The Manila Electric Company (MERALCO) has announced a Php0.0798 per kilowatt-hour (kWh) increase in its electric billing for June due to price spikes in the Wholesale Electricity Spot Market (WESM). This translates...
Customers of the Manila Electric Company (MERALCO) should expect higher electric bills this June as price surges in the Wholesale Electricity Spot Market (WESM) last May will push up generation charges, the...
The Manila Electric Company (MERALCO) is planning to get 1,500 megawatts (MW) in renewable energy (RE) sources for its power needs in the next five years, as the power giant advances the...
The Manila Electric Company’s (MERALCO) power demand in its franchise area improved this April compared to the same period last year as the government boosts its COVID-19 vaccination efforts. MERALCO’s energy sales...
The remaining 858,834 million standard cubic feet of estimated reserves in the Malampaya gas field in Palawan will completely run out by the first quarter of 2027, according to Sen. Sherwin Gatchalian,...
The Manila Electric Company (MERALCO) said it will be “very considerate” and “compassionate,” as it resumes disconnection activities with the imposition of the general community quarantine (GCQ) with “heightened restrictions” in the NCR-plus...
AC Energy’s net income for the first quarter of the year went up by 53.7% to Php829.32 million from Php539.58 million restated figure in the same period last year. In its disclosure to...
PowerSource First Bulacan Solar, Inc. (PFBSI), a 60-40 joint venture between MGen Renewable Energy, Inc. (MGreen) and PowerSource Energy Holdings Corporation has officially started commercial operations of its 50-megawatt solar power plant in...
The Manila Electric Company (MERALCO) is increasing its power rates for May by Php0.1853 per kilowatt-hour (kWh) to Php8.4067/kWh from Php8.592/kWh in April or around by around Php37 for residential customers consuming...
The Department of Energy (DOE) endorsed 16 new power projects to the National Grid Corporation of the Philippines (NGCP) for system impact study in the first quarter. The Mariveles natural gas plant...
