The Caloocan City government has issued Executive Order No. 007-26, directing all city offices to implement measures aimed at conserving fuel and electricity. According to the city’s Public Information Office, the order was signed by Mayor Dale Gonzalo “Along” Malapitan, adopts the provisions...
ILOILO CITY – Almost 150,000 poor families in Western Visayas region can avail of free electricity under the Lifeline Rate Subsidy Program (LRSP). Under the LRSP, families consuming 50 kilowatt hours (kWh) or less per month are entitled to 100 percent free electricity. The Department of Energy...
President Marcos said a stable electricity supply is essential to productivity and economic opportunity, as he positioned the Caliraya-Botocan-Kalayaan (CBK) hydroelectric complex as a key stabilizer of the Luzon power grid. During the project’s turnover ceremony in Laguna on Monday, Feb. 9, the...
Senator Francis “Chiz” Escudero said on Thursday, January 8 that electricity sales should be exempt from the 12-percent value-added tax (VAT). Escudero made the remark as he acknowledged Executive Secretary Ralph Recto’s recent statement cautioning against proposals to revert the expanded VAT...
Consumers may see an increase in their electricity bills this month after prices on the Wholesale Electricity Spot Market (WESM) surged following recent earthquakes and inclement weather. The Independent Electricity Market Operator of the Philippines (IEMOP) reported on Thursday, Nov. 6, that...
Senator Sherwin Gatchalian has filed a bill that seeks to abolish the collection of bill deposits by distribution utilities (DUs) and electric cooperatives (ECs) in a bid to alleviate the burden of residential power consumers reeling from high electricity rates. In filing Senate Bill No. 1470 or...
Filipino households can breathe a sigh of relief as Manila Electric Co. (Meralco) announced a reduction in electricity bills, providing a much-needed break from the consecutive price hikes of recent months.
In a briefing on Wednesday, Sept. 10, Joe Zaldarriaga, Meralco Vice President and Head of...
The Philippine Electricity Market Corporation (PEMC) said that the power grid in country has significantly stabilized a year after the Reserve Market’s return, with red and yellow alerts now a rarity. In a statement on Thursday, Sept. 4, PEMC reported that red and yellow alerts have been reduced...
Unplanned and scheduled power plant shutdowns caused a significant spike in prices on the Wholesale Electricity Spot Market (WESM) in August, according to the Independent Electricity Market Operator of the Philippines (IEMOP). In a briefing on Wednesday, Sept. 3, IEMOP reported that the average...
Power distributor Manila Electric Co. (Meralco) announced on Tuesday, Aug. 12, an increase in electricity rates this month, primarily due to higher pass-through charges and a weakened local currency. According to Meralco, the overall rate for a typical household is now ₱13.2703 per kilowatt per...
'Tis the season for planned and unexpected power plant outages, as the Independent Electricity Market Operator of the Philippines (IEMOP) reported a three-percent spike in the system average price of the Wholesale Electricity Spot Market (WESM). In a briefing on Wednesday, Aug. 6, IEMOP head...
Yuchengco-led PetroGreen Energy Corp. (PGEC) is set to commence commercial operations at its San Jose Solar Power Plant (SJSPP) in Nueva Ecija on Aug. 1, following approvals from the Energy Regulatory Commission (ERC) and the Independent Electricity Market Operator of the Philippines (IEMOP). PGEC...
