As the dry season ramps up and midterm elections loom, customers are bracing for a sharper sting in their electricity bills. The Manila Electric Company..
Tag Archives: WESM
Citicore Renewable Energy Corporation (CREC) has reported a remarkable 40% increase in revenue for 2024, reaching PHP 5.1 billion, up from PHP 3.7 billion the..
The National Electrification Administration (NEA) Administrator Antonio Mariano Almeda hailed the positive impact of the Independent Electricity Market Operator of the Philippines (IEMOP) on rural..
Aboitiz Power Corp. and its partners have earmarked Php 78.1 billion in capital expenditures for 2025, with 66% dedicated to renewable energy projects. The investment..
System average prices at the Wholesale Electricity Spot Market (WESM) declined by 7.8% in February, settling at P2.73 per kilowatt-hour (kWh), the lowest level since..
Electricity rates are set to increase this February, with Manila Electric Company (Meralco) announcing an upward adjustment of P0.2834 per kilowatt-hour (kWh). This brings the..
In a welcomed relief for consumers, the Manila Electric Company (Meralco) has lowered electricity rates this January by P0.2189 per kilowatt-hour (kWh). This means that..
Electricity rates will increase starting January 2025 after the Energy Regulatory Commission (ERC) approves the collection of Php 3.05 billion from households. Philippine Star reported..
Wholesale Electricity Spot Market (WESM) prices increased slightly in November as tighter supply-demand margins drove rates higher, the Independent Electricity Market Operator of the Philippines..
The Office of the Ombudsman has issued a six-month preventive suspension order against Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta for allowing Manila Electric Company..