Tag page - Power rate hike

Senator Risa Hontiveros on Tuesday, June 15 urged the Energy Regulatory Commission (ERC) to investigate Manila Electric Co.'s (Meralco) recent announcement of a power rate hike for June saying it “defies logic” even under the regime of deregulation. Hontiveros said the ERC must provide a...

Despite stifled demand because of the re-imposition of enhanced community quarantine (ECQ) in the so-called NCR plus bubble, prices in the Wholesale Electricity Spot Market (WESM) have been hitting record-spikes in recent trading days because of the combined impact of simultaneous power plant...