Despite the President’s State of the Nation Address (SONA) promise of rate reductions, it seems the only thing “cutting” is the consumer’s wallet, as electric bills continue their relentless upward climb. Realistically, rate reduction is a battle consumers can’t seem to win. It’s like a...
Following recent comparisons by a rural power group and the National Electrification Administration (NEA), the Manila Electric Co. (Meralco) has defended its electricity rates, stating the utility aims to balance affordability with long-term power reliability. In a statement on Friday, Aug. 8, the...
To carry out necessary maintenance and upgrading works on various MERALCO distribution facilities, electric service will be temporarily interrupted on the following dates and places: MERALCO exerts all efforts to restore electric service as scheduled. However, there are instances when due to...
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has partnered with the Energy Regulatory Commission (ERC) and the Quezon City local government unit (LGU) to launch a joint initiative aimed at advancing the greater use of renewable energy (RE) sources in the metropolitan area....
Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) reported a 20 percent increase in net income for the first half of 2025, driven by improved financial and operational performance and strong contributions from its energy, water, and hospital businesses. During a financial briefing,...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) will source part of its power supply from biogas over a 20-year period as part of its renewable energy (RE) integration. In a statement on Monday, Aug. 4, Meralco said it has secured a power supply agreement (PSA) with First Quezon Biogas Corp....
To carry out necessary maintenance and upgrading works on various MERALCO distribution facilities, electric service will be temporarily interrupted on the following dates and places: MERALCO exerts all efforts to restore electric service as scheduled. However, there are instances when due to...
Manila Electric Co. (Meralco), the country’s largest electric distribution utility, has revised its energy sales growth forecast for the year due to economic concerns. “Typically, the growth in the DU (distribution utility) is close to the real growth of the GDP (gross domestic product)…These...
The long-awaited transfer of a Manila Electric Co. (Meralco) stake to San Miguel Corp. has quickly created new ripples in the local business scene, with tycoon Manuel V. Pangilinan’s group signaling its interest in acquiring those very shares. Pangilinan, who serves as Meralco’s chairman and...
Manila Electric Company (Meralco) is actively pursuing a joint venture to address power supply issues in Batangas, but a new contender has emerged, as another company is now vying for a partnership with Batangas II Electric Cooperative (Batelec II). Arnel Casanova, Meralco senior vice president and...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) increased its consolidated core net income (CCNI) by a tenth to ₱25.5 billion in the first half of 2025 on the back of the growth of its power generation business. During a media briefing on Monday, July 28, Meralco Senior Vice President and...
To carry out necessary maintenance and upgrading works on various Meralco distribution facilities, electric service will be temporarily interrupted on the following dates and places: Meralco exerts all efforts to restore electric service as scheduled. However, there are instances when due to...
