ERC to review $3-B LNG deal after PCC approval
2 days ago · THE ENERGY Regulatory Commission (ERC) said it will review the $3-billion energy landmark deal between Manila Electric Co. (Meralco), Aboitiz Power Corp. (AboitizPower), and San Miguel Corp. (SMC) following the recent approval by the Philippine Competition Commission (PCC). This is to ensure that the companies are in compliance with the market share limitations, ERC Chairperson […]
ERC agrees to complete rate reset of Meralco, NGCP in first …
1 day ago · The Energy Regulatory Commission committed to completing the rate reset for Manila Electric Co. and National Grid Corp. of the Philippines as part of its regulatory priorities in the first semester of 2025. ERC chairperson Monalisa Dimalanta said they expect to complete the 4th regulatory period ...
News & Advisories - Meralco
Get the latest news and service advisories from Meralco. Help us improve our service. Submit Feedback. Meralco celebrates 120 years of service in 2023. Our mission is to provide our customers the best value in energy, products and services.
ERC amends resolution to keep Meralco regulatory reset on track
Dec 29, 2024 · THE Energy Regulatory Commission (ERC) has adopted amendments to its resolution aimed at minimizing delays in the regulatory reset process for privately owned distribution utilities (DUs), focusing on Manila Electric Co.’s (Meralco) fifth regulatory period.“This reset is essential to align distribution rates with operational realities and regulatory efficiency,” ERC Chairperson and Chief ...
Meralco warns brownouts still possible as red alert extended in …
Apr 16, 2024 · MANILA (UPDATE 4) -- Meralco issued another warning about brownouts that may be implemented in parts of Metro Manila and nearby provinces because of thin power reserves in the Luzon grid.
Latest News & Press Releases - Meralco
Nov 19, 2018 · Get the latest news and service advisories from Meralco. Help us improve our service. Submit Feedback. Meralco celebrates 120 years of service in 2023. Our mission is to provide our customers the best value in energy, products and services.
June 2024 Rates Updates - Meralco
Customers of Manila Electric Company (Meralco) can expect a significant reduction in the June electricity rates, a turnaround from the increase earlier announced, as the power distributor implements staggered collection of generation costs from …
News & Advisories - Meralco
Meralco and Taguig LGU strengthen partnership in new MOA outlining community electrification, disaster preparedness, and swifter, more accessible service.
Meralco posts record Q3 net income at P11.8 billion | GMA News …
Oct 28, 2024 · The Manila Electric Co. (Meralco) on Monday announced double-digit growth in its third-quarter earnings to hit a fresh record for the period, bringing the company closer to its goal of reaching a P40-billion core net income for the year.
ERC vows to prioritize NGCP, Meralco rate resets and refunds in …
2 days ago · News. Business. Economics. Opinion. Entertainment. Sports. Technology. Lifestyle. Specials. ... The ERC will also address Meralco's lapsed period rate refund, potentially returning P16 billion to consumers. Additionally, the ERC aims to complete Meralco's fifth regulatory period (5RP) reset, with a commencement target of July 2025. ...