Filipino consumers will need to tighten their belts further, as the next burden in their budgets could be uptick in electric bills, primarily those under the Meralco franchise area. Based on initial estimates, Meralco Vice President Joe Zaldarriaga indicated that the generation charge component of...
The Pasay City government announced on Tuesday, May 17, that several areas in the city will experience power service interruption on May 18 and 19 due to line maintenance, reconstruction works, and the retirement of facilities by Meralco. The Meralco will conduct line maintenance on May 18 along H....
The overall tariff to be passed on by Manila Electric Company (Meralco) in this May billing had been reduced by P0.12 per kilowatt hour (kWh), a reverse from the earlier projection of a rate hike, to reflect the P7.8-billion consumer refund ordered by the Energy Regulatory Commission (ERC)...
Widespread incidents of power interruptions in roughly 1,500 barangays nationwide plagued voting proceedings during the synchronized national and local elections on Monday, May 9. The National Electrification Administration (NEA), in particular, reported that about 1,456 barangays temporarily lost...
Re-electionist Senator Sherwin Gatchalian has lauded the Energy Regulatory Commission (ERC) and the Manila Electric Company (Meralco) for refunding the excess electricity bill collections saying it is a welcome relief for power consumers amid the rising cost of goods and basic services. The ERC had...
Meralco PowerGen Corporation, a power generation subsidiary of Manila Electric Company (Meralco), will be tapping foreign partners for targeted investments in offshore wind farm installations. “We are very interested in offshore wind. These are huge investments, there are huge tracts of offshore...
The Philippine Independent Power Producers Association Inc. (PIPPA), an organization of the country’s energy generation companies (GenCos), has been prodding for the contracting of sufficient power reserves to guarantee reliability of power, especially during the election period. The appeal of...
Power utility giant Manila Electric Company (Meralco) will be undertaking fresh round of competitive selection process (CSP) to auction power supply agreements (PSAs) covering 1,100 megawatts for its baseload and mid-merit power requirements. Atty. Jose Ronald Valles, first vice president and...
Power utility giant Manila Electric Company (Meralco) will be investing P19.2 billion in the next four years for the rollout of "intelligent meters" or advanced metering infrastructure (AMI) for customers within its franchise area in Metro Manila and neighboring provinces. Atty Jose Ronald V....
On account of energy sales uptrend topping 6 percent, the consolidated core net income of Manila Electric Company (Meralco) improved by 10 percent to P5.624 billion in the first quarter this year versus P5.113 billion in the same period in 2021. In a briefing with reporters, Meralco Chief Finance...
The Energy Regulatory Commission (ERC) is scheduling next month the public hearings on the power supply agreement (PSA) of Manila Electric Company (Meralco) and South Premiere Power Corporation (SPPC) of the San Miguel group for the former's supplemental 170-megawatt power supply, especially for...
Photo from PBA Meralco was left to deal with the hard reality of having to settle for another runner-up trophy following its latest defeat to Barangay Ginebra San Miguel in the PBA Governors’ Cup Finals. Almost all Meralco players came to center court and received the consolation prize from PBA...
