As weather temperature rises, so as the electric bills that consumers will be paying with initial estimates that the rates of giant power utility firm Manila Electric Company (Meralco) will be going up in April billing. According to Meralco Vice President and Spokesperson Joe Zaldarriaga, “based...
The customers of Manila Electric Company (Meralco) who will be locked up in their homes because of the re-imposition of enhanced community quarantine (ECQ) during the Holy Week will not need to worry about probable service cut-off, because the utility firm has extended its ‘no disconnection’...
Power utility giant Manila Electric Company (Meralco) and the two subsidiary-firms of conglomerate San Miguel Corporation (SMC) have jointly filed applications with the Energy Regulatory Commission (ERC) for the approval of power supply agreements (PSAs) on 1,800 megawatts of power capacity that...
Meralco rookie Alvin Pasaol, center, signs on a two-year contract in the presence of team manager Paolo Trillo and agent Marvin Espiritu at the Meralco Gym in Ortigas. (Photo from Marvin Espiritu) Meralco officially signed forward Alvin Pasaol to a two-year rookie contract Thursday, March 25,...
To avoid the chaotic billing procedures last year, power utility giant Manila Electric Company (Meralco) indicated that it will carry on with the deployment of meter readers within its service areas in Metro Manila and neighboring provinces, so its customers can be billed based on their actual...
Photo from ABL Meralco signed Jason Brickman to play for its PBA 3x3 team after he was listed as ineligible in the recent Rookie Draft due to incomplete documents. The Bolts made the announcement Friday, March 19, allowing Brickman to use the competition as preparation for his eventual PBA entry...
The Energy Regulatory Commission (ERC) is soliciting inputs from industry stakeholders on the targeted modification of the tariff-setting scheme that will be enforced to power distribution utilities on the rates that they will pass on to consumers. The regulatory body is currently reviewing the...
Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company (Meralco) will be pursuing a rebranding of its 50-megawatt PowerSource First Bulacan Solar Inc. (PFBS) project that is due on commercial stream this year. “Our first solar project, this is the...
With roughly four million of Filipinos out of work, compounded by the incessantly rising prices of basic commodities, Filipino consumers are indeed in a dizzying ride for survival through the economic mare’s nest stirred up by the COVID-19 pandemic. There’s still one item in the monthly...
The 7.1 million customers of Manila Electric Company (Meralco) will experience cost relief in their pockets this month -- with the calculated tariff reduction of P0.3598 per kilowatt hour (kWh), primarily for residential consumers in the utility firm’s March billings. According to the company,...
Power utility giant Manila Electric Company (Meralco) has spent its P20.8 billion worth of capital expenditure (capex) undertakings last year with the completion of electric and non-electric projects. According to Meralco, the firm’s capital spending last year was higher by 3.0-percent versus...
Power utility giant Manila Electric Company (Meralco) has set P1.8 billion provision for ‘bad debts’ or ‘credit loss’ because of the extended ‘no disconnection’ policy being enforced by the government for consumers that have unpaid bills. “Given that there is an extension on the...
