For the third time in just five months, the Wholesale Electricity Spot Market (WESM) has recorded negative electricity prices across all major Philippine grids—Luzon, Visayas,..
Tag Archives: Electricity Bills
The Energy Regulatory Commission (ERC) has finalized the National Grid Corporation of the Philippines’ (NGCP) Fourth Regulatory Period (4th RP) Rate Reset, approving a significant..
Filipino households will see higher electricity bills this April due to a sharp 16.05% surge in Ancillary Service (AS) charges, pushing transmission rates to their..
The Bangko Sentral ng Pilipinas (BSP) has projected that electricity rates will further increase, with around Php 15.77 billion in power generation costs potentially being..
Manila Electric Co. (MERALCO) is seeking the Energy Regulatory Commission’s (ERC) approval to recover nearly P8 billion worth of under-recoveries from 2020 to 2022. MERALCO..