Customers of Manila Electric Company (Meralco) will need to shell out higher budget for their electric bills this month as the utility firm’s residential rate had gone up by P0.3256 per kilowatt hour (kWh) to P9.4630 per kWh from P9.1374 per kWh. According to Meralco, for residential consumers in...
Power utility giant Manila Electric Company (Meralco) will be contracting at least 1,500 megawatts of renewable energy (RE) capacity to form part of its supply portfolio that will be utilized in servicing its more than seven million customers. According to Meralco President and CEO Ray C. Espinosa,...
The Quezon City Disaster Risk Reduction and Management Council (QCDRRMC) announced that some areas in four barangays will experience scheduled power interruptions starting Wednesday, Nov. 10. The interruptions are due line maintenance works that will be conducted by Manila Electric Company...
Power utility giant Manila Electric Company (Meralco) is accelerating its rollout of more electric vehicles (EV) fleet as it targets to deploy 70 more vehicle in the months ahead. Via its Green Mobility Program, the company is building up its EV portfolio and it will be advancing that from its...
The Energy Regulatory Commission (ERC) reported that it already resolved more than 71,900 "bill shock" complaints that electricity end-users experienced at the height of the Covid-19 pandemic or around summertime last year. The ‘bill shock’ stemmed from relatively ‘high electric bills’...
Customer payments in the digital platform of power utility giant Manila Electric Company (Meralco) significantly climbed by 161 percent to P60.3 billion as of end-September this year, versus a leaner P50.6 billion in a comparable period. In particular, Bayad, which is the payment service arm of...
Power utility giant Manila Electric Company (Meralco) is the first private sector player in the country’s power industry to open its doors to nuclear power option – primarily the deployment of small modular reactors (SMRs) - as part of its long-term energy investment strategy. “We start...
Energy utility giant Manila Electric Company (Meralco) will carry out ‘emergency procurement’ of power capacity to ensure uninterrupted electricity service in next year’s election period. In a briefing with reporters, Atty Jose Ronald V. Valles, first vice president and regulatory head of...
Power utility giant Manila Electric Company (Meralco) will inject massive investments of P180 billion for ‘clean energy projects’ that will become the anchor to its long-term sustainability agenda and ‘net zero’ goals. Meralco President and CEO Ray C. Espinosa disclosed in a briefing with...
The core net income of power utility giant Manila Electric Company (Meralco) climbed by 15-percent to P18.062 billion in the nine-month period from P15.727 billion in the same period last year with the return of demand from the industrial sector. The company also reported that its net income surged...
Deputy Minority Leader and Bayan Muna Rep. Carlos Zarate has assailed anew the decision of power distributors to impose an increase in electricity rates this month, saying that the unabated adjustments will render useless government’s bid to attract investors. ELECTRIC METERS Zarate said that...
Gas will not flow yet from the Malampaya field, as the facility’s preventive maintenance shutdown has been extended for additional three days because of delayed repair works at its onshore platform’s flare tip. As sounded off by Manila Electric Company (Meralco), the naturally occurring...
