August 16, 2017

First Gen income dips 4% to $84 M

By Myrna M. Velasco – August 15, 2017, 10:01 PM from Manila Bulletin Given the lower dispatch of its gas-fired power plants in some months during the first semester, the recurring net income of First Gen Corporation had been down by […]
August 9, 2017

Meralco rates to increase P0.1338/kWh this August

By Myrna M. Velasco – August 8, 2017, 10:01 PM from Manila Bulletin Array of factors that included regulator-approved recovery of stranded liabilities had pulled up the rates billed by Manila Electric Company (Meralco) in August billing cycle by P0.1338 per […]
July 10, 2017

Meralco 20-year supply deals hit

July 06, 2017 08:25 AM from Philippine Daily Inquirer It is “unacceptable” to let the Manila Electric Company (Meralco) and its power suppliers dictate the electricity rates that their consumers would be paying for up to 20 years, a militant party-list […]
July 10, 2017

ERC gives 3-month time frame on power supply approvals

By Myrna M. Velasco – July 8, 2017, 10:01 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has committed to Congress that it will render its decision on the pending power supply agreement (PSA) applications, primarily that of the Manila […]