October 9, 2019

October Meralco rates rise on higher generation charge

By Lenie Lectura -October 9, 2019 from Business Mirror   ELECTRICITY rates in October increased to P9.0862 per kWh from last month’s P9.0414 per kWh, mainly due to higher generation charge recorded for the supply month of September. The Manila Electric Co. […]
September 17, 2019

PSALM receivables still at P135 B

By Myrna M. Velasco – Updated September 16, 2019, 11:04 AM from Manila Bulletin The receivables of state-run Power Sector Assets and Liabilities Management Corp. from distribution utilities, generation companies as well as universal charges, are still whopping at P135.59 […]
July 10, 2019

Meralco announces third consecutive month of electricity rate reduction

By Alena Mae S. Flores – July 08, 2019 at 07:30 pm from manilastandard.net Power retailer Manila Electric Co. on Monday announced the third consecutive month of power rate reduction, amounting to P0.1068 per kilowatt-hour in July. This would mean […]
December 26, 2018

PSALM debt payments hit P600B by mid-2018

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The scale of debt payments and settlement of financial obligations by state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reached a whopping P599.64 billion in the […]