Customers of power distributor Manila Electric Co. (Meralco) can expect an increase of 36 centavos a kilowatt-hour (kWh) in their electricity bills this month due to higher generation and system loss charges.
Manila Electric Co. (Meralco), the country’s biggest power distributor, expects its electricity sales to grow by 7 percent this year, faster than the 1 percent posted a year ago.
Korean-led Mirae Asia Energy Corp. is building a P2.4-billion solar photovoltaic power facility that will be able to generate 20 megawatts of electricity for Ilocos Norte.
Manila Electric Co. (Meralco), the country’s biggest power distributor, is set to give starting this month over a billion pesos to its customers representing interest payments on their electricity bill deposits.
The state-run Power Sector Assets and Liabilities Management Corp. expects to start collecting the P140 billion worth of universal charges for stranded debts and contract costs from all grid-connected power consumers early next year.
Customers of Manila Electric Co., the country’s biggest power distributor, can expect their electricity bills to go down in December due to lower demand and generation rates this month.
Manila Electric Co., the country’s biggest power distributor, has earmarked roughly around P11 billion for its capital expenditure program for 2013, according to company chairman Manuel V. Pangilinan.
Manila Electric Co., the country’s biggest power distributor, on Thursday assured its customers that it would be able to reduce the generation charge, the largest component of a power bill, by an average of 18 centavos per kilowatt-hour in 2013.
The Department of Energy is exploring ways to refund some P10 billion that were allegedly “double charged” to the customers of power distributor Manila Electric Co.
Expect higher electricity bills this month.
Customers of Manila Electric Co., the country’s biggest power distributor, may expect higher power bills this month due to an increase in the cost of electricity sourced from the spot market.
Manila Electric Co., the country’s biggest power distributor, is allocating as much as 1,600 megawatts for potential customers under the upcoming open access and retail competition regime.
