Customers of Manila Electric Company (Meralco) don’t need to worry much about added financial burden in their electric bills this month, as the overall tariff to be passed on is seen “flattish” in this September billing cycle. Meralco Logo According to Joe Zaldarriaga, vice president and...
Fund administrator National Transmission Corporation (TransCo) has applied for P32.331 billion worth of feed-in-tariff (FIT) subsidy that will be utilized as payment to qualified renewable energy (RE) developers for calendar year 2022. In its filing with the Energy Regulatory Commission (ERC),...
While enjoying a relaxing trip outside of Metro Manila, Toni Gonzaga was able to share a glimpse of the chill life with a calming post as a reminder to her followers, "Always listening and absorbing." @CelestineGonzaga Toni poses in a an all-black number—high-waist shorts and a...
Have you always wanted to learn how to play volleyball but didn’t know where to start? We have good news for you: SM Development Corporation (SMDC) has tapped former volleyball star-turned-TV host Gretchen Ho to teach you the basics of the Olympic sport. The first episode of the series shows...
The average tariff billed to customers by power utility giant Manila Electric Company (Meralco) had been down by 3.0-percent in the first half of the year, and that was mainly attributed to the decline in the generation charge component of its pass-on rates. During a virtual briefing with the...
Tired of the incessant rain? Well, here’s a bit of sunshine. Sunshine Cruz that is. The actress posted several photos of her on Instagram wearing a variety of swimwear and she looked stunning. View this post on Instagram Many of her followers were awed. Fellow celebrities gushed over her photos...
SM City Lipa's Outdoor Fit Park is now open to serve you Fitness at SM City Lipa Stay physically active during these times to keep your mind and body healthy. Run, bike, and workout for free at the Outdoor Fit Park located at the second level open parking of SM City Lipa. The mall encourages...
Congress is being urged to craft a legislative measure that shall seek to remove or renegotiate feed-in-tariff (FIT) incentives to renewable energy (RE) projects -- given that this separate line item in the bill has been driving up electricity rates paid for by Filipino consumers. That...
Congress is being urged to craft a legislative measure to remove or renegotiate feed-in-tariff (FIT) incentives to renewable energy (RE) projects as it has been driving up electricity rates paid for by Filipino consumers. That recommendation is being advanced by advocacy group Laban Konsyumer Inc....
Renewable energy (RE) companies had been enforced with a moratorium, so they will not demand for penalty or interest payments on any delayed settlements of the feed-in-tariff (FIT) incentives that fund administrator National Transmission Corporation (TransCo) will be paying them. In an advisory,...
State-run National Transmission Corporation (TransCo) has warned that the feed-in-tariff allowance (FIT-All) fund could be depleted, adversely impacting the financial viability of the beneficiary-renewable energy (RE) firms. TransCo President and CEO Melvin A. Matibag In a virtual conference...
Conventional wisdom often paints the power sector as a “game for the big boys” – but in the country’s lofty ‘energy transition’ goal, even the “David-like players” are leading the way. They may not be as gigantic as their counterpart-conglomerates in terms of track record and...
