March 10, 2021

Aboitiz Power fell 27% to P12.6 billion in 2020

By Myrna M. Velasco – March 10, 2021, 5:00 AM from Manila Bulletin Owing it to the overall downtrend in demand last year, the core net income of listed firm Aboitiz Power Corporation dropped 27-percent last year to P12.6 billion […]
March 10, 2021

Meralco rate down by P0.3598/kWh in March billing

By Myrna M. Velasco – March 9, 2021, 1:16 PM from Manila Bulletin The 7.1 million customers of Manila Electric Company (Meralco) will experience cost relief in their pockets this month — with the calculated tariff reduction of P0.3598 per […]
March 10, 2021

Meralco announces second straight month of electricity cost reduction

By Alena Mae S. Flores – March 09, 2021 at 07:55 pm from manilastandard.net Manila Electric Co. said Tuesday consumers will enjoy lower power rates in March on lower generation cost and bill refund authorized by the Energy Regulatory Commission. […]
March 10, 2021

ACEN’s net profit jumps to P3.86b

By Alena Mae S. Flores – March 09, 2021 at 07:40 pm from manilastandard.net AC Energy Corp. said Tuesday net income surged to P3.869 billion in 2020 from P132.873 million in 2019. ACEN said in a disclosure to the stock […]