The Manila Electric Company (Meralco) said on Tuesday, Jan. 28, that it will file an application to refund a total of P19 billion to its customers over a period of three years, following an order from the Energy Regulatory Commission (ERC). In a statement, Meralco said the refund, which is...
MPower, the retail electricity arm of Manila Electric Company (Meralco), will provide 100 percent renewable energy (RE) to SM Retail, Inc.'s largest establishments in Pasay City, including its headquarters. The agreement, announced on Wednesday, January 22, allows SM Retail to source its...
Senator Joel Villanueva is looking to have at least a second reading approval of Meralco’s franchise renewal before the Senate takes a break on Feb. 8. "Hopefully, I'm looking at before the break, mapasa naman ito (we can pass this) at least on second reading," he said on Thursday, Feb. 16,...
Over 20 industry groups have expressed support for renewing Meralco’s franchise as the Senate deliberates on the proposed legislative measure. Senate Bill No. 2824 authored by Senator Joel Villanueva, seeks to grant Meralco a fresh 25-year authority to operate. In his sponsorship speech, the...
Consumers will have a slight reprieve on their electricity bills in the new year as the Manila Electric Company (Meralco) announced a rate decrease of P0.2189 per kilowatt-hour (kWh). This brings the overall rate for a typical household to P11.7428 per kWh, down from P11.9617 per kWh last month....
Manila Electric Company (Meralco) customers can breathe a sigh of relief as the power retailer forecasted lower electricity rates for January, citing improved supply conditions and lower generation costs. Joe Zaldarriaga, Meralco’s Vice President and Head of Corporate Communications, said on...
Manila Electric Company's (Meralco) subsidiary, MSpectrum, Inc., has switched on a new solar rooftop facility for General Trias Water Corp. (GTWC) that will power a water pump in Cavite. Valued at P2.5 million, MSpectrum said the 33 kilowatt-peak (kWp) solar facility is designed to generate 45,350...
The Energy Regulatory Commission (ERC) has outlined 11 regulatory priorities for the first semester of 2025, with a focus on issues related to the National Grid Corporation of the Philippines (NGCP) and Manila Electric Company (Meralco). In a briefing, ERC Chairperson Monalisa Dimalanta said the...
The Manila Electric Company (Meralco) has announced scheduled power maintenance in several cities, municipalities, and provinces across Luzon. Starting Wednesday, January 8, Balara, Quezon City, and Mendez-Nuñez, Indang, Cavite, will experience the first round of maintenance. This is due to pole...
The Energy Regulatory Commission (ERC) has adopted key amendments to its resolution governing the rate-setting process for privately-owned electricity distributors to ensure the timely reset of rates, beginning with Manila Electric Company (Meralco). In a statement, the ERC Chairperson and...
Manny V. Pangilinan-led Manila Electric Company (Meralco) has forecasted potential growth in its consolidated sales volume this year, citing expansion in the residential and commercial sectors. Ferdinand Geluz, Meralco senior vice president and chief revenue officer, said this year's increase in...
The key players in the country's gas-to-power industry are exploring interconnecting their pipeline facilities to share liquefied natural gas (LNG) imports, a lifeline designed to neutralize potential fuel supply disruptions and ensure steady electricity generation from gas-fed plants. In an...
