House Speaker Martin Romualdez (Speaker’s office) A game changer for the Philippines' energy landscape. That's how House Speaker Martin Romualdez described the twin nuclear agreements sealed during President Marcos' ongoing visit to the United...
(Unsplash) A former congressman, Infrawatch Convenor Terry Ridon, is calling on lawmakers in the country to help explain to Filipinos the true reason why local power rates are costly. This came in the wake of a proposal in the House of Representatives to split the...
Power utility giant Manila Electric Company (Meralco) has initially cornered prospective offers of 3,310 megawatts from six (6) interested bidders on its scheduled competitive selection process (CSP) for capacity procurement of 1,800MW that will satiate its additional supply portfolio for 2024 and...
The Manila Electric Co. (Meralco) said that the power prices in the country coincide with the real electricity costs, and that their rates are fair and reasonable to its service quality. Meralco issued the statement to clarify the recent statements made by ACT-Teachers Representative France Castro,...
The proposed splitting of the Manila Electric Company's (Meralco) supposedly expansive franchise is in order, according to Laguna 1st district Rep. Ann Matibag and ACT Teachers Party-list Rep. France Castro. Santa Rosa lone district Rep. Dan...
The 7.8 million customers of Manila Electric Company (Meralco) will need to cough up higher budget in their electric bills this month, as the company’s overall pass-on tariff went up by P0.2347 per kilowatt hour (kWh) to P12.0545 per kWh from P11.8198 per kWh in the October billing cycle. For...
Power utility giant Manila Electric Company (Meralco) is preparing to deploy at least 300 generator sets (gensets) to avert blackouts or power interruption scenarios that could mar the conduct of the Barangay and Sangguniang Kabataan Elections (BSKE) by the end of this month. On top of that,...
The industrial sector has started showing signs of prospective rebound as the drop on energy sales had already narrowed down to 1.0%, power utility giant Manila Electric Company (Meralco) has noted. Sales to manufacturing facilities and key industries, the power firm said, hovered at 10,570...
In a scathing privilege speech, Santa Rosa City lone district Rep. Dan Fernandez has accused power distribution giant Manila Electric Company (Meralco) of overcharging its 7.6 million customers for the past nine years. Fernandez claimed that Meralco has been...
Power utility giant Manila Electric Company (Meralco) is scheduled to a sign a ‘nuclear cooperation agreement’ with US firm Ultra Safe Nuclear Corp for the targeted installation of a micro modular reactor (MMR) demonstration project in the Philippines. Meralco Executive Vice President and Chief...
MGen Renewable Energy Inc. (MGreen), the renewable energy investment arm of Manila Electric Company (Meralco) ,will be queueing up to P200 billion worth of investments for the gigantic 3,500-megawatt solar farm development that shall be integrated with 4,000-megawatt hours (MWh) of energy storage...
Buoyed by the strong financial showing of its power generation business portfolio, the consolidated core net income of power utility giant Manila Electric Company (Meralco) had surged 53-percent to P30.023 billion in this year’s nine-month period versus P19.605 billion within a comparative period...
