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Results for "Meralco"

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Meralco Hikes June Billing Rates After Luzon Grid Alerts
BusinessRappler1mo ago

Meralco Hikes June Billing Rates After Luzon Grid Alerts

Meralco, the Philippines' largest electricity distributor, announced a rate hike for June 2026 billing, attributing the increase to higher generation charges caused by tight supply conditions in the Luzon grid and previous yellow and red alerts.

Analysis of balance-sheet battle for SOCOTECO II's future
BusinessRappler2mo ago

Analysis of balance-sheet battle for SOCOTECO II's future

An in-depth analysis examines the balance-sheet comparison between the Razon-linked IGNITE Power proposal and Meralco, in the context of the transfer of operational control over the SOCOTECO II franchise area. Reversing such a decision is noted as nearly impossible once transferred.

Meralco hikes rates on generation fees
Businessinquirer29d ago

Meralco hikes rates on generation fees

Manila Electric Co. (Meralco) consumers will pay higher electricity bills this month after the distribution utility raised its overall residential rate, mainly due to increased generation costs…

PNP Sanctions Officers and Targets Electricity Theft
Politicsinquirer2mo ago

PNP Sanctions Officers and Targets Electricity Theft

The Philippine National Police (PNP) sanctioned over 1,500 erring officers in the first five months of 2026 and has also ordered a crackdown on electricity theft in collaboration with Meralco. These actions highlight the PNP's efforts to address internal misconduct and external criminal activities.

Batangas power coop quizzed about inaction on Meralco JVA proposal
Businessinquirer5mo ago

Batangas power coop quizzed about inaction on Meralco JVA proposal

MANILA, Philippines — Senior Citizens Party-List Rep. Rodolfo Ordanes called out on Tuesday the Batangas II Electric Cooperative (Batelec II) for its allegedly delayed action on the joint venture agreement (JVA) proposal submitted by the Manila Electric Company (Meralco), as the partnership could have addressed the issue of power shortages. In a statement, Ordanes said that

Meralco Addresses System Loss Charges and EPIRA Reform
BusinessRappler12d ago

Meralco Addresses System Loss Charges and EPIRA Reform

Meralco acknowledges that some system loss in electricity distribution is unavoidable and urges careful reform of the Electric Power Industry Reform Act (EPIRA). This comes amidst discussions about consumers paying for electricity they never receive due to system losses.

Fed Officials Consider Rate Hike Amid Persistent Inflation Concerns
BusinessbloombergNYTFT+8cnbcle-figarosvenska-dagbladetmarketwatchseeking-alphainquirerDaily Sabahwolf-street27d ago11 sources

Fed Officials Consider Rate Hike Amid Persistent Inflation Concerns

Federal Reserve officials, including Governor Christopher Waller, are indicating a willingness to consider a rate hike if upcoming inflation data remains high. This stance has led to increased speculation about a potential July rate hike, despite some concerns about a faltering labor market.

Meralco Increases March Power Rates in the Philippines
BusinessRapplerphilstar5mo ago2 sources

Meralco Increases March Power Rates in the Philippines

Meralco has announced an increase in power rates for March in the Philippines, with residential customers consuming an average of 200 kWh per month facing an approximate P129 increase in their electricity bills due to a P0.64 adjustment.