The lower-than-reserve price offers in the competitive selection process (CSP) of the 1,800 megawatts power supply agreements (PSAs) for power utility giant Manila Electric Company (Meralco) will result in cheaper electricity rates for consumers, according to the Department of Energy. Energy...
The Energy Regulatory Commission (ERC) has approved P13.885 billion worth of refund to Manila Electric Company (Meralco) that will translate to rate reduction of P0.1528 per kilowatt hour (kWh) in their customers’ electricity bills by next month. (MANILA BULLETIN) As mandated by the regulatory...
The Department of Energy (DOE) is being urged to enforce stricter rules in the competitive selection process (CSP) for power supply agreements (PSAs) that are being auctioned by distribution utilities. The Department of Energy (DOE) is being urged to enforce stricter rules in the competitive...
Theirs is an exceptional story of a family-led conglomerate that had to rise from the rubble – not just once, twice or thrice but maybe even more – that’s because of the wretch of politics often infringing on their businesses, be it in the power sector or in their television network. Oscar M....
At least three bidders have been disqualified in the ongoing competitive selection process (CSP) of power utility giant Manila Electric Company (Meralco) for power supply agreements (PSAs) that will satiate 1,800 megawatts of its future power supply portfolio. According to industry sources, the...
The customers of Manila Electric Company (Meralco) can heave slight relief in their February billing, as the power utility firm’s overall rates will be down by P0.0704 per kilowatt hour (kwh) to P8.6703 from last month’s P8.7497 per kwh. For residential customers in the usage bandwidth of...
The Department of Energy (DOE) has officially directed power distribution utilities and electric cooperatives (ECs) on ‘extended no-disconnection policy’ for lifeline residential customers or those that have electricity consumption of 100 kilowatt-hours or less. In an advisory issued by the...
'NOTHING IS PERMANENT' - Baser Amer expresses gratitude to his former team Meralco after the Bolts traded him to Blackwater recently. (PBA Images) Baser Amer reflected on his five-year stint with the Meralco Bolts that ended when he was traded to the Blackwater Elite. The Bolts parted ways with...
(PBA Images) Mac Belo is thrilled with the prospect of playing in the games that matter now that he is part of the Meralco Bolts. The Bolts shore up their roster before the start of the PBA season by acquiring the versatile forward from the Blackwater Elite in exchange for playmaker Baser Amer and...
Meralco head coach Norman Black (MB File Photo) Meralco stressed that its three-player trade with Blackwater is a win-win situation for the two teams as they gear up for the upcoming 46th season of the PBA. This after the league trade committee headed by deputy commissioner Eric Castro...
Photo from PBA Images The PBA approved on Thursday, February 4, the Blackwater-Meralco trade which sends Mac Belo to the Bolts in exchange for Baser Amer with the addition of Bryan Faundo. The veteran forward Faundo was included in the package for the league's trade committee headed by deputy...
The Department of Energy (DOE) is giving its word that brownouts will not hamstring the anticipated COVID-19 vaccine rollouts in the coming months, so the country can finally sneak away from the reins of the pandemic. According to Energy Undersecretary Felix William B. Fuentebella, the department...
