Could this be a case of “better to laugh with the sinners than weep with the saints?” Too bad for consumers—no laughter here, only swelling bills and bitter tears! Back in November 2022, the Energy Regulatory Commission (ERC) slammed the door on the ₱5.2-billion rate hike plea of SMC Global...
The uptrend in the tariff of Manila Electric Company (Meralco) in its July billing will strain its customers’ household budgets, but a survey of selected power utilities in various parts of the country would show that its rate hike is still leaner versus peer-distribution firms. Meralco announced...
ILOILO CITY – Electric consumers in this city have to pay an additional P4.0817 per kilowatt-hour (kWh) in the July billing cycle. A LINEMAN of MORE Electric and Power Corp. (MORE Power) in Iloilo City. (Tara Yap) Lone power distributor MORE Electric and Power Corp. (MORE Power) announced that...
By MYRNA M. VELASCO The roughly 8.0 million customers of Manila Electric Company (Meralco) will suffer ‘electric shock’ from its P2.1496 per kilowatt hour (kWh) hefty rate hike in the July billing, which were triggered by uptick in the generation charge with high exposure in the Wholesale...
DAVAO CITY – The Davao City Water District (DCWD) has announced a 10 percent water rate increase this month. JC Duhaylungsod, DCWD spokesperson, said that the increase is the third tranche of the 60 percent water rate adjustment approved by Local Water Utilities Administration (LWUA) in July...
DAVAO CITY – An additional increase in electricity rate may be implemented within the franchise area of the Aboitiz-led Davao Light and Power Co. (DLPC) starting this month due to the effect of El the Niño phenomenon. Fermin Edillon, head of the Reputation Enhancement Department of DLPC, said...
CEBU CITY – A retired police general has asked the court to stop the municipal government of Sogod in northern Cebu from implementing an ordinance that imposes what he described as exorbitant water rates. Jose Marie Espino and wife Rose, residents of Sogod, have filed a petition with application...
ILOILO CITY – This city’s power distributor, MORE Power, has imposed P1.02 per kilowatt hour rate increase this month. A LINEMAN of MORE Electric and Power Corp. (MORE Power) in Iloilo City. (Tara Yap) MORE Power said residential consumers will pay P11.3263 per kWh for their May 18 to...
While most consumers expected radical spike in electricity rates, power utility giant Manila Electric Company (Meralco) had announced a rather moderate hike of P0.4621 per kilowatt hour (kWh) in its overall pass-on tariff that will be reflected in the bills of consumers this May. For residential...
CALAPAN CITY, Oriental Mindoro – The provincial government has filed a petition before the Energy Regulatory Commission opposing the move of the National Power Corp. to increase electricity rates in areas outside the main Luzon grid by as much as 36 percent. In a seven-page petition, the...
The Social Security System (SSS) posted a record profit of P83.13 billion last year, propelled by robust revenues resulting from the increase in the contribution rate. The private sector employees' pension fund surpassed its 2023 net income target of P51.06 billion by 62.8 percent as well as...
CAGAYAN DE ORO CITY – The contested debt of the Cagayan de Oro City Water District (COWD) remains unresolved despite a recent meeting that prevented disconnection of water supply from its bulk supplier. THE Cagayan de Oro City Water District on Corrales Ave., Cagayan de Oro City. (Franck Dick...
