The Department of Social Welfare and Development (DSWD) on Wednesday, Sept. 6 said the decision to postpone the full implementation of the new lifeline rate program until January 2024 will enable the enrollment of more Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries. The full rollout of the...
Senate Deputy Minority Leader Senator Risa Hontiveros on Monday, August 14 said the Energy Regulatory Commission (ERC) should look into the National Grid Corporation of the Philippines’ (NGCP) account books and check whether it is correct to impose only a three percent franchise tax from the...
Senator Sherwin Gatchalian on Friday, August 11, commended the Energy Regulatory Commission’s (ERC) decision to suspend the National Grid Corporation of the Philippines (NGCP) inclusion of a three percent (3%) franchise tax in its transmission costs billed to distribution utilities. Sen....
Cooler temperatures in the past weeks have dampened overall electricity demand benefitting customers of Manila Electric Company (Meralco) with P0.2908 per kilowatt hour (kWh) rate reduction in their August bills. Relative to the rate downtrend, the utility firm said that residential end-users in...
The Marcos Administration will roll out next month the Lifeline Rate program, which aims to benefit qualified low-income households to help them pay their electricity bills, the Presidential Communications Office (PCO) said. Meralco The Lifeline Rate is a subsidized rate given to...
More than 7.7 million customers of Manila Electric Company (Meralco) will likely experience relief in their power bills this August, as the utility firm is anticipating downtrend in its overall rate in this billing cycle. “While we have yet to receive the final billings from our suppliers, we...
Energy Secretary Raphael P.M. Lotilla is not pleased with the ‘low regulatory ranking’ of the Philippine power industry, pulled down by enforcement of rules and regulations and administrative hurdles that handicapped improvements in the overall performance of the Energy Regulatory Commission...
ILOILO CITY – Power rates in this city have dropped for the seventh straight month. MORE Electric and Power Corp. (MORE Power) announced a decrease of P0.2410 per kilowatt-hour (kWh) for billings this month to P11.4173/kWh from P11.6583 per kWh in June. “This achievement is a testament to the...
Cooler temperatures have been significantly driving down prices in the Wholesale Electricity Spot Market (WESM). WESM operator Independent Electricity Market Operator of the Philippines (IEMOP) primarily indicated that there was a “notable decline in electricity spot prices in the Luzon and...
Senator Risa Hontiveros on Tuesday, July 11 said the power rate reduction that the Manila Electric Co. (Meralco) announced for the month of July is only minimal and temporary. The senator pointed out the decrease in electricity charges is bound to happen considering that the price of imported coal...
More than seven million customers of power utility giant Manila Electric Company (Meralco) will feel relief in their pockets this month, as the tariffs pass-on of the company is highly anticipated to go down in the July billing cycle. According to Meralco Vice President and Head of Corporate...
Big power consumers, such as commercial and industrial facilities and distribution companies, can experience lower charges from the National Grid Corporation of the Philippines by efficiently adjusting their energy usage away from the peak demand period in a given day. Technically termed as...
