The Department of Energy (DOE) is stepping up efforts on the accelerated compliance of government agencies and entities on the mandated 10 percent savings on energy usage that they must achieve, as prescribed under Administrative Order (AO) 15 that was issued by President Marcos early this year. To...
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...
System operator National Grid Corporation of the Philippines (NGCP) forthrightly stated that it can deliver more transmission projects to commercial completion if approvals of the Energy Regulatory Commission (ERC) on its cost recoveries for invested capital could be granted promptly. “With...
System operator National Grid Corporation of the Philippines (NGCP) is batting for regulatory approval on full cost recovery of its P20.94 billion investment in the newly reinforced 500-kilovolt Hermosa-San Jose transmission line, which is now supporting the wheeling of additional capacities in...
Senator Sherwin Gatchalian has called on businesses and residential owners to exercise prudence in using electricity especially during the holiday season as the country experiences a surge in electricity usage. Gatchalian made the call as the country observes the National Energy...
The Manila Electric Co. (Meralco) said it will hold a competitive bidding for 1,800 megawatts of power supply next year after the Energy Regulatory Commission (ERC) approved the termination of its power supply deal with San Miguel's power generation unit. In a statement on Thursday, Nov. 2, Meralco...
The Energy Regulatory Commission (ERC) should thoroughly investigate and verify the National Grid Corporation of the Philippines’ (NGCP) claims they are spending P8.7-billion on janitorial and security services for a purported total of 583 facilities, each costing the company P87,000 per...
Senator Risa Hontiveros on Tuesday, October 3 urged energy officials to implement game-changing reforms to reduce energy costs and alleviate the burden of electricity consumers. For one, Hontiveros said the National Grid Corporation of the Philippines (NGCP) and other private distribution...
Senate Deputy Minority Leader Senator Risa Hontiveros on Monday, August 14 said the Energy Regulatory Commission (ERC) should look into the National Grid Corporation of the Philippines’ (NGCP) account books and check whether it is correct to impose only a three percent franchise tax from the...
There's a need to quantify in hard numbers the cost and benefit of the proposed economic Charter change (Cha-cha) in the House of Representatives. House Minority Leader 4Ps Party-list Rep. Marcelino Libanan (Contributed photo) Thus, said House Minority Leader and 4Ps Party-list Rep. Marcelino...
The Department of Energy (DOE) has vowed to implement measures that will lessen the cost of electricity in the country, which is described as one of the most expensive in Asia. One of the measures being eyed is the continuity of lifeline rate subsidy as among the programs that is seen as an...
PHNOM PENH, Cambodia—The Philippines wants to establish at least one million units of low-cost housing every year, President Ferdinand Marcos Jr. said Thursday. While it is "ambitious," Marcos said the government "will try very, very hard" to make it happen. At the sidelines of the...