As Luzon awaits the landfall of Typhoon Ulysses, the National Electrification Administration (NEA) has pegged the damage to electric cooperatives brought by Super Typhoon Rolly at Php369.8 million as of November 9....
The liquefied natural gas (LNG) venture of tycoon Lucio Tan seeks to cater to the electricity needs of the Manila Electric Company (MERALCO), the country’s largest power distributor. Batangas Clean Energy, Inc.,...
The Manila Electric Company (MERALCO) is cutting power rates for its consumers by Php0.0395 per kilowatt hour (kWh) to Php8.5105/kWh effective today from Php8.55/kWh in October. The lower electricity rate comes as...
San Miguel Corporation (SMC) looks forward to build more liquified natural gas (LNG) power plants with a total capacity of over 5,000 megawatts (MW) in the coming years, its President and CEO Ramon...
The Energy Regulatory Commission (ERC) has ordered power distributors, including the Manila Electric Company (MERALCO), to extend the grace period for payments of regular power customers, or those consuming at least 201...
Nine power generation companies (gencos) are keen on joining the competitive auction for the 1,800-megawatt (MW) power requirements of the Manila Electric Company (MERALCO). In its financial and operating results for the first...
Seeing the need for the country to shift to a more flexible power supply mix, the Department of Energy (DOE) has imposed a moratorium on the construction of greenfield coal-fired power plants....
Residential sales volume or the consumption of electricity in residential areas of the Manila Electric Company’s (MERALCO) franchise area increased in the first nine months of 2020 due to work-from-home (WFH) arrangements...
The Manila Electric Company (MERALCO) reported a 38.6% decline in its net income in the first three quarters of 2020 compared to the same period last year. In a disclosure to the...
Typhoon Quinta has damaged an estimated Php1,112,499.72 worth of power facilities, according to the National Electrification Administration (NEA). The NEA also reported that 35 electric cooperatives were affected, 12 of which have...
