August 14, 2020

NEA extends P343.445-million loans to ECs from January to July

By Lenie Lectura – August 13, 2020 from Business Mirror THE National Electrification Administration (NEA) has extended P343.445 million worth of loans to all electric cooperatives (ECs) from January to July this year. The state firm said that of the […]
August 13, 2020

AC Energy registers income in January-June

By Lenie Lectura – August 13, 2020 from Business Mirror Key investments allowed AC Energy Philippines Inc.’s (ACEPH) to post a net income of P1.96 billion in the first half, a significant turnaround from the P552-million net loss it incurred […]
August 11, 2020

Lower spot prices, IPP prices cut Meralco’s August power rates

By Lenie Lectura – August 11, 2020 from Business Mirror POWER spot market prices and a reduction in charges from Independent Power Producers (IPPs) resulted in a decrease of P0.2055 per kilowatt hour (kWh) in overall power rates this month […]
August 11, 2020

More Power to Peco: Let’s set aside row for sake of Iloilo electricity consumers

By Lenie Lectura – August 11, 2020 from Business Mirror MORE Electric and Power Corp. (More Power) urged Panay Electric Co. (Peco) to cooperate and set aside their differences for the benefit of the Iloilo City power consumers. More Power […]