May 10, 2023

Spikes in WESM prices to hike Meralco rates this May

BY MYRNA M. VELASCO – May 9, 2023 02:10 PM from Manila Bulletin AT A GLANCE The stretch of the summer months will torture consumers not just with rate hikes, but also tightrope walk on power supply that could descend […]
May 1, 2023

ERC issues preliminary rates for RE auction

By Alena Mae S. Flores – April 30, 2023, 7:05 pm from manilastandar.net The Energy Regulatory Commission released over the weekend the preliminary Green Energy Auction Reserve prices for the second round of the Green Energy Auction Program that will […]
April 27, 2023

Meralco seeks to recover P7.98b from customers over 12 months

By Alena Mae S. Flores – April 26, 2023, 7:45 pm from manilastandard.net Power retailer Manila Electric Co. is seeking to recover P7.98 billion from customers over a 12-month period which would translate into an increase in power rate of […]
April 25, 2023

Meralco net income soars as revenues surge in Q1

BY LENIE LECTURA – APRIL 25, 2023 from Business Mirror The Manila Electric Co. (Meralco) reported that its net income in the first quarter went up by 40 percent to P8.1 billion, from P6.4 billion in the same period a […]