September 18, 2023

Power rates on downtrend since January

By Alena Mae S. Flores – September 17, 2023, 8:55 pm from manilastandard.net Electricity rates have been on a downward trend since January 2023, the Department of Energy (DOE) said over the weekend. “It is important to note the decreasing […]
September 16, 2023

Meralco: ERC approval to cancel supply contract ‘not necessary’

By Alena Mae S. Flores – September 15, 2023, 9:35 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Friday the Energy Regulatory Commission’s (ERC) approval to terminate the power supply agreement (PSA) contract between a distribution utility and […]
September 16, 2023

ERC approves amended price scheme for reserve market

By Alena Mae S. Flores – September 15, 2023, 8:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) granted preliminary approval to the application of Philippine Electricity Market Corp. (PEMC) and the Independent Electricity Market Operator of the Philippines Inc.  […]
September 14, 2023

Meralco plans to spend P50b to roll out smart grid, automate distribution until 2026

By Alena Mae S. Flores – September 13, 2023, 8:50 pm from manilastandard.net Power retailer Manila Electric Co. asked the Energy Regulatory Commission to approve a capital expenditure budget of P40 billion to P50 billion to roll out its smart […]