The ‘curse’ of strained electricity supply mainly precipitated by simultaneous plant outages will continue to haunt electricity consumers -- as the overall rate of Manila Electric Company (Meralco) is anticipated to rise again this month. According to Meralco Vice President Joe Zaldarriaga,...
The Philippine Electricity Market Corporation (PEMC), which is the governance body overseeing the Wholesale Electricity Spot Market (PEMC), has been ordered to defer the collection of at least P0.20 per kilowatt hour (kWh) adjustment on its net settlement surplus (NSS) charges. The ruling, which...
Meralco recently commissioned a new 83 MVA transformer bank no. 2 in its Light Industry and Science Park (LISP) 115 kV – 34.5 kV Substation located along South Street, Cabuyao, Laguna. This additional transformer bank will provide the additional capacity needed to serve the new load requirements...
Electricity demand surge ushered in by the country’s bit-by-bit economic reopening is now wrestling with available supply – especially for Luzon grid – but news of greenfield power plant developments are still not up to expectations. The main power grid can still count on new plants coming...
Senator Risa Hontiveros on Tuesday, June 15 urged the Energy Regulatory Commission (ERC) to investigate Manila Electric Co.'s (Meralco) recent announcement of a power rate hike for June saying it “defies logic” even under the regime of deregulation. Hontiveros said the ERC must provide a...
Meralco recently commissioned its new 50 MVA transformer bank no. 2 in its Pulilan 69 kV – 13.8 kV Substation located along the Plaridel-Pulilan Diversion Road, Pulilan, Bulacan, providing additional capacity to its existing 33 MVA transformer bank. Likewise, this project provides switching...
Distribution utilities (DUs) as well as retail buyers of electricity can soon opt for demand-side bidding at a price that they prefer once that is introduced as a new trading mechanism in the Wholesale Electricity Spot Market. According to Julius Bunyi, manager for Corporate Strategy and Program...
Customers of Manila Electric Company (Meralco) will have to burden additional P0.0798 per kilowatt hour (kWh) in their June electric bills, and that’s driven mainly by higher charges for supply procured from the Wholesale Electricity Spot Market. For those in the 200-kWh consumption base, the...
The Department of Energy (DOE) on Thursday assured it is investigating if there is indeed possible collusion among power distribution firms to ascertain if this is the cause of the recent rotational brownouts that occurred in Luzon. DOE chief Alfonso Cusi told the Senate Energy Committee the agency...
The Manila Electric Company (Meralco) on Wednesday, June 9, assured that it has adequate power supply to meet the demand of its customers despite the recent rotating brownouts due to power plant outages. (MANILA BULLETIN File Photo) Meralco spokesperson Joe Zaldarriaga said that the giant power...
In its continuing support to the Government and Private Sector’s fight against COVID-19, Meralco energizes a new COVID-19 treatment facility located at the Quirino Grandstand, Independence Road, Ermita, Manila. The project involves the installation of ten (10) concrete poles, nine (9) spans of...
The Department of Energy (DOE) has notified Manila Electric Company (Meralco) for the utility firm to explain the ‘pricing justification’ of its interim power supply agreement (IPSA) for up to 260-megawatt emergency procurement of power capacity from the Masinloc coal-fired plant. According to...
