Manila Electric Co., the country’s biggest power distributor, plans to invest P1.16 billion put up a new substation that will ensure adequate and reliable supply of power for the 120-hectare Entertainment City.
Customers of Manila Electric Co. can expect their electricity bills to go down in May because of a reduction in transmission charges.
Conglomerate San Miguel Corp. is open to selling its 36-percent stake in Manila Electric Co. at current market prices, company chief Ramon S. Ang said.
Customers of Manila Electric Co., the country’s biggest power distributor, can expect their electricity bills to go down by 12 centavos per kilowatt-hour (kWh) this May due mainly to lower transmission charges.
The Energy Regulatory Commission has ordered cash-strapped National Power Corp. to start refunding P5.18 billion worth of transmission line costs that customers of Manila Electric Co. (Meralco) were forced to shoulder.
Customers of Manila Electric Co., the country’s biggest power distributor, can expect their electricity bills to go up by 27 centavos per kilowatt-hour this month due to increases in the generation, transmission and other charges.
Customers of Manila Electric Co. (Meralco) can expect their electricity bills to go up by 10.1 centavos per kilowatt-hour this month due to the imposition of a new universal charge for stranded contract costs by a state-run energy agency.
Manila Electric Co., the Philippines’ biggest power distributor, is planning to build power plants in neighboring countries such as Myanmar, Vietnam and Thailand as it moves to expand its power-generation business abroad.
Manila Electric Co. posted a 9-percent increase in its consolidated core net income to P16.3 billion last year from P14.9 billion in 2011 on the back of higher electricity sales.
Customers of Manila Electric Co. can expect their electricity bills to go down in February after the new power supply agreements of the country’s biggest power distributor took effect starting January this year.
Customers of power distributor Manila Electric Co. may expect their electricity rates to go down, after the Energy Regulatory Commission approved the utility’s new power supply agreements (PSAs) and its peak/off-peak (POP) program.
Manila Electric Co. (Meralco), the country’s biggest power distributor, plans to spend some $7 million for the full rollout of its prepaid electricity metering system to 40,000 residential customers, an official said.
