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...
President Marcos on Monday called on Congress to immediately amend the Electric Power Industry Reform Act (EPIRA), saying consumers should no longer shoulder systems loss charges in their electricity bills because these are not their responsibility. The announcement, made during his fifth State of...
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...
The Energy Regulatory Commission (ERC) plans to slash the maximum offer price for power reserves by 64 percent to protect consumers from sharp rate spikes while preserving stability in the national electricity grid. Under an eight-page draft resolution released by the utility regulator, the price...
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)...
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...
