December 26, 2020

ERC grants motion of First Gen Hydro to implement P5.1908-per-kWh supply rate

By Alena Mae S. Flores – December 25, 2020 at 06:30 pm from manilastandard.net The Energy Regulatory Commission granted the motion for reconsideration filed by First Gen Hydro Corp. to implement the P5.1908 per kilowatt-hour rate under its power supply […]
December 24, 2020

Meralco takes full control of Global Business Power

By Alena Mae S. Flores – December 23, 2020 at 07:50 pm from manilastandard.net Manila Electric Co. said Wednesday wholly-owned unit Meralco PowerGen Corp. will take full ownership of Global Business Power Corp. after acquiring an additional 86-percent stake for […]
December 21, 2020

Meralco extends payment deadline

By Alena Mae S. Flores – December 20, 2020 at 08:15 pm from manilastandard.net Power retailer Manila Electric Co. said over the weekend customers received a one-month disconnection reprieve as it extended the no-disconnection policy for non-payment of bills from […]
December 17, 2020

WESM sees power rates declining until January next year

By Alena Mae S. Flores – December 16, 2020 at 07:50 pm  from manilastandard.net Prices at the Wholesale Electricity Spot Market, the country’s trading floor of electricity, are expected to continue their downtrend until January, executives said Wednesday. John Paul […]