9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The Manila Electric Co. (MERALCO) has announced a Php0.2087 per kilowatt-hour (kWh) reduction in its electricity bills for the month of August. This would bring the overall rate to Php9.5458 per kWh
The Independent Electricity Market Operator of the Philippines (IEMOP) is set to adjust its registration system to open the power retail aggregation to wider coverage of end-users. In a Manila Bulletin report,
Prices in the Wholesale Electricity Spot Market (WESM) increased by Php2.59 per kilowatt-hour (kWh) to Php 9.01 per kWh for the June 2022 billing period, the Independent Electricity Market Operator of the
State-owned Power Sector Assets & Liabilities Management Corporation (PSALM) said that San Miguel Corporation unit South Premiere Power Corporation (SPPC) has overdue payables worth Php 34.04 billion as of June 30. PSALM
The Nepomuceno-led Raslag Corp. is expected to generate Php 214.5 million once its 18.011 megawatt-peak (MWp) Raslag-3 solar power plant in Pampanga becomes fully operational. In a disclosure to the Philippine Stock
The Manila Electric Co. (MERALCO) announced a Php 0.7067 per kilowatt-hour (kwh) decrease in its power rates for the month of July, pulling down the overall rates to Php 9.7545 per kwh.
The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corp. (PEMC) to refund its overcollection in the Market Transaction Fees (MTF) for the years 2019 and 2020. In a Business
The Independent Market Operator of the Philippines (IEMOP), operator of the Wholesale Electricity Spot Market (WESM), has asked the Department of Energy (DOE) to review its circular that created the agency. IEMOP
Hurdles involving resistance from landowners and issuance of permits from several local government units have further pushed the launch of the Mindanao-Visayas Interconnection Project (MVIP) to October this year. “It is delayed.
Ayala-led ACEN said it posted a consolidated net income of Php405 million for the first quarter of 2022, 68% lower than the Php1.27 billion recorded in the same period last year. The
