Tag: meralco,
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Colmenares Insists on Ending ‘Legalized Robbery’ Amidst Meralco Bill Shock
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Consumer advocates and the group Bayan Muna strongly condemned the “bill shock” experienced by millions of Meralco customers this April and May 2026, amidst record-high rates that hit ₱14.3496 per kWh. Bayan Muna Chairman Neri Colmenares described the situation as a form of “legalized robbery” being shouldered by ordinary Filipinos.…
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Razon utilities ease power bills over ₱1/kWh while Meralco raises rates ahead of summer
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The Manila Electric Company (Meralco) raised its residential electricity rates this February despite the country still being in cooler months and before the official start of summer, while several provincial utilities under business tycoon Enrique Razon Jr. — Bohol Light, Negros Electric and Power Corporation (NEPC), and MORE Power in…
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Meralco Announces Lower Electricity Rates for June Despite Slight Rise in Transmission Costs
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Electricity customers of Meralco can look forward to lower bills this June, as the power distributor has announced a fresh ₱0.11 per kilowatt-hour (kWh) reduction in household electricity rates. The rate cut—driven primarily by lower generation charges—marks the second straight month of relief for consumers, even though there was a…
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Meralco Optimistic About Nuclear Energy Progress Under New Energy Chief
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MANILA, Philippines — The Manila Electric Co. (Meralco) expressed confidence in the advancement of the country’s nuclear energy initiatives under interim Energy Secretary Sharon S. Garin, citing her previous leadership of the Department of Energy’s (DoE) nuclear energy division. “With her leading the department, we believe the nuclear agenda will…
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SMC, ACEN units advance in Meralco RE supply bid
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THE UNITS of San Miguel Corp. (SMC) and ACEN Corp. will undergo post-qualification evaluation after Manila Electric Co. (Meralco) identified their bids as the most competitive for a 500-megawatt (MW) renewable energy (RE) supply contract. San Roque Hydropower, Inc. (SRHI), Gigasol3, Inc., and Santa Cruz Solar Energy, Inc. (SCSEI) submitted…
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Meralco rates up by P2 per kWh in July as power costs ‘normalize’
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HOUSEHOLDS SERVED by Manila Electric Co. (Meralco) will face higher power bills this month as rates go up by more than P2 per kilowatt-hour (kWh) due to a normalization in power costs.
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Meralco rates to go down by almost P2 per kWh in June
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RESIDENTIAL CUSTOMERS served by Manila Electric Co. (Meralco) will see a nearly P2 per kilowatt-hour (kWh) reduction in their electricity bills this month, instead of the previously announced rate hike. Meralco made the announcement after the Energy Regulatory Commission (ERC) ordered all distribution utilities and electric cooperatives to implement a…
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June Meralco rates jump amid higher generation charge
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TYPICAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) will have to pay higher electricity bills this month, even as the utility deferred the collection of a portion of generation costs. Meralco in a statement on Thursday said the overall rate will increase by P0.6436 per kilowatt-hour (kWh) to…
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Meralco seeks bids for 600-MW baseload supply
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MANILA Electric Co. (Meralco) said it has started the bidding process for 600 megawatts (MW) of baseload power supply to meet energy requirements from 2025 onwards. The company launched the competitive bidding process aimed at securing a 15-year power supply agreement, scheduled to start on Aug. 26, 2025, Meralco said…
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JV of Meralco unit, PhilTower faces ‘more in-depth’ PCC scrutiny
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THE Philippine Competition Commission (PCC) on Tuesday said it has started a “more in-depth assessment” of a proposed joint venture (JV) between independent tower companies Phil-Tower Consortium, Inc. (PhilTower) and Miescor Infrastructure Development Corp. (MIDC). “On May 4, the Commission directed the PCC Mergers and Acquisitions Office to open a Phase 2…