Senator Sherwin Gatchalian called out the Energy Regulatory Commission (ERC) for “failing to efficiently regulate the distribution utilities and ensure affordable electricity rates for consumers.” ..
Tag Archives: Wholesale Electricity Spot Market
The Manila Electric Co. (MERALCO) has announced a Php 0.5453 per kilowatt-hour increase in its electricity rates for the month of March, bringing its overall..
Ayala-led ACEN Corporation has recorded a Php 13.1 billion net income in 2022, a massive jump from the Php 5.3 billion profit made in the..
The Manila Electric Co. (MERALCO) will be implementing a staggered increase in its generation charges in the next two months to cushion its impact on..
Updated (March 7) – Customers within the Manila Electric Co. (MERALCO) franchise area can expect an increase in the March billing following forecasts of higher..
Updated (March 7) – GNPower Dinginin Ltd. Co. (GNPD), a joint venture of Aboitiz Power Corp. and the Ayala group, is supplying 300 megawatta (MW)..
The Energy Regulatory Commission (ERC) is reviewing the appeal of generation companies (gencos) on the possibility of an increase in the secondary price cap (SPC)..
The Manila Electric Co. (MERALCO) has announced a Php 0.0106 per kilowatt-hour (kWh) decrease in its February electricity bills, bringing the overall rate down to..
The scheduled Malampaya gas repricing of the contracted power capacity being delivered to the Manila Electric Co. (MERALCO) may temper its projected increase in electricity..
After many delays, the Wholesale Electricity Spot Market (WESM) in Mindanao finally commenced commercial operations on Thursday. According to the Independent Electricity Market Operator Philippines..
