Could this be a case of “better to laugh with the sinners than weep with the saints?” Too bad for consumers—no laughter here, only swelling bills and bitter tears! Back in November 2022, the Energy Regulatory Commission (ERC) slammed the door on the ₱5.2-billion rate hike plea of SMC Global...
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...
ILOILO CITY – Electric consumers in this city have to pay an additional P4.0817 per kilowatt-hour (kWh) in the July billing cycle. A LINEMAN of MORE Electric and Power Corp. (MORE Power) in Iloilo City. (Tara Yap) Lone power distributor MORE Electric and Power Corp. (MORE Power) announced that...
By MYRNA M. VELASCO The roughly 8.0 million customers of Manila Electric Company (Meralco) will suffer ‘electric shock’ from its P2.1496 per kilowatt hour (kWh) hefty rate hike in the July billing, which were triggered by uptick in the generation charge with high exposure in the Wholesale...
(Noel Pabalate/MANILA BULLETIN) Several high-ranking members of the House of Representatives commended the initiative of Speaker Martin Romualdez to conduct a comprehensive review of the Electric Power Industry Regulation Act (EPIRA) in a bid to...
DAVAO CITY – An additional increase in electricity rate may be implemented within the franchise area of the Aboitiz-led Davao Light and Power Co. (DLPC) starting this month due to the effect of El the Niño phenomenon. Fermin Edillon, head of the Reputation Enhancement Department of DLPC, said...
ILOILO CITY – This city’s power distributor, MORE Power, has imposed P1.02 per kilowatt hour rate increase this month. A LINEMAN of MORE Electric and Power Corp. (MORE Power) in Iloilo City. (Tara Yap) MORE Power said residential consumers will pay P11.3263 per kWh for their May 18 to...
CALAPAN CITY, Oriental Mindoro – The provincial government has filed a petition before the Energy Regulatory Commission opposing the move of the National Power Corp. to increase electricity rates in areas outside the main Luzon grid by as much as 36 percent. In a seven-page petition, the...
The Energy Regulatory Commission (ERC) continues to observe the charges made by generation companies (GenCos) collected from consumers by distribution utilities (DU). The ERC said that this year's generation rates showed stability, but noticed an imbalance between the global coal price reduction...
The Manila Electric Co. (Meralco) said that the power prices in the country coincide with the real electricity costs, and that their rates are fair and reasonable to its service quality. Meralco issued the statement to clarify the recent statements made by ACT-Teachers Representative France Castro,...
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 7.7 million customers of Manila Electric Company (Meralco) will likely experience relief in their power bills this August, as the utility firm is anticipating downtrend in its overall rate in this billing cycle. “While we have yet to receive the final billings from our suppliers, we...