The household budgets of customers served by power utility giant Manila Electric Company (Meralco) will be stretched thin this February, because the all-inclusive electricity rate to be passed on by the giant utility firm is anticipated to increase in this billing cycle. According to Meralco Vice...
There had been downtrend in overall electricity tariffs for traded capacities in the Wholesale Electricity Spot Market (WESM), and that had been attributed partly by the Energy Regulatory Commission (ERC) to the entry of new capacities from the renewable energy (RE) sector. “It appears that the...
(Unsplash) Demonizing the country’s power sector will lead to more problems than solutions. Senior Citizen Party-list Rep. Rodolfo "Ompong" Ordanes offered this take Friday, Jan. 26 even as he asked the government focus its efforts on addressing Filipinos...
The commercial operations of the ancillary services (AS) market will guarantee the full procurement of power reserves needed by system operator National Grid Corporation of the Philippines (NGCP) in efficiently running the country’s electricity system. After more than a decade of planning, policy...
The government should hold accountable generating companies (Gencos) that are unable to provide a stable supply of electricity, Sen. Sherwin Gatchalian said. Gatchalian said these Gencos should be held accountable for power outages that result in great economic losses to their clients....
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) A ranking congressman is prodding local government unit (LGU) heads to help beef up participation in the Lifeline Rate program for the benefit of low-income consumers who find it a struggle...
An increase of P0.0846 per kilowatt hour (kWh) in the January billing cycle of Manila Electric Company (Meralco) will bring slight squeeze in the pockets of its roughly 8.0 million customers in the initial month of this year. The power utility firm announced that its tariff will climb to P11.3430...
The Energy Regulatory Commission (ERC) continues to observe the charges made by generation companies (GenCos) collected from consumers by distribution utilities (DU). The ERC said that this year's generation rates showed stability, but noticed an imbalance between the global coal price reduction...
Senator Sherwin Gatchalian has called on businesses and residential owners to exercise prudence in using electricity especially during the holiday season as the country experiences a surge in electricity usage. Gatchalian made the call as the country observes the National Energy...
President Marcos has called on Filipinos anew to be mindful of their electricity consumption. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) "As we pursue the path of sustainable development, it is important that we develop a keen awareness of our energy consumption,”...
State-run Philippine National Oil Company (PNOC) is engaging into a new business niche by positioning as retail electricity supplier (RES), primarily to satiate the power supply requirements of the government agencies nationwide. In an interview, PNOC President and CEO Oliver B. Butalid indicated...
The higher availability and dispatch of generated capacities from power plants have been softening prices in the Wholesale Electricity Spot Market (WESM) – and if the trend will be sustained, that could redound as reduction in the January electric bills of consumers. According to the Independent...
