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Secondary price cap set in WESM to ensure fair, reasonable power rates—ERC

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FILE PHOTO

Regulators are adding another layer of price control in the power market for the rest of summer to “ensure the transparent and reasonable prices of electricity.”

Posted: May 7th, 2014 in Latest Business Stories | Read More »

TRO vs Meralco rate hike expires Tuesday

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AFP FILE PHOTO

The Manila Electric Co. (Meralco) has expressed optimism that issues on the recent electricity rate hikes will soon be resolved even as the Supreme Court’s temporary restraining order (TRO) on the controversial power rate hike last December 2013 expires Tuesday.

Posted: April 22nd, 2014 in Latest Business Stories | Read More »

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 »

Meralco bills up this month until July

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INQUIRER.net FILE PHOTO

Customers of Manila Electric Co. (Meralco) should brace for higher electricity bills starting this month up to July this year, as the expected increase in power consumption during the hot summer months puts pressure on power rates.

Posted: April 5th, 2014 in Latest Business Stories | 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 »

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