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Power may still go out Sunday

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INQUIRER FILE PHOTO

The power situation in Luzon eased slightly this weekend but supply remains tight and the possibility of power outages remains, according to energy officials.

Posted: July 13th, 2014 in Latest Business Stories | Read More »

Top PH firms commit to reduce power use

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The Manila Electric Co. (Meralco) franchise may be spared almost 110 megawatts of electricity demand from several commercial establishments under the Department of Energy-led Interruptible Load Program (ILP) amid tight supply this summer.

Posted: May 12th, 2014 in Headlines | Read More »

Cost-recovery provisions for affected gencos urged

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AFP FILE PHOTO

Amid proposed additional price controls at the Wholesale Electricity Spot Market (WESM) by state regulators, SMC Global Power Holdings Corp. is pressing for cost-recovery provisions for generation companies (gencos) whose operations will be affected by the scheme.

Posted: April 24th, 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 »

Longer TRO sought on rate hike

AFP FILE PHOTO

The militant party-list bloc in the House of Representatives on Tuesday asked the Supreme Court to extend indefinitely the 60-day temporary restraining order (TRO) it had issued which stopped the Manila Electric Co. (Meralco) and the power-generating companies (gencos) from collecting the P4.15 kilowatt-hour increase in the generation charge.

Posted: April 16th, 2014 in Latest Business Stories | Read More »

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