9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Customers of Manila Electric Company (MERALCO) can expect a significant reduction in June electricity rates, reversing the previously announced increase. This change comes as the power distributor implements a staggered collection of
The Energy Regulatory Commission (ERC) approved a staggered payment plan for the Wholesale Electricity Spot Market (WESM) purchases over the next four months, beginning in June 2024. The ERC will release an
The Energy Regulatory Commission (ERC) has issued an order directing all Distribution Utilities in the Luzon and Visayas Grids to delay charging their consumers the generation charge until the Final Statement (FS)
Officials in Bacolod City and Negros Occidental are urging the Energy Regulatory Commission (ERC) to expedite the approval of a proposed agreement between a local power distributor and a major energy producer,
The Bangko Sentral ng Pilipinas (BSP) has projected that electricity rates will further increase, with around Php 15.77 billion in power generation costs potentially being passed on to consumers. The adjustment is
The Energy Regulatory Commission (ERC) has ordered the suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon region due to insufficient generation capacity in the grid. The decision came after
Senator Risa Hontiveros on Wednesday urged the Department of Energy (DOE), the Energy Regulatory Commission (ERC), and the National Grid Corporation of the Philippines (NGCP) to address the country’s power shortages. Hontiveros
The Energy Regulatory Commission (ERC) is issuing an order partially lifting the suspension on settlement amounts in the Reserve Market of the Wholesale Electricity Spot Market (WESM). In the Order issued for
The Energy Regulatory Commission (ERC) says that its probe revealed five power-generating companies violating its allowable unplanned outages allowance. In a report by Manila Standard, ERC Director for Market Operations Service Sharon
The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) urged power distribution utilities to maximize the Anti Bill Shock Lending Program of the Land Bank of the Philippines (LANDBANK) to
