(Unsplash) The distribution and regulation sides of the Philippine power sector have expressed their backing of the economic Charter Change (Cha-cha) that's being pushed by the House of Representatives. In particular, resource persons from the Manila...
Power utility giant Manila Electric Company (Meralco) has beefed up its supply portfolio with additional 400-megawatt baseload power supply procurement from the Limay thermal power plant of SMC Global Power Holdings of the San Miguel group. The tariff for the new interim power supply agreement...
Extended weekends represent an opportunity for working families to relax, rejuvenate, and come together at home. However, this respite often comes with a trade-off: increased electricity usage and subsequently higher bills. In 2023, families were treated to multiple long weekends due to the...
The Manila Electric Co. (Meralco) has secured the best bid from Limay Power, Inc. (LPI) to meet its 400-megawatt (MW) power supply requirements. In a statement, Meralco said that two out of the three bidders that initially showed interest in the competitive selection process (CSP) have submitted...
The Manila Electric Co.’s (Meralco) net income posted a double-digit surge last year, fueled by the improved power generation and retail electricity operations, as well as an uptick in energy sales through its distribution utility (DU) business. Meralco, the largest power retailer in the country,...
Gas supply from the Malampaya field has resumed and started feeding to the gas plants on Friday (February 23), , as affirmed by the gas-offtakers (buyers) and the Department of Energy (DOE). The four-day zero gas production from February 19-23 had earlier prompted full shift to liquefied natural...
Power utility giant Manila Electric Company (Meralco) will refund P0.05 per kilowatt hour (kWh) in March billing to customers, which accounts for the charges it passed on from the new gas sale and purchase agreement (GSPA) that its power supplier First Gen Corporation had sealed with the Malampaya...
Power utility giant Manila Electric Company (Meralco) will be infusing fresh capital outlay of P280 million for the development of a switching station that will support electricity services for the multi-billion Metro Manila subway project. The 115-kilovolt (kV) switching station that shall be...
The Energy Regulatory Commission (ERC) is requiring power utility giant Manila Electric Company (Meralco) to file a formal application for the pass-on of fuel charges that shall be reckoned from the new gas sale and purchase agreement (GSPA) that First Gen Corporation had signed with the Malampaya...
Power utility giant Manila Electric Company (Meralco) will refund the ‘generation charge overbilling’ that it has passed on in the February electric bills that had been invoiced by its power suppliers feeding on liquefied natural gas (LNG) as well as components of capacity generated from the...
The Energy Regulatory Commission (ERC) has clearly stipulated that clearance shall be secured first before Manila Electric Company (Meralco) can pass on costs relating to procured supply from plants running on liquefied natural gas (LNG) – and that is primarily applied to its contracted...
Summer is always associated with having high energy for much-awaited adventures and leisurely basking in the sun, but what’s lurking in the dark is the sting of skyrocketing electric bills as well as discontent of ‘tight power supply blues’ that could descend into worse scenarios of service...
