The Manila Electric Co. (MERALCO) has inked 100 megawatts (MW) of solar power to diversify their power supply and bring down electricity rates in their areas. The company has signed contracts for...
The Manila Electric Co.’s (Meralco) power rates ranked third highest rate in Asia, fourth in Asia Pacific and 16th worldwide this year on the back of power generation cost reduction over a...
The Energy Regulatory Commission (ERC) has put on hold its decision on the power supply agreements (PSAs) of the Manila Electric Co. (Meralco) with Mariveles Power Generation Corp. (MPGC) and Global Luzon...
Electricity rates may rise in the succeeding billing periods due to the weakening peso and higher coal prices, the Manila Electric Co. (MERALCO) said. Two factors may place Meralco’s generation costs under...
Manila Electric Co. (Meralco) said it will maintain its P19-billion income guidance for the year despite a slower second half due to the absence of warmer temperatures. “[The second half] will not...
Meralco customers can expect lower rates this month with a reduction of P0.0451 per kilowatt-hour (kWh) in overall rates, amounting to P8.46 per kWh this month, compared to last year’s P8.55 per...
The Manila Electric Company (Meralco) is currently negotiating with power producers in establishing a 300-megawatt supply agreement to cover mid-merit requirements. “I think for our baseload, we are sort of already contracted....
The Manila Electric Co. (MERALCO)’s liquefied natural gas entry in the power sector and its project in partnership with Osaka Gas Co. could be moved back to as far as 2020 while waiting...
Electric vehicle maker Tesla Motors Inc. is exploring the possibility of investing in the Philippines’ batter storage space, a Manila Electric Company (Meralco) official said. Meralco Senior Vice President Alfredo Panlilio told...
The Manila Electric Co. (Meralco) is set to launch its P382.86 million upgraded distribution system to be incorporated into its decade-long Smart Grid program to begin next year. The project, approved by...
