June 9, 2018

FIT-All collections shortfall slashed to P4.5 billion

By Myrna M. Velasco – June 8, 2018, 10:00 PM from Manila Bulletin The shortfall in collections of the feed-in-tariff allowance (FIT-All) from ratepayers will be cut to P4.5 billion this year from previously at roughly P8.0 billion – that […]
June 8, 2018

DOE finalizing $4-B Korean investments (in 4 energy projects)

By Myrna M. Velasco – June 7, 2018, 10:01 PM from Manila Bulletin The Department of Energy (DOE) is expecting up to US$4.4 billion worth of capital flowing in – plus thousands of job creation – from prospective investments of […]
June 8, 2018

Power users to enjoy lower rates in June, says Meralco

By Alena Mae S. Flores – June 07, 2018 at 07:10 pm from Business Mirror Customers of Manila Electric Co. will enjoy lower power rates in June amounting to P0.1252 per kilowatt-hour, as generation and transmission charges declined. Meralco said […]
June 8, 2018

NEA takes over Ficelco

By Lenie Lectura – June 7, 2018 from Business Mirror THE National Electrification Administration (NEA) has taken over the management of the First Catanduanes Electric Cooperative (Ficelco). The move is expected to put an end to the frequent power interruptions […]