An affiliate of Global Business Power (GBP) has been commended for its compliance to wholesale electricity spot market (WESM) rules. In a statement, GBP said its subsidiary Panay Energy Development Corp. (PEDC)...
Oil prices will increase today with P0.90 per liter for gasoline and P0.55 per liter for diesel products due to bellwether Dubai crude hitting US$62 per barrel last week. Kerosene recorded an...
Senator Paolo “Bam” Aquino IV has called on the government to remove the value added tax (VAT) on electricity to help ease the concerns of power consumers from the high prices of...
The Department of Energy’s (DOE) recommendation to review the legislative franchises of at least 17 electric cooperatives was revoked due to alleged procedural lapses. The Philippine Rural Electric Cooperatives Association Inc. (PHILRECA)...
The Manila Electric Co. (Meralco) has announced an overall electricity rates increase to P10.4067 per kWh this month, after a reduction in electricity bills experienced by consumers last month. January’s electricity rates...
Electric cooperatives (ECs) in the country are opposing the Department of Energy’s (DOE) move to cancel the legislative-issued franchises of at least 17 ECs. The energy department confirmed the submission of the...
The Energy Regulatory Commission (ERC) projects an additional rate of at least P0.23 per kilowatt-hour (kwh) in electricity bills of Manila Electric Co. (Meralco) when its Advanced Metering Infrastructure (AMI) project will...
The Senate has passed on third and final reading the “Murang Kuryente” bill aiming to reduce electricity rates by utilizing part of the government’s P204-billion share from the Malampaya Fund to pay...
Department of Energy (DOE) Secretary Alfonso Cusi has issued a review of the compliance of power coops to the service requirements of their own franchises. The review will be done after the...
The city of Zamboanga may experience rolling brownouts and power outages as the city’s power supplier runs out of fuel. This was revealed in an open letter from Western Mindanao Power Corp....
