May 19, 2020

ERC to Meralco: Explain power bill computation

By Lenie Lectura – May 19, 2020 from Business World The Energy Regulatory Commission (ERC) has asked the Manila Electric Co. (Meralco) to explain how it computed electricity bills for March to April this year, following mounting complaints from subscribers. […]
May 19, 2020

Quarantine grace periods weaken power firms’ finances as demand picks up

May 17, 2020 | 9:39 pm from Business World PIXABAY / JOHANNES PLENIO   THE quarantine grace periods on electricity bills have weakened the power industry’s finances even with power demand surging in the residential segment and as usage normalizes […]
May 18, 2020

DOE insists on FGen’s original LNG project completion

By Myrna M. Velasco – May 17, 2020, 10:00 PM from Manila Bulletin The First Gen Corporation (FGen) has been urged to fast-track its floating storage regasification unit (FSRU) and complete it within the term of the Duterte administration. Energy […]
May 18, 2020

SPC Power declares ₱598-M cash dividend

By Myrna M. Velasco – Updated May 16, 2020, 7:37 PM from Manila Bulletin Listed firm SPC Power Corporation had declared cash dividends to shareholders amounting to ₱0.40 per share or a total of ₱598.6 million, out of the net […]