9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The Energy Regulatory Commission (ERC) reported a decrease in the average cost of electricity traded at the spot market in 2023, ending two consecutive years of increases. According to ERC’s market analysis,
The Department of Energy (DOE) announced that the power reserve spot market looks to commence commercial operations on December 26 this year. In a report by Business World, the Energy Regulatory Commission
The Philippines can expect a decrease in power prices for the next few months amid the ease of global coal prices and the declining rates of the Wholesale Electricity Spot Market (WESM),
Green Tiger Markets, the country’s first forward market for electricity, completed its first trade on its hedging platform for the Philippine Electricity market. The company facilitated the transaction between two commercial market
The Manila Electric Company (MERALCO) has announced a decrease in electricity rates this July of Php 0.7213 per kilowatt-hour (kWh), bringing the total cost for an average household to Php 11.1899 per
Alsons Consolidated Resources (ACR), intends to allocate a minimum of P6 billion over the next three years as it prepares for expansion in the renewable energy sector. In a report by the
The Manila Electric Company (MERALCO) has recently announced a rate adjustment for June, with an increase of Php 0.4183 per kWh in the electricity rate. As a result, the overall rate for
The Manila Electric Company (MERALCO) recently announced Php 0.1761 per kilowatt-hour increase in electricity rates for the month of May to Php 11.4929 per kWh. Households that consume 200 kWh should expect
First Gen Corporation, announced growth in revenue during the first quarter of 2023, reaching Php 36.0 billion amid an increase in volume of electricity sales. This represents a 14% increase of Php
The Manila Electric Co. (MERALCO) has announced a Php 0.1180 per kilowatt-hour (kWh) reduction in its electricity rates for April, bringing the overall rate to Php 11.3168/kWh from the previous month’s Php
