July 7, 2017

Meralco defends 7 power supply deals as above board

By Myrna M. Velasco – July 4, 2017, 10:01 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has defended itself before a Congressional hearing  yesterday that the seven power supply agreements (PSAs) it entered into without the benefit […]
July 7, 2017

Slight power-rate increase likely this month–Meralco

By Lenie Lectura – July 6, 2017 from Business Mirror OVERALL power rates for July are expected to remain flattish to a single-digit increase, the Manila Electric Co. (Meralco) said on Thursday. Meralco is expected to release its July electricity rates on Friday. As […]
July 6, 2017

DOE approves Citicore’s five hydropower service contracts totaling 2,300 megawatts

By  Lenie Lectura – July 5, 2017 from Business Mirror THE Department of Energy (DOE) has awarded Citicore Power Inc. (CPI) five service contracts for its pumped-storage hydropower projects with a total capacity of 2,300 megawatts (MW). The company said on Wednesday it received the contracts […]
July 3, 2017

ERC modifies rules on refund of power bill deposits

By Myrna M. Velasco – July 2, 2017, 10:01 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is modifying rules on pay-back and reporting requirements on the bill deposits of customers in the electricity sector. In the draft ERC rules […]