May 5, 2020

Spot prices in electricity market down to P1.50/kwh

By Alena Mae S. Flores – May 04, 2020 at 09:30 pm from manilastandard.net Average prices at the electricity spot market dropped to as low as P1.50 per kilowatt-hour in April, the lowest recorded, due to low demand during the […]
May 4, 2020

Meralco retail posts 14% growth in Q1

By Myrna M. Velasco – Updated May 4, 2020, 9:34 AM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has been scaling up its power retailing business portfolio at a robust pace, logging 14 percent increase in customer […]
May 4, 2020

Power One delivers 6MW replacement power for Mindoro

By Myrna M. Velasco – Updated May 4, 2020, 9:31 AM from Manila Bulletin Local firm Power One Corporation has delivered 6.0 megawatts (MW) of replacement power for the requirements of Bansud town in Southern Oriental Mindoro, with the intent […]
May 4, 2020

Meralco cuts 2020 network capital expenditure to ₧9.34B

By Lenie Lectura – May 4, 2020 from Business Mirror The Manila Electric Co. (Meralco) has reduced its network capital expenditure (capex) to P9.34 billion this year, from P17.84 billion, as various projects were stalled by the enhanced community quarantine […]