Senator Erwin Tulfo on Thursday pushed back against Meralco 's argument that eliminating non-technical system loss charges could lead to higher operating costs that may eventually be reflected in electricity rates, saying distribution utilities should absorb ordinary business losses instead of...
Manila Electric Co. (Meralco) reported a 3.8 percent increase in first-half core net income, boosted by expanding power generation assets and retail market growth despite the slight dip in distribution volumes. Meralco Senior Vice President and Chief Finance Officer Betty Siy-Yap reported that the...
If there is one thing that has united consumers in recent months, it is not a national holiday or a collective celebration: it is the shared shock and frustration of opening their electric bills. For the millions of subscribers of the Manila Electric Co. (Meralco), every billing cycle has become an...
Manila Electric Co.’s (Meralco) plan to refund more than ₱9 billion to customers may not translate into lower electricity bills, as its regulator is also weighing the power utility giant’s request to recover more than ₱9 billion in additional charges. The Energy Regulatory Commission (ERC)...
After a slight pullback last month, customers should brace for higher electricity prices in June following an upward adjustment in generation charges, according to Manila Electric Co. (Meralco). Meralco said on Thursday, June 11, that it is increasing electricity rates by ₱0.1488 per...
In the capital-intensive world of infrastructure in the country, power companies are usually judged by a few hard numbers: megawatts generated, grid efficiency, and the bottom line. But Meralco PowerGen Corp. (MGEN) is trying a different track. The generation arm of the Philippines’ largest...
The Department of Trade and Industry (DTI) is studying a new policy that would regulate the manufacturing, distribution, and use of solar energy systems in the country as part of efforts to strengthen public safety and address concerns raised by electric utility firms. During a public consultation...
Manila Electric Co. (Meralco) has asked regulators for permission to cap an expected spike in electricity rates this month to shield households from surging generation costs and a weakening currency. In a proposal submitted to the Energy Regulatory Commission (ERC), the country’s largest power...
During intense deliberations that preceded the 2005 enactment of the Expanded Value Added Tax (E-VAT) Law, which also covered oil and electricity, lawmakers defended the measure as a treasury-tightening mechanism; an unpopular but calculated imposition designed to raise massive revenues so it could...
Despite a slow start to energy sales in the first quarter of 2026, Manuel V. Pangilinan-led Manila Electric Co. (Meralco) expects demand to rebound as the dry season intensifies. According to Meralco Chief Operating Officer (COO) Ronnie L. Aperocho, the El Niño phenomenon could increase energy...
Manila Electric Co. (Meralco) is seeking regulatory approval to return approximately ₱9 billion to its customers, adding to an existing multi-billion peso refund program aimed at easing the burden of high electricity costs. In an interview, Ronald Valles, Meralco head of regulatory management,...
Meralco PowerGen Corporation (MGEN) affirms its continued commitment to strengthening the country’s energy security through a diverse and forward-looking capacity strategy that aligns with evolving national policy directions amid rising global fuel costs and supply uncertainties. As the...
