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Expect lower electric bills this month

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meralco-logo

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.

Posted: February 2nd, 2013 in Latest Business Stories | Read More »

Meralco set to pay over P1B

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meralco-logo

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.

Posted: December 8th, 2012 in Latest Business Stories | Read More »

Meralco gets ERC nod to hike charges

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Manila Electric Co., the country’s biggest power distributor, will increase its distribution, supply and metering charges by 3 centavos a kilowatt-hour to P1.6303 starting next month.

Posted: June 29th, 2012 in Headlines | Read More »

Meralco’s Q1 power sales boosted by robust economy

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Manila Electric Co., the country’s biggest power distributor, expects electricity sales volume to have grown by as much as 10 percent in the first three months of 2012 compared to the same quarter of last year, reflecting robust and increased economic activity in the Philippines.

Posted: April 20th, 2012 in Headlines | Read More »

Aboitiz Power reported 14% profit drop in ’11

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Aboitiz Power Corp. saw its bottomline drop 14 percent year-on-year in 2011 to P21.6 billion from P25 billion.

Posted: March 3rd, 2012 in Headlines | Read More »

First Pacific cements control of Meralco

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The First Pacific group cemented its majority control of power distributor Manila Electric Co. by acquiring an additional 2.66 percent stake in the company from the Lopez group for P8.85 billion.

Posted: January 24th, 2012 in Latest Business Stories | Read More »

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