Retail electricity supplier Rockport Power Inc. is expanding its operations through new partnerships with major distribution utilities and electric cooperatives to help commercial and industrial consumers manage their power costs. In a statement, Rockport Power said the company has secured...
Electricity consumers are set to break away from traditional utility monopolies next week, as regulators lower the threshold for market contestability to let households and small businesses choose their own power suppliers. Starting June 26, the Energy Regulatory Commission (ERC) will reduce the...
Ayala-led renewable energy (RE) firm ACEN Corp. remains the largest retail electricity supplier (RES) in the market, having taken over the majority of the franchise area of Manila Electric Co. (Meralco). According to Philippine Electricity Market Corp. (PEMC), ACEN’s RES arm captured 71 percent...
The government should address persistent competition barriers in the retail electricity market to widen consumers’ ability to purchase power from their preferred suppliers, according to the antitrust watchdog Philippine Competition Commission (PCC). In a statement on Monday, April 6, the PCC said...