THE Manila Electric Co. (Meralco) may report “slightly higher” electricity sales during the first half of the year versus the same period a year ago, an official said over the weekend.
trict userlevel=”subscriber, author”]
“There is no final numbers yet but it might be flat or slightly lower than our all-time high June 2024 month gigawatt hour (GWh) number,” Meralco Senior Vice President and Chief Revenue Officer Ferdinand O. Geluz said referring to energy sales for June. With this, we forecast our first half 2025 to be slightly higher than lastg year by just around 120 to 130 GWh than 2024, Geluz added.
In the first quarter of the year, Meralco reported an energy sales volume of 12,493 GWh, up 1.5 percent from 12,307 GWh in the quarter a year ago.
For May, sales volume stood at 4,929GWh.
Geluz is optimistic that energy sales for the succeeding months will continue to pick up.
This expectation may eventually lead to attaining its 4.5-percent increase in target energy sales for the year.
The target is to close the year with at least 56,000MWh in energy sales. Of which, Clark Electric Distribution Corp., which is 65-percent owned by Meralco, is expected to contribute an additional 700 GWh.
Geluz is confident that the numbers will be achieved as Meralco anticipates a better economy from lower inflation and interest rates, recovery in occupancy in real estate, and higher consumer spending during mid-term elections.
In 2024, Meralco’s energy sales volume jumped 6.4 percent to 54,325 GWh from 51,044 GWh in 2023.
By Lenie Lectura | June 30, 2025
Via Business Mirror – https://businessmirror.com.ph/2025/06/30/meralco-to-post-slightly-higher-sales/
[/restrict]