Power News

March 7, 2020

ERC orders ₱2.8 B worth of refunds to DU customers

By Myrna M. Velasco – March 6, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has ordered a refund of ₱2.8 billion to customers of distribution utilities (DUs), which may translate to as high as ₱1.3182 per […]
March 7, 2020

Meralco says rates in March up slightly by P0.0278/kWh

By Alena Mae S. Flores – March 06, 2020 at 09:35 pm from manilastandard.net Customers of power retailer Manila Electric Co. will experience an increase of P0.0278 per kilowatt-hour in their billing this month as the overall rate for a […]
March 7, 2020

ERC terminates PECO’s license to distribute power

By Alena Mae S. Flores – March 06, 2020 at 09:20 pm from manilastandard.net The Energy Regulatory Commission revoked the certificate of public convenience and necessity of Panay Electric Co. (PECO) after More Electric Power Corp., which holds the franchise […]
March 6, 2020

First Gen unit seeks DOE nod to build LNG terminal in May

By Lenie Lectura -March 6, 2020 from Business Mirror FGEN LNG Corp. (FGEN LNG) is seeking the Department of Energy’s (DOE) approval to allow it to start the construction of its planned liquefied natural gas (LNG) terminal. The wholly owned […]
March 6, 2020

NEA tasks deputy administrator to supervise Masbate power cooperative

By Lenie Lectura -March 6, 2020 from Business Mirror THE National Electrification Administration (NEA) has appointed its deputy administrator for legal services to supervise the management and operations of the Masbate Electric Cooperative Inc. (Maselco). NEA Administrator Edgardo Masongsong, who […]
March 6, 2020

DOE fast-tracking release of ER 1-94 funds to LGUs

By Lenie Lectura -March 6, 2020 from Business Mirror THE Department of Energy (DOE) said it is expediting the release of funds identified under the Energy Regulation 1-94 program to host communities of energy generation firms and energy resource developers. […]
March 5, 2020

‘Power situation, POGOs should worry investors’

By Jordeene B. Lagare – March 5, 2020 from The Manila Times A possible power shortage in Luzon in the summer and the shutdown of Philippine offshore gaming operators (POGOs) by China should worry investors, a banker said during the […]
March 5, 2020

Meralco-Solar power-supply deal okayed

By Lenie Lectura -March 5, 2020 from Business Mirror Meralco networks crew are seen replacing a 60-foot pole along Eulogio Rodriguez Jr. Avenue (C5) in Barangay Ugong, Pasig City, in this 2017 file photo. The Energy Regulatory Commission (ERC) has […]
March 5, 2020

ACEPH to invest P13M more in Giga Ace 1

By Jordeene B. Lagare – March 5, 2020 from The Manila Times AC Energy Philippines Inc. (ACEPH) is infusing another P13 million in its wholly-owned subsidiary Giga Ace 1 Inc. to finance the latter’s administrative and operating costs. In a […]
March 4, 2020

RTC jurisdiction over Ilijan case already upheld by higher courts

SMC claims By MYRNA M. VELASCO – March 3, 2020 from Manila Bulletin The jurisdiction of the Mandaluyong regional trial court (RTC) over the contested payments on the power supply contract of the Ilijan gas-fired power asset has already been […]