January 9, 2019

TMO serves notice to disconnect from electricity supply system

By Lenie Lectura – January 8, 2019 from Business Mirror THERMA Mobile Inc. (TMO) has decided to cease participation in the electricity-trading market. The unit of Aboitiz Power Corp. (AboitizPower) said on Monday it notified the Manila Electric Co. (Meralco) […]
January 7, 2019

ERC approves WESM operator’s loan refinancing

By Myrna M. Velasco – January 6, 2019, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has approved the application of Independent Electricity Market Operator of the Philippines, Inc. (IEMOP) for a new loan that it could utilize […]
December 17, 2018

Lower WESM prices likely in December

By Alena Mae S. Flores – December 17, 2018 at 07:00 pm from manilastandard.net Prices at the electricity stock market are expected to remain low this month due to decreased demand, Independent Electricity Market Operator of the Philippines Inc. said […]
October 1, 2018

Tax reforms to increase power rates in two years

By Alena Mae S. Flores – September 30, 2018 at 08:00 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines Inc. warned that the staggered implementation of the government’s tax reform program will hike power rates by P0.2422 […]