz Equity Ventures Inc. (AEV) has consolidated its position as the market leader in the Philippine power generation sector, ahead of four industry rivals through its extensive portfolio of generation companies. The Cebu-based conglomerate, operating through its core energy unit Aboitiz Power...
SP New Energy Corp. (SPNEC) is pursuing its backdoor listing with renewable energy (RE) unit MGEN Renewable Energy Inc. (MGreen), a year after announcing its plans for asset injections. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, June 25, SPNEC said it has approved an...
Manuel V. Pangilinan-led Manila Electric Co.’s (Meralco) solar subsidiary has partnered with two Japan-based companies to develop solar projects for industrial facilities in the Philippines. In a statement on Thursday, June 25, MSpectrum Inc. said it secured a joint venture (JV) agreement with...
Manila Electric Co. (Meralco), the country’s largest power distributor, began the competitive bidding process to secure 600 megawatts of baseload power supply, aiming to safeguard electricity reliability for its growing customer base. In a statement, Meralco said the utility received a...
The Pasay City government has advised residents and businesses in several areas of Barangay Malibay to prepare for a scheduled power service interruption in the early hours of Friday, June 26, due to line reconstruction works along Clemente Jose Street. According to an advisory issued by the Manila...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) and its power generation arm are partnering with Vietnam-based VinEnergo Energy Joint Stock Co. (VinEnergo) to explore about five gigawatts (GW) worth of renewable energy (RE) projects in the Philippines. In a statement on Tuesday, June 23,...
