September 3, 2014

RAPPLER: Electricity rates to go up P0.5143/kWh due to PSALM suit

originally published on rappler.com, Sept. 03, 2014   MANILA, Philippines – Electricity rates may rise by an additional P0.5143 per kilowatt-hour (kWh) if the Power Sector Assets and Liabilities Management Corporation (PSALM) is forced to settle over P60 billion in […]
August 20, 2014

Global Business Power’s Toledo plant synchronized to grid

(The Philippine Star) | Updated August 20, 2014 – 12:00am MANILA, Philippines – The power plant complex of Global Business Power Corp. (GBPC) in Toledo City, Cebu has been synchronized to the grid, a development which the Department of Energy (DOE) said […]
August 14, 2014

Gov’t monitoring power rate increase — Coloma

Source: Manila Bulletin, August 10, 2014 Link to Original: http://www.mb.com.ph/govt-monitoring-power-rate-increase-coloma/ The government has pledged to monitor the latest power adjustment implemented by Manila Electric Co. (Meralco) to ensure it is not excessive or unreasonable. Presidential Communications Operations Secretary Herminio Coloma Jr. […]
August 14, 2014

The evils of cross-ownership in power industry (2)

by Neal Cruz, republished from Philippine Daily Inquirer website, September 07, 2007 MANILA, Philippines — The previous column dwelt on proposals to amend the Electric Power Industry Reform Act, or Epira (endorsed by President Gloria Macapagal-Arroyo) because instead of reducing […]