A consumer rights advocate called on the Senate to amend key provisions in the proposed measure to renew the Manila Electric Co. (Meralco) franchise, aiming to protect consumers from further power rate hikes. In a letter addressed to Senate President Francis “Chiz” Escudero and other...
The Energy Regulatory Commission (ERC) has denied the request of Manila Electric Company (Meralco) and San Miguel-led Masinloc Power Co. Ltd. (MPCL) to begin their Power Supply Agreement (PSA) ahead of schedule. In a statement, the ERC determined that awarding provisional authority for their PSA is...
The Energy Regulatory Commission (ERC) has approved the 15-year Power Supply Agreement (PSA) between Manuel V. Pangilinan-led Manila Electric Company (Meralco) and Excellent Energy Resources, Inc. (EERI), a subsidiary of SMC Global Power. In a statement on Friday, Dec. 13, ERC Chairman and Chief...
To combat the rising theft of electricity distribution facilities, the Manila Electric Company (Meralco) has partnered with the Philippine National Police (PNP) to enhance investigations and prosecutions. In a statement, Meralco said the utility firm and the PNP signed a memorandum of understanding...
Razon-led East Zone concessionaire Manila Water Co. has secured a power purchase agreement (PPA) with Manila Electric Company's (Meralco) solar power firm to integrate sustainable energy into its facilities. In a statement on Tuesday, Dec. 10, MSpectrum, Meralco's power unit, announced it would...
Filipino families looking forward to a bright and festive Christmas may find their holiday cheer dimmed slightly by an unexpected Grinch: higher electricity bills. The Manila Electric Company (Meralco) announced on Tuesday, Dec. 10, a P0.1048 per kilowatt-hour (kWh) increase in electricity rates...
The Energy Regulatory Commission (ERC) has granted provisional approval to two Power Supply Agreements (PSAs) between Manila Electric Company (Meralco) and the renewable energy units of ACEN and San Miguel Corporation. Meralco and ACEN-led Gigasol 3, Inc. will soon implement their PSA following the...
Manila Electric Co. (Meralco) and New NAIA Infra Corp. (NNIC) have partnered to modernize the Ninoy Aquino International Airport (NAIA) with sustainable and reliable energy solutions. In a statement on Monday, Dec. 9, Meralco said the partnership aims to address NAIA's persistent power issues and...
MSpectrum, Inc., a wholly owned solar subsidiary of the Manila Electric Company (Meralco), has partnered with food manufacturer Edward Keller Philippines Inc. (EKPI) to help the latter reduce its carbon footprint and contribute to a more sustainable environment. In a statement, MSpectrum said a...
Meralco PowerGen Corporation (MGen) plans to convert two of its coal-powered units into gas-fired plants in response to the coal moratorium. Yari Miralao, MGen Gas Energy Holdings, Inc. (MGen Gas) president and chief executive officer, said the projects with Global Luzon Energy Development...
A Senate panel on Monday, November 25, endorsed bills pushing for the renewal of Meralco’s franchise. Sen. Raffy T. Tulfo scrutinizes the Manila Electric Company (Meralco) franchise performance in providing electricity to 25 percent of the Philippine population living in 39 cities and 72...
Power retailer Manila Electric Company (Meralco) is eyeing around P25 billion in capital expenditures (CAPEX) next year to upgrade its distribution systems and grid, among other initiatives. Ronnie L. Aperocho, Meralco executive vice president and chief operating officer told reporters that the...
