December 18, 2020

AC Energy readies funds for solar, wind projects

By Lenie Lectura – December 18, 2020 from Business Mirror The Board of Directors of AC Energy Philippines (ACEN) has approved financing for solar and wind power projects worth P10.81 billion. The company told the Philippine Stock Exchange that approval […]
December 17, 2020

‘Power spot-market rate to decline’

By Lorenz S. Marasigan – December 17, 2020 from Business Mirror The downward trend of electricity spot-market price will persist this month due to ample supply and cooler weather conditions coupled with the implementation of community quarantines in different parts […]
December 17, 2020

Davao Light to retain ISO certification

By Manuel Cayon – December 17, 2020 from Business Mirror Davao City—Davao Light and Power Co. Inc., an AboitizPower subsidiary, will likely retain its international standard certification following a 5-day audit by Cologne, Germany-headquartered evaluator for the International Organization for […]
December 17, 2020

Good news: Lower electricity prices this holiday season

By BusinessMirror – December 16, 2020 The Manila Electric Company (MERALCO) announced today  another downward adjustment of power rates as the overall rate for a typical household decreased by P0.0352 per kWh, from last month’s P8.5105 per kWh to P8.4753 […]