October 10, 2022

Meralco: Weaker peso puts pressure on generation cost

BY LENIE LECTURA – OCTOBER 10, 2022 from Business Mirror Power generation rates may increase this month, but the reduction in FIT-All rates will likely offset any upward adjustment in the generation charge. According to Meralco head of corporate communications […]
August 9, 2022

Meralco rate slightly down by P0.2087/kWh in August billing

By Myrna M. Velasco – August 8, 2022, 2:34 PM from Manila Bulletin Despite an earlier projection of a rate hike, several cost-offsetting measures ultimately pulled down the electricity tariff of Manila Electric Company (Meralco) by a marginal P0.2087 per […]
July 6, 2022

PSALM’s financial obligations hit ₧342.6B at end-June

BY LENIE LECTURA – JULY 5, 2022 from Business Mirror THE financial obligations of the Power Sector Assets and Liabilities Management Corp. (PSALM) at end-June this year stood at P342.6 billion (around $6.185 billion at current exchange rates). In a […]
May 12, 2022

Meralco: May rates decline as refund order takes effect

BY LENIE LECTURA – MAY 11, 2022 from Business Mirror Electricity rates this month declined by P0.1200 per kWh (kilowatt hour) to P10.0630 per kWh from P10.1830 per kWh last month, mainly due to the implementation of the refund order […]