Meralco veteran Reynel Hugnatan (PBA Images) Coming off a steady performance in the PBA bubble, Reynel Hugnatan received a reward in the form of a contract extension in Meralco. Team manager Paolo Trillo said the 42-year-old Hugnatan and the Bolts reached an internal agreement on Monday but...
Meralco big man Jammer Jamito goes for a shot against San Miguel players in the quarterfinals of the PBA Philippine Cup. (PBA Images) Meralco coach Norman Black is excited to have big men Nonoy Baclao and Jammer Jamito back for the 46th PBA season which is being eyed to start in April. Baclao...
The Energy Regulatory Commission (ERC) has tapped mid-tier accounting and advisory firm Roxas Cruz Tagle and Co., a member company of BDO International Ltd., to be its third party consultant in the audit of refunds carried out by power utility giant Manila Electric Company....
Meralco rookie Aaron Black could end up making history is he wins the Outstanding Rookie award on Jan. 17. (PBA Images) Meralco’s Aaron Black could make history if he ends up being named the Outstanding Rookie in the PBA Awards Night that will be held virtually on Jan. 17. Black will become the...
Customers of Manila Electric Company (Meralco) will need to pay additional P0.2744 per kilowatt hour (kwh) in their electric bills this month, as the overall tariff of the utility firm had increased to P8.7497 per kwh this January from last month’s P8.4753 per kwh. For typical residential...
Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company, has acquired 20-percent of the shareholdings held by its Singaporean firm-partner Sunseap in the 50-megawatt PowerSource First Bulacan Solar Inc. (PFBSI) project. With the equity purchase, MGen has...
Power utility giant Manila Electric Company (Meralco) is anticipating probable increase in power rates to be passed on to its customers in the January bills. The power firm said there had been lower demand in Luzon grid within December supply month, hence, the fixed cost component in the...
Power utility giant Manila Electric Company (Meralco) had been ordered to refund P1.4 billion worth of over-collections on pass-through charges relating to transmission rate; lifeline subsidy rate and senior citizen subsidy rate. Nevertheless, the customers of the utility firm will not fully enjoy...
The Barangay Ginebra Gin Kings celebrate their championship with the Jun Bernardino Perpetual Trophy at the AUF Arena last Dec. 9. (PBA Images) The road to the crowning of the PBA Philippine Cup champion looked more of a journey than a destination as the pro league endured rough roads in order to...
Meralco PowerGen Corporation (MGEN), a power generation investment subsidiary of Manila Electric Company (Meralco) has acquired 86-percent shareholdings of affiliate firm Global Business Power Corporation (GBP) for P34.466 billion. The stake acquisition by MGEN was carried out through the transfer...
Customers of Manila Electric Company (Meralco) will gain slight relief on their wallets and paychecks this month because the pass-on rate of the utility firm will go down by P0.0352 per kilowatt hour (kWh) in its December billing. That will be a downtrend in the overall tariff of the company to...
Customers of Manila Electric Company (Meralco) will not need to be anxious on their December electricity bills, as initial forecast point to “flattish rate” or there could be very slight cost movement in the overall tariff. “Initial data suggests that generation costs for December will be...
