MERALCO 1Q net income down 11%
- April 27, 2021
The Manila Electric Company (MERALCO) reported a 10.7% drop in its consolidated core net income to Php5.72 billion in the first quarter of 2021 from Php5.11 billion in the same period in...
The Manila Electric Company (MERALCO) reported a 10.7% drop in its consolidated core net income to Php5.72 billion in the first quarter of 2021 from Php5.11 billion in the same period in...
The Department of Energy (DOE) called on renewable energy (RE) players to start putting up new power plants in two years to meet the requirements of power distributors to source a percentage...
The Manila Electric Company (MERALCO) is extending its no-disconnection policy until April 30 following the government’s decision to place Metro Manila and neighboring provinces under modified enhanced community quarantine (MECQ). MERALCO’s franchise...
Customers of the Manila Electric Company (MERALCO) should indeed expect an increase in electricity bills for April as a result of higher rates in the Wholesale Electricity Spot Market (WESM), which in...
Sen. Sherwin Gatchalian urged the Manila Electric Company (MERALCO) and the Energy Regulatory Commission (ERC) to conduct proper onsite electric meter reading during the re-imposed enhanced community quarantine (ECQ) to prevent another...
MERALCO PowerGen Corporation (MGen), the power generating arm of the Manila Electric Company (MERALCO), plans to develop more floating solar plants in the Laguna De Bay. According to a report from The...
The Manila Electric Company (MERALCO) is expecting a higher generation charge in April, as power demand is expected to spike with the onset of summer. “Based on early, initial projections, there may...
The Manila Electric Company (MERALCO) said on Saturday that it is immediately suspending all disconnection activities in its franchise area until April 15 following the government’s reimposition of the enhanced community quarantine...
The Manila Electric Company (MERALCO) and two power firms under San Miguel Corporation are seeking approval from the Energy Regulatory Commission (ERC) for the implementation of their power supply agreements (PSAs). Based...
After extending its no-disconnection policy for over ten months, the Manila Electric Company (MERALCO) announced it will start issuing disconnection notices to customers in the low-income group whose bills are unpaid and...