Consumers could see lower electricity bills within a year as the Department of Energy (DOE) moves to reduce system loss charges on monthly power bills, with Energy Secretary Sharon Garin saying the agency aims to implement reforms before the next State of the Nation Address (SONA). “It’s not...
Amid mounting concerns over high electricity bills, the country’s power sector is reviewing system loss charges after President Ferdinand R. Marcos Jr. called for measures to reduce electricity costs during his penultimate State of the Nation Address (SONA). Manila Electric Co. (Meralco), the...
Manila Electric Co. (Meralco) is continuing to procure power beyond its original agreement with First Gas Power Corp. following the Department of Energy (DOE) directive aimed at maintaining grid stability in Luzon. Ronald Valles, Meralco senior vice president and head of regulatory management, said...
Residential electricity rates in key regions in the country surged in June, driven by persistent grid instability and elevated generation costs in the Visayas, according to Department of Energy (DOE) data. Southern Leyte Electric Cooperative Inc., Northern Samar Electric Cooperative Inc., and...
Filipino households face an imminent double whammy of rising energy costs as pump prices surge and power bills threaten to escalate further due to global supply disruptions. Fuel retailers are scheduled to implement steep price increases effective Tuesday, July 21. Diesel prices will jump by...
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...
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...
Manila Electric Co. (Meralco) expressed support for initiatives aimed at improving electricity services and reducing consumer costs after progressive groups staged a protest outside its Pasig office on Tuesday, May 19, calling for lower rates and the repeal of the Electric Power Industry Reform Act...
