March 25, 2020

Electricity prices at the spot market drop almost 40%

By Alena Mae S. Flores – March 24, 2020 at 09:15 pm from manilastandard.net The average prices at the Wholesale Electricity Spot Market plunged by almost 40 percent in the first week of the 30-day enhanced community quarantine as power […]
March 23, 2020

WESM continues trading amid Luzon lockdown

By Adam J. Ang – March 22, 2020 | 6:57 pm from Business World PIXABAY / JOHANNES PLENIO THE Wholesale Electricity Spot Market (WESM) is still operating during the enhanced community quarantine in Luzon. The Energy Regulatory Commission (ERC) said Saturday […]
March 19, 2020

Meralco, other distributors extend power bill collection by a month

By Alena Mae S. Flores – March 17, 2020 at 09:10 pm from manilastandard.net The Energy Regulatory Commission ordered distribution utilities in Luzon to extend by a month the collection of customer bills falling due on March 15 to April […]
March 11, 2020

SMC offers to pay PSALM P23-billion capacity fees, in advance

By Lenie Lectura -March 11, 2020 from Business Mirror SAN Miguel Corp. (SMC) chief Ramon S. Ang on Tuesday offered to pay the government in advance a whopping P22.68 billion worth of capacity fees to the Power Sector Assets and Liabilities […]