Households and businesses face higher electricity bills this month after the country’s private grid operator raised transmission rates, driven by the double-digit surge in the cost of securing backup power reserves. Julius Ryan Datingaling, National Grid Corporation of the Philippines (NGCP)...
The Department of Energy (DOE) plans to replace its weekly fuel price guidance with a single, fixed price parameter to govern the next round of oil company pump price adjustments. This week, the DOE is setting the final range of fuel price adjustments, which will take effect on Tuesday, July 14....
As Meralco customers gear up for an increase in power rates this July, the Energy Regulatory Commission (ERC) should ensure consumers will not experience any irregularities in their electricity bills. Senate President Sherwin Gatchalian made the appeal as he also urged the ERC to make sure that...
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...
An orderly Senate that tackles priority measures is "exactly what we have been hoping for," President Marcos said. "Well, that is exactly what we have been all hoping for, that things become more orderly, na maging maayos ang takbo ng Senado (that Senate runs smoothly)," Marcos stated in an...
State-run think tank Philippine Institute for Development Studies (PIDS) is urging the government to overhaul its energy subsidy frameworks, warning that design flaws are allowing wealthy households and profitable private resorts to capture millions of pesos intended for marginalized consumers. In...
Malacañang has congratulated Sen. Sherwin Gatchalian after he formally assumed the Senate presidency, as it urged lawmakers to immediately act on priority measures of the Marcos administration. In a statement, Presidential Communications Office (PCO) Claire Castro said President Marcos wants...
President Marcos has called Congress to a special session on June 17 to urgently act on priority legislative measures aimed at strengthening social protection, expanding access to education and healthcare, and providing greater support to vulnerable Filipinos amid ongoing energy challenges and...
The government fully awarded its ₱40 billion offering of Treasury bills on Monday, as investors demanded higher yields amid mounting domestic inflation concerns and weakening currency. The Bureau of the Treasury raised the entire ₱40 billion on offer at its June 1 auction, staging a full...
Malacañang believes the passage of priority bills remains possible by June, at least on the executive department 's side. Palace Press Officer and Communications Undersecretary Claire Castro said there is no issue on the Palace 's side. But it cannot speak for the Senate, which,...
Malacañang said President Marcos is prepared to work with any Senate leader as long as the chamber’s actions are in the best interest of the Filipino people. Presidential Communications Office (PCO) Undersecretary Claire Castro said this after Senator Rodante Marcoleta’s statement that Senate...
