February 28, 2023

Meralco core income up by 10% to P27.105B in 2022

By Myrna M. Velasco – February 27, 2023, 5:06 PM from Manila Bulletin Buoyed by pandemic recovery-underpinned energy sales and its Singapore power asset, the consolidated core income of power utility giant Manila Electric Company (Meralco) climbed by 10-percent to […]
July 27, 2021

Meralco earnings up in H1 as power demand rebounds

BY LENIE LECTURA – JULY 26, 2021 from Business Mirror IMPROVING demand for power has allowed Manila Electric Co. (Meralco) to post a net income of P9.9 billion and a core profit of P11.4 billion in the first half. In […]
October 17, 2020

Quezon Power Mauban’s Rate is now 51% to 82% higher than the other coal plants. Should the DOE and ERC not investigate?

David Celestra Tan, MSK 17 October 2020 This year 2020, Meralco likes to boast that its generation rate had come down from P4.9039 per kwh in January to P4.12 per kwh in August, a 16% reduction. They like to point […]
June 22, 2020

Fact-Checking Meralco’s Generation Rate. Rates Should be Lower, and Would be Even Lower if QPL Mauban is Made Reasonable.

David Celestra Tan, MSK 21 June 2020 Meralco’s public relations trumpets are blaring that their power rates are lower in June and that it is the 3rd straight month of rate reduction. Should consumers be consoled as Meralco obviously wants […]