May 12, 2022

Meralco: May rates decline as refund order takes effect

BY LENIE LECTURA – MAY 11, 2022 from Business Mirror Electricity rates this month declined by P0.1200 per kWh (kilowatt hour) to P10.0630 per kWh from P10.1830 per kWh last month, mainly due to the implementation of the refund order […]
May 12, 2022

ACEN net income dives in January-March

BY LENIE LECTURA – MAY 11, 2022 from Business Mirror ACEN Corp. posted a 68-percent decline in net income for the first quarter of the year to P405 million even as revenues grew by 29 percent during the period. The […]
May 12, 2022

EDC income dips in January-March

BY LENIE LECTURA – MAY 10, 2022 from Business Mirror File photo shows one of EDC’s 12 integrated geothermal power stations. Energy Development Corp. (EDC) reported a 19-percent decline in net income for the first quarter to P2.63 billion from […]
May 10, 2022

Relocation of Meralco facilities gets nod

BY LENIE LECTURA – MAY 9, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has approved the relocation of the electrical facilities of the Manila Electric Co. (Meralco) that will be affected by the infrastructure projects of the government […]