Budgets for electricity bill payments will come heavier on the pockets of Manila Electric Company (Meralco) customers as its overall tariff had escalated by P0.4201 per kilowatt hour (kWh) in its October billing cycle to P11.8198 per kWh vis-à-vis P11.3997 per kWh last month. For its subscribers...
Senator Risa Hontiveros on Tuesday, October 3 urged energy officials to implement game-changing reforms to reduce energy costs and alleviate the burden of electricity consumers. For one, Hontiveros said the National Grid Corporation of the Philippines (NGCP) and other private distribution...
Razon-led MORE Electric and Power Corporation is expanding the base of its customers that have been availing of refund for their bill deposits, in compliance with the mandate of the Energy Regulatory Commission. In a statement to the media, MORE Power indicated that at least 175 customers already...
Power utility giant Manila Electric Company (Meralco) will be introducing ‘smart tariffs or rates’ that will be tailor-fitted to consumers’ budgets and specific needs – be it for direct electricity services to homes and businesses; or on the charging of electric vehicles (EVs) as part of...
More than 7.0 million customers of Manila Electric Company (Meralco) will experience squeeze in their household budgets as the electricity tariff of the power utility will rise by P0.5006 per kilowatt hour (kWh) in its September billing cycle. The rate hike will drive up Meralco’s overall...
The Department of Social Welfare and Development (DSWD) on Wednesday, Sept. 6 said the decision to postpone the full implementation of the new lifeline rate program until January 2024 will enable the enrollment of more Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries. The full rollout of the...
Senate Deputy Minority Leader Senator Risa Hontiveros on Monday, August 14 said the Energy Regulatory Commission (ERC) should look into the National Grid Corporation of the Philippines’ (NGCP) account books and check whether it is correct to impose only a three percent franchise tax from the...
Senator Sherwin Gatchalian on Friday, August 11, commended the Energy Regulatory Commission’s (ERC) decision to suspend the National Grid Corporation of the Philippines (NGCP) inclusion of a three percent (3%) franchise tax in its transmission costs billed to distribution utilities. Sen....
Cooler temperatures in the past weeks have dampened overall electricity demand benefitting customers of Manila Electric Company (Meralco) with P0.2908 per kilowatt hour (kWh) rate reduction in their August bills. Relative to the rate downtrend, the utility firm said that residential end-users in...
The Marcos Administration will roll out next month the Lifeline Rate program, which aims to benefit qualified low-income households to help them pay their electricity bills, the Presidential Communications Office (PCO) said. Meralco The Lifeline Rate is a subsidized rate given to...
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...
Energy Secretary Raphael P.M. Lotilla is not pleased with the ‘low regulatory ranking’ of the Philippine power industry, pulled down by enforcement of rules and regulations and administrative hurdles that handicapped improvements in the overall performance of the Energy Regulatory Commission...
