July 3, 2017

ERC renews permits of three power co-ops by 5 more years

By Lenie Lectura – July 2, 2017 from Business Mirror The Energy Regulatory Commission (ERC) recently renewed the permits of Mindoro Grid Corp. (MGC-Igacos), AP Renewables Inc. (Apri) and Oriental Mindoro Electric Cooperative Inc. (Ormeco) for five more years. The certificates of compliance (COCs) […]
July 3, 2017

Meralco blames weak Peso, power outages for hike in July billing

By Lenie Lectura – July 2, 2017 from Business Mirror GENERATION charge, a big chunk of an electric  bill, is expected to go up this month. According to the Manila Electric Co. (Meralco), there are two factors that are expected to push generation […]
June 30, 2017

PSALM seeks ERC approval for true-up rates adjustment

By Lenie Lectura – June 29, 2017 from Business Mirror Power rates in Luzon may go down by P0.556 per kilowatt-hour (kWh) should the Energy Regulatory Commission (ERC) approve the adjustment in the fuel and foreign exchange costs of the Power Sector Assets […]
June 29, 2017

Citicore Power seeking DOE okay for 1,000-MW goal for RE projects

By Lenie Lectura – June 28, 2017 from Business Mirror CITICORE Power Inc. (CPI) is actively pursuing hydropower investments to meet its 1,000 megawatt (MW) capacity target of renewable energy (RE). The company, currently an active member of the PhilHydro Association Inc., said on Wednesday it has […]