Author Archives: LM Staff
Lower demand, increased supply drive down electricity prices in January
The Independent Electricity Market Operator of the Philippines (IEMOP) reported a substantial drop in electricity...
ERC eyeing to finish rate reset, after drawing flak
UNDER fire from lawmakers for the delays in the rate resets for the Manila Electric...
Meralco shares rise after Senate OKs franchise renewal
MANILA, Philippines — The share price of power giant Manila Electric Co. (Meralco) closed higher...
Senate OKs 25-year Meralco franchise
Voting 18-1-0 Senate on Tuesday, February 4, approved on third and final reading House Bill...
First Gen, Precision Crestec renew RE supply deal
INDUSTRIAL PRINTING company Precision Crestec, Inc. has renewed its partnership with Lopez-led First Gen Corp....
ACEN boosts investment in Belenos Energy
ACEN CORP., the Ayala group’s listed energy platform, is increasing its investment in subsidiary Belenos...
‘Regulatory failure’: Solons slam ERC, former commissioner over rate reset debacle
The Energy Regulatory Commission’s (ERC) past “failure” to carry out a timely rate reset–which had...
Lawmakers call for COA, independent body to audit ERC on rate reset delay
MANILA – Lawmakers approved a motion calling for an audit on the Energy Regulatory Commission...
ERC to complete rate reset of NGCP by February, Meralco by June
MANILA – The Energy Regulatory Commission (ERC) said on Monday it aims to complete the...
Senate OKs Meralco franchise bill on final reading
THE SENATE on Monday approved on third and final reading a proposed measure that will...