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ERC mulls over WESM price cap for May, June

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Regulators want to add another layer of price control in the energy market for May and June in yet another move to prevent rate spikes like the ones seen in recent months.

Posted: April 20th, 2014 in Headlines | Read More »

And finally, wireless electricity!

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TESLA’S Watclyffe Tower was “planned to be the first broadcast system, transmitting both signals and power without wires to any point on the globe.  The huge magnifying transmitter, discharging high frequency electricity, would turn the earth into a gigantic dynamo which would project its electricity in unlimited amounts anywhere in the world.”    CLIPARTILLUSTRATION

Nikola Tesla was a mad man. Or so the world thought. But in his madness was genius. Tesla was a visionary, a man whose ideas were way beyond his time. He deserves much credit for electrical system concepts that have since developed into today’s tangible and useful technology.

Posted: April 5th, 2014 in Columnists,Featured Columns,Featured Gallery,Inquirer Columns,Inquirer Features,Photos & Videos,Property Guide | Read More »

Meralco seals supply deals to meet rise in demand

Manila Electric Co., the country’s biggest distribution utility, has signed electricity supply agreements with three power-generation companies to enable it to meet an expected surge in power demand this summer.

Posted: April 3rd, 2014 in Headlines | Read More »

Meralco seeks staggered January rate hike

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AFP FILE PHOTO

The Manila Electric Co. (Meralco) has asked the Energy Regulatory Commission to approve its plan to stagger the deferred power rate increase in January over six months.

Posted: March 25th, 2014 in Latest Business Stories | Read More »

Meralco cuts Jan. rate hike by 90%

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AFP FILE PHOTO

The Manila Electric Co. (Meralco) has reduced its proposed power rate increase for January to about a tenth of the original, following a recalculation ordered by the Energy Regulatory Board of the unusually high electricity spot market rates late last year.

Posted: March 21st, 2014 in Latest Business Stories | Read More »

Meralco customers seen enjoying lower bills this month

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Electricity consumers in the Manila Electric Co.’s (Meralco) franchise area may enjoy lower bills this month due to normalized power supply in Luzon. Part of Meralco’s network will enjoy even lower bills as the firm refunds some P58 million to those who paid the December charges that were covered by the restraining order of the Supreme Court.

Posted: March 6th, 2014 in Headlines | Read More »

Magat plant repairs done by mid-2014

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SN Aboitiz Power-Magat, Inc. (SNAP-Magat) is set to complete the rehabilitation of the 360-megawatt Magat hydro power plant for optimal performance.

Posted: March 3rd, 2014 in Headlines | Read More »

Napocor defers off-grid subsidy collection

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The National Power Corp. (Napocor) is holding off the collection of its universal charge for missionary electrification (UCME), which subsidizes power generation activities in off-grid, remote areas of the country.

Posted: March 3rd, 2014 in Headlines | Read More »

Transco narrows down list of banks for FIT fund

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The National Transmission Corp. (Transco) is set to choose a state-run bank as trustee of the fund to be collected from consumers utilizing renewable energy (RE) capacities.

Posted: March 3rd, 2014 in Headlines | Read More »

Meralco Foundation brings electricity to remote public schools

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Meralco’s social development arm goes the extra mile to provide sustainable source of energy to schools in remote villages and hard-to-reach island communities.

Posted: February 26th, 2014 in Latest Business Stories | Read More »

History repeals itself

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Believe it or not, our favorite Meralco wants to go back in time. Frustrated by the Supreme Court in its attempt to collect an additional P6 billion from its 5.3 million customers, Meralco is asking the ever-acquiescent ERC (Energy Regulatory Commission) to cancel the trading results in the electricity spot market a few months ago.

Posted: February 13th, 2014 in Columnists,Inquirer Columns | Read More »

Amending Epira high on Congress agenda–Drilon

Senate President Franklin Drilon: Epira amendment high on agenda. INQUIRER FILE PHOTO

Amending the Electric Power Industry Reform Act (Epira) to address the high power rates is part of Congress’ legislative package in the 16th Congress, Senate President Franklin Drilon said on Sunday.

Posted: February 10th, 2014 in Latest Business Stories | Read More »

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