In a surprising turnaround, Manila Electric Co. (Meralco) announced a substantial reduction in June electricity rates for its customers, following an order from the Energy Regulatory Commission (ERC) to stagger the collection of generation costs from the Wholesale Electricity Spot Marker (WESM)....
From getting sunburnt due to extreme summer heat, the roughly 8.0 million customers of Manila Electric Company (Meralco) will be confronted with another harsh reality of P0.6436 per kilowatt hour (kWh) rate hike that will squeeze their wallets tight this June billing cycle. As announced by the...
The Manila Electric Co. (Meralco) has initiated the search for new suppliers capable of providing 600 megawatts of power to meet its requirements starting next year. In a statement, Meralco announced that it has begun the competitive selection process (CSP) to secure its baseload supply to fulfill...
Manila Electric Co. (Meralco) has warned its customers to prepare for an increase in their electricity bills for June due to higher pass-through charges. In a statement, Joe R. Zaldarriaga, Meralco spokesperson said these charges will consist of a rise in transmission costs and an increase in...
Power retailer Manila Electric Co. (Meralco) announced it will continue its partnership with Robinsons Land Corp. (RLC) to supply electric services to its commercial and residential developments. Meralco said it created a comprehensive development plan that will support the power requirements of...
Power retailer Manila Electric Company (Meralco) has secured commitments from two large power consumers to participate in the government's interruptible load program (ILP). In a statement on Tuesday, Jun3 4, Meralco said that Pioneer Float Glass Manufacturing, Inc. agreed to provide a two-megawatt...
The Manila Electric Co. (Meralco) said that around two million customers were affected by rotational power interruptions on Saturday following the declaration of a red alert on the Luzon Grid. Joe R. Zaldarriaga, Meralco spokesperson and head of corporate communications, said that customers in...
The Manila Electric Co. (Meralco) said that power services in regions hit by Typhoon Aghon were fully restored late Tuesday, May 28, after the completion of repairs on all circuits and primary lines. In a statement, Joe R. Zaldarriaga, Meralco spokesperson, said “With almost 100 percent service...
Sen. Sherwin Gatchalian said that Manila Electric Company's (Meralco) franchise renewal will allow scrutiny of the giant utility’s performance. “These franchise renewals, my view always is that we have to use this opportunity to review the performance of the grantee. And that's a good way of...
The Manila Electric Co. (Meralco) has officially initiated the bidding process to procure 500 megawatts (MW) of renewable energy capacity. In a statement, Meralco said this move is in compliance with the government's renewable energy standards and reflects its commitment to enhance reliance...
In preparation for the potential impact of Tropical Storm Aghon, the Manila Electric Co. (Meralco) said it is on high alert and ready to respond to any power outages and electricity service concerns that may arise. In a statement on Sunday, May 26, Joe R. Zaldarriaga, Meralco vice president...
An official from the Department of Energy (DOE) has reported a better power situation in Luzon due to improved stability in the region's electricity supply. Energy Assistant Secretary Mario C. Marasigan told reporters on Friday, May 24, that the power outage was reduced to 1,600 megawatts while the...
