Manuel V. Pangilinan-led Manila Electric Company (Meralco) reported that the emergency power supply agreement (EPSA), which secures backup electricity for potential supply interruptions, is set to conclude in 2026. In a briefing, Jose Ronald Valles, Meralco senior vice president and head of...
Manila Electric Company (Meralco) reported a 22 percent increase in consolidated core net income (CCNI) for 2024. In a briefing on Monday, Feb. 24, Meralco said its CCNI rose to ₱45.1 billion from ₱37.11 billion in the previous year. According to Meralco, last year’s growth was driven by the...
From left, first row: Vice President and Chief Corporate Social Responsibility Officer, Jeffrey O. Tarayao; Senior Vice President and Chief Human Resources Officer, Edgardo V. Carasig; First Vice President and Head of Networks, Froilan J. Savet; Executive Vice President and Chief Operating Officer,...
ANIMAL WELFARE CHAMPIONS. Meralco Head of Advocacy Communications Management, Michelle Caguioa (right), accepted the prestigious Platinum Paw Award from PAWS Executive Director, Atty. Anna Cabrera (left), during PAWS’ Annual Thanksgiving Gathering where Meralco’s exceptional efforts in...
Manila Electric Co. (Meralco) customers can expect higher electricity bills this February as the power retailer announced a rate increase, driven primarily by higher generation charges. In a statement on Tuesday, Feb. 11, Meralco announced an increase of P0.2834 per kilowatt-hour (kWh) in the...
It’s survival of the fittest as the last two quarterfinals series in the PBA Season 49 Commissioner’s Cup go full length with a do-or-die Game 3 at the Ynares Center in Antipolo on Sunday, Feb. 9. EXPECT MERALCO to lean anew on Akil Mitchell after a triple-double explosion in Game 2. (PBA...
Meralco head coach Luigi Trillo was visibly furious during a stretch in the third frame when the Bolts were assessed with five straight fouls against none to the side of Ginebra. He received a technical foul for continuous complaining. Trillo played down the incident saying that emotions were...
By JADEN ALBERTO, Intern Jansen Rios rose to the occasion and became the hero that Meralco desperately needed in Game 2 of their PBA Commissioner's Cup quarterfinals series against Barangay Ginebra on Friday, Feb. 7. With streaky scorer Chris Banchero playing limited minutes due to foul...
RJ Abarrientos cried foul after being on a receiving end of death threats from a dummy account on Instagram following Barangay Ginebra’s close 108-104 loss to Meralco in Game 2 of their quarterfinals series in the PBA Season 49 Commissioner’s Cup at the Ninoy Aquino Stadium. Abarrientos posted...
Voting 18-1-0 Senate on Tuesday, February 4, approved on third and final reading House Bill 10926 which gives the Manila Electric Company (Meralco) a fresh 25-year franchise. Senator Joel Villanueva, the bill's sponsor, expressed his sincere appreciation to the Senate leadership led by Senate...
Philreca Party-list Rep. Presley de Jesus (left), Santa Rosa City lone district Rep. Dan Fernandez (PPAB) The Energy Regulatory Commission's (ERC) past "failure" to carry out a timely rate reset--which had been detrimental to...
Three Philippine power giants—Manila Electric Company (Meralco), Aboitiz Power Corporation (AboitizPower), and San Miguel Global Power Holdings Corporation (SMGP)—have strengthened their alliance with the recent financial close of a $3.3 billion (approximately ₱192.9 billion) deal. In...
