August 29, 2024

S&P upgrades Meralco rating on strong profit

By Manila Standard Business – August 28, 2024, 7:15 pm S&P Global Ratings raised the long-term credit trading of Manila Electric Co. (Meralco) amid its continued financial strength. S&P said it expects Meralco to maintain strong financial ratios despite heavy […]
March 9, 2024

Higher transmission charge raised March power rates

By Alena Mae S. Flores – March 8, 2024, 8:40 pm from manilastandard.net Consumers of Manila Electric Co. (Meralco) will experience a minimal increase in March electricity rates of P0.0229 per kilowatt-hour on higher ancillary charges. “Our earlier projection of […]
November 7, 2023

Meralco’s core net income jumped 53% to P30b in first three quarters

By Alena Mae S. Flores – November 6, 2023, 9:25 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Monday it expects full-year consolidated core net income (CCNI) to reach P37 billion. The company said its CCNI jumped 53 […]
November 6, 2023

S&P raises rating outlook on Meralco

By Richmond Mercurio – November 4, 2023 | 12:00am from The Philippine Star Electrical linemen conduct maintenance check on electric posts along BIR Road in Diliman, Quezon City on Aug. 7, 2023. Jesse Bustos / The Philippine STAR Stable cash […]