May 15, 2018

Govt puts on hold First Gen’s other hydropower projects

By Lenie Lectura – May 14, 2018 from Business Mirror FIRST Gen Corp.’s other hydropower projects are put on hold until the government issues clear cut-rules on feed-in-tariff (FiT), an incentive in the form of guaranteed power rate given to […]
May 15, 2018

Meralco contracted only 50MW more power till June

By Lenie Lectura – May 14, 2018 from Business Mirror THE Manila Electric Co. (Meralco) has contracted “less than 50 megawatts [MW]” of additional power-generation capacity up to June this year. “We contracted interim power-supply agreements [Ipsa]. The total capacity […]
May 14, 2018

Electricity rate decreases this May

Published May 12, 2018, 6:38 PM from Manila Bulletin Meralco announced a decrease in overall electricity rates for May 2018, amounting to PhP0.5436 per kWh for a typical household.The lower May rate is mainly due to the PhP0.4212per kWh decrease […]
May 14, 2018

Electric coops worried over entry of private firms in rural areas

By REY G. PANALIGAN – 12 May 2018 from Manila Bulletin More than 100 electric cooperatives (ECs) which are non-stock and non-profit organizations have expressed apprehensions over the government’s plan to allow private corporations to enter the rural electrification business […]