November 19, 2019

‘ERC’s year-end approval of PSA to lower power cost’

By Lenie Lectura -November 19, 2019 from Business Mirror In Photo: An overhead power line used for electricity transmission and distribution across large distances is seen in Bulacan.   THE Energy Regulatory Commission (ERC) is expected to approve some of […]
November 18, 2019

Meralco nixes bid to compensate net metering customers at full rate

By Lenie Lectura -November 18, 2019 from Business Mirror A PROPOSAL to compensate the residential net metering (NM) customers at full rate will lead to higher power rates for all Manila Electric Co. (Meralco) customers, the utility firm has warned. […]
November 15, 2019

Sarangani coal plant drives ACR’s revenue; 9-month net income up 198%

By Lenie Lectura -November 15, 2019 from Business Mirror ALCANTARA-LED Alsons Consolidated Resources Inc. (ACR) booked a whopping 198-percent increase in net income from January to September this year, from P197.39 million in the same period a year ago to P587.7 […]
November 14, 2019

Citing projected power capacity crunch, Meralco prods ERC to act on its PSAs

By Lenie Lectura -November 14, 2019 from Business Mirror FOLLOWING the successful auction via Competitive Selection Process (CSP) of Manila Electric Company’s (Meralco) 1,7000 megawatts (MW) of required capacity, the utility firm is moving to ask regulators to approve the […]