January 10, 2025

BIR confirms power grid paying franchise tax religiously —NGCP

By Malaya Business Insight – January 9, 2025 The National Grid Corporation of the Philippines (NGCP) said the Bureau of Internal Revenue (BIR) has confirmed the grid operator religiously pays the 3-percent franchise tax mandated by law. NGCP in a […]
January 10, 2025

MSpectrum installs solar panels at Cavite water utility

By Sheldeen Joy Talavera – January 9, 2025 | 12:04 am from Business World MSPECTRUM.COM.PH MSPECTRUM, Inc., a wholly owned solar subsidiary of Manila Electric Co. (Meralco), has energized a 33-kilowatt-peak (kWp) solar rooftop facility to power the water pumps […]
January 10, 2025

DOE: Dimalanta suspension causes pricing delay, hampering CBK privatization

By Gabriell Christel Galang – Jan 9, 2025 02:28 PM from Manila Bulletin The Department of Energy (DOE) said that delays in the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant are due to setbacks in establishing the Price Determination […]
January 9, 2025

Meralco forecasts lower January bills due to improved supply

By Gabriell Christel Galang – Jan 9, 2025 01:00 PM from Manila Bulletin Manila Electric Company (Meralco) customers can breathe a sigh of relief as the power retailer forecasted lower electricity rates for January, citing improved supply conditions and lower […]