February 26, 2025

Meralco to seek ERC nod for SMC power deal

By Sheldeen Joy Talavera – February 26, 2025 | 12:06 am from Business World PHILIPPINE STAR/MICHAEL VARCAS MANILA ELECTRIC Co. (Meralco) said it will seek approval from the Energy Regulatory Commission (ERC) for a 200-megawatt (MW) emergency power supply agreement […]
February 26, 2025

Power projects delayed: ERC postpones NGCP infrastructure plans

By Gabriell Christel Galang – Feb 25, 2025 12:49 PM from Manila Bulletin The Energy Regulatory Commission (ERC) announced that it has deferred six capital expenditure (capex) projects of the National Grid Corporation of the Philippines (NGCP). In a decision […]
February 25, 2025

Meralco posts ‘remarkable’ 2024 financial results–exec

By Lenie Lectura – February 24, 2025 from Business Mirror The Manila Electric Co. (Meralco) saw its 2024 earnings rise due to higher electricity sales and significant contributions from its generation business. Consolidated core net income (CCNI) increased to P45.1 […]
February 24, 2025

ERC OKs 42 percent hike in FIT-All rates

By Brix Lelis – February 24, 2025 | 12:00am from The Philippine Star In a recent commission meeting, the ERC set a new rate of P0.1189 per kilowatt-hour, reflecting a 42-percent increase from the current P0.0838 per kWh FIT-All collection. […]