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)...
Assistant Minority Leader Akbayan Party-list Rep. Chel Diokno has reiterated the need for the House of Representatives launch a inquiry on the sudden and unexplained surge in electricity costs. This, as the lawyer-solon cited concerns from consumers regarding power distribution giant, the Manila...
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...
Electricity bills are expected to increase this month as system-wide spot prices rose by 22.7 percent to nearly ₱10 per kilowatt-hour (kWh) in June amid tighter supply driven by persistent power outages in Visayas. According to the Independent Electricity Market Operator of the Philippines...
Retail electricity supplier Rockport Power Inc. is expanding its operations through new partnerships with major distribution utilities and electric cooperatives to help commercial and industrial consumers manage their power costs. In a statement, Rockport Power said the company has secured...
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...
Electricity consumers are set to break away from traditional utility monopolies next week, as regulators lower the threshold for market contestability to let households and small businesses choose their own power suppliers. Starting June 26, the Energy Regulatory Commission (ERC) will reduce the...
The Philippine National Police (PNP) on Monda, June 15, sait it deployed additional personnel to communities struggling with power outages following the recent earthquake in Mindanao to prevent crime and protect the public. Police General Jose Melencio C. Nartatez Jr., PNP chief, directed the...
After a slight pullback last month, customers should brace for higher electricity prices in June following an upward adjustment in generation charges, according to Manila Electric Co. (Meralco). Meralco said on Thursday, June 11, that it is increasing electricity rates by ₱0.1488 per...