CAGAYAN DE ORO CITY – The Cagayan de Oro City Water District has considered the call of consumers and local officials to defer its proposed 60 percent water rate adjustment for three years, understanding the added problems it might bring to residents. Instead of adjusting the rate, the COWD asked...
AGRI Party-list Rep. Wilbert T. Lee (Rep. Lee's office) An injustice to Filipinos. This was how AGRI Party-list Rep. Wilbert T. Lee described the Philippine Health Insurance Corporation’s (PhilHealth) impending five percent increase in premium rates this year....
An increase of P0.0846 per kilowatt hour (kWh) in the January billing cycle of Manila Electric Company (Meralco) will bring slight squeeze in the pockets of its roughly 8.0 million customers in the initial month of this year. The power utility firm announced that its tariff will climb to P11.3430...
CAGAYAN DE ORO CITY – The city council here passed proposed Resolution No. 2023-542 during its regular session on Tuesday, November 28, requesting the Cagayan de Oro City Water District (COWD) to defer its proposed 60 percent water rate increase in the next three years. Councilor Joyleen Mercedes...
Finance Secretary Benjamin E. Diokno believes that borrowing costs in the country have hit a ceiling. On the sidelines of the Retail Dollar Bond 2 listing on the Philippine Dealing and Exchange Board on Monday, Nov. 6, Diokno stated that there is no rationale to warrant a further increase in...
Happy driving days will continue for Filipino consumers next week as oil prices will continue to track downtrend at the domestic pumps, according to the calculation of the oil companies. Based on the estimates of the industry players, the price of diesel in particular will have a heftier rollback...
The Department of Energy (DOE) has ordered and deployed personnel to carry out physical inspection of the delayed liquefied natural gas (LNG) import facilities, as the snagged kick-off of their commercial operations have been triggering spikes in electricity rates being passed on to consumers....
After 11 weeks of financial torment at the gasoline stations, consumers can finally heave a sigh of slight relief as oil prices will be on rollback at the pumps by Tuesday (September 26), based on the calculation of the oil companies. According to the industry players, the price of diesel products...
LAOAG CITY, Ilocos Norte – The Ilocos Norte Electric Cooperative (INEC) announced a reduction in the power rate for residential customers in this province this month. In an advisory, INEC said the residential power rate is down to P11.5517 per kilowatt hour (kWh) inclusive of Value-Added...
More than 7.0 million customers of Manila Electric Company (Meralco) will experience squeeze in their household budgets as the electricity tariff of the power utility will rise by P0.5006 per kilowatt hour (kWh) in its September billing cycle. The rate hike will drive up Meralco’s overall...
The Energy Regulatory Commission has granted the plea of power utility giant Manila Electric Company (Meralco) and its affiliate-firm Panay Energy Development Corporation (PEDC) on their contract price adjustment. In tandem with that ruling of the Commission had also been the approval on a...
Price surges at the domestic pumps will partly cool off next week, as the adjustments will be relatively moderate, based on the calculation of the oil companies. According to the industry players, gasoline prices will rise by P0.70 to P1.00 per liter; while diesel prices may not change because the...
