May 5, 2021

PH power consumption down in 2020

By Jordeene B. Lagare – May 3, 2021 from The Manila Times ELECTRICITY consumption across the Philippines dropped by 4.04 percent in the past year, data from the Department of Energy (DoE) showed. In its 2020 Power Statistics report released […]
April 29, 2021

Meralco rates lower in Jan-Mar period

By Jordeene B. Lagare – April 28, 2021 from The Manila Times THE Manila Electric Co. (Meralco) said its average retail rates have dropped by 29 centavos per kilowatt-hour (kWh) in the first quarter of the year. Meralco’s average retail […]
April 29, 2021

Meralco income surges by 65% in Q1

By Jordeene B. Lagare – April 27, 2021 from The Manila Times The Manila Electric Co. (Meralco) on Monday reported a consolidated net income of P4.357 billion in the first three months of 2020, or a 64.2-percent surge from the […]
April 20, 2021

AC Energy sees tripling of income

By Jordeene B. Lagare – April 20, 2021 from The Manila Times AC Energy Corp. is banking on the infusion of international assets and the recent fund raising activities to bolster its bottom line by over threefolds. “The planned infusion […]