Meralco profit jumps 14 percent off strong generation
Manila Electric Company (Meralco), the country’s largest power distributor, reported a 14 percent increase in consolidated core net income to P40.02 billion…
· 2 min read
Daily TribuneTopic
Manila Electric Company (Meralco), the country’s largest power distributor, reported a 14 percent increase in consolidated core net income to P40.02 billion…
· 2 min read
The Department of Agrarian Reform (DAR) said it has intensified its nationwide operations this October to meet its commitment to distribute 400,000 hectares of…
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Under the RRDWR, power distributors will be subject to a formula that determines annual revenue requirements based on validated operating costs and capital…
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Garin’s insight about energy security favors a slow adoption of RE, giving priority to meeting the needs of economic expansion.
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Manila Electric Co. (Meralco), the country’s largest power distributor, plans to build a new operations and control center by 2030 to enhance network…
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The National Grid Corporation of the Philippines (NGCP) has announced a slight reduction in overall transmission rates of the end consumers this October,…
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Senior Citizens Partylist Representative Rodolfo “Ompong” Ordanes has expressed full support for the Department of Energy’s (DoE) proposal to remove the Value…
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The Manila Electric Co. (Meralco), the country’s largest power distributor, said electricity rates are likely to rise this month, mainly due to the peso’s…
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Electricity prices in the Wholesale Electricity Spot Market (WESM) fell to their lowest level in seven months in September as abundant supply and weaker demand…
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President Ferdinand Marcos Jr. spearheaded transformative initiatives last week to restore government integrity.
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‘The poor performance also reflects on the rollout of key programs.’
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This year, IEMOP reported a significant drop in average spot market prices, which fell to P4.14 per kilowatt-hour in the first half of 2025 — down 26 percent…
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Meralco customers will see lower power bills this September after the company announced a rate cut, driven by a drop in generation charges.
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T he Philippine power industry has pursued reforms to foster competition, improve service delivery, and empower electricity consumers since the implementation…
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Manila Electric Co. customers will see lower electricity bills this month as the power distributor is set to implement a P0.1852 per kilowatt-hour (kWh) rate…
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Zaldarriaga also noted that the potential reduction could more than offset the cost recovery for its terminated contracts, the implementation of which was…
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‘We are ahead of target. We have completed about 26 percent of what we committed under the plan.’
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Okada Manila first tapped MPower in 2020, and the partnership has since evolved to keep pace with the resort’s growing energy needs.
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