Customers of Manila Electric Company (Meralco) will have to brace for higher electricity rates in their May billings, mainly due to uptick in the generation charge component of the overall tariff. According to Meralco Vice President Joe Zaldarriaga, “We expect an upward adjustment in the...
Power utility giant Manila Electric Company (Meralco) will be investing P19.2 billion in the next four years for the rollout of "intelligent meters" or advanced metering infrastructure (AMI) for customers within its franchise area in Metro Manila and neighboring provinces. Atty Jose Ronald V....
The Energy Regulatory Commission (ERC) is scheduling next month the public hearings on the power supply agreement (PSA) of Manila Electric Company (Meralco) and South Premiere Power Corporation (SPPC) of the San Miguel group for the former's supplemental 170-megawatt power supply, especially for...
Transmission firm National Grid Corporation of the Philippines (NGCP) will be allotting mammoth capital expenditures (capex) of P160 billion to bankroll its programmed projects until year 2025, which are aligned with its 5th tariff regulatory reset filing with the Energy Regulatory Commission...
Residential customers of Manila Electric Company (Meralco) will have to bear higher electric bills this month as the utility firm’s tariff had gone up by P0.5363 per kilowatt hour (kWh) or aggregate P107.26 for those in the 200-kilowatt consumption threshold. According to the power company, the...
The Energy Regulatory Commission (ERC) is scheduling two days of public hearings on April 26 and 28 for the applied increase in the distribution charge of power utility giant Manila Electric Company (Meralco), and that is a key component of the overall tariff it has been passing on in the...
Energy stakeholders with rate petitions or license applications will no longer wait patiently for slow-moving elevators, as the Energy Regulatory Commission (ERC) has announced that it is moving into a modern and eco-friendly office at the Exquadra Tower within the enclaves of the Ortigas Business...
Manufacturing facilities in the country have been the "first movers" in signing up power supply agreements (PSAs) for 100 percent renewable energy (RE) for their electricity requirements. Initially, 17 contracts have already been registered by the Independent Electricity Market Operator of the...
Eagle-eyed Energy Regulatory Commission (ERC) has stepped up investigation on the simultaneous unplanned shutdowns of habitually-delinquent power plants that plunged Luzon grid anew into "yellow alert" condition over the weekend. Following the forced outages of at least seven generating units last...
ERC sets ‘reserve prices’ for RE capacity auction By MYRNA M. VELASCO The Energy Regulatory Commission (ERC) has issued the preliminary green energy auction reserve (GEAR) pricing for renewable energy (RE) capacity installations scheduled for bidding this year by the Department of Energy (DOE)....
The Energy Regulatory Commission (ERC) is reviewing the proposed lifting of the P6.245 per kilowatt hour (kWh) secondary price cap (SCP) at the Wholesale Electricity Spot Market (WESM) after an appeal from the power generators due to soaring fuel prices in the world market. The generation companies...
A “special settlement arrangement” is being firmed up for the trading of capacity in the Wholesale Electricity Spot Market (WESM) for the scheduled energization of the P52-billion Mindanao-Visayas Interconnection Project (MVIP), or the link-up of power grids in the two islands as concretized by...
