DAVAO CITY – The Northern Davao Electric Cooperative (NORDECO) has appealed to President Ferdinand R. Marcos Jr. to veto the bill that would expand the franchise of the Davao Light and Power Co., Inc. (DLPC) into areas currently served by NORDECO.

MANILA – The Department of Education (DepEd) on Wednesday partnered with the National Electrification Administration (NEA) to electrify last mile schools in the country.

The Independent Electricity Market Operator of the Philippines (IEMOP) reported a substantial drop in electricity prices for January, driven by lower demand and increased supply.

UNDER fire from lawmakers for the delays in the rate resets for the Manila Electric Company (Meralco) and the National Grid Corporation of the Philippines (NGCP), the Energy Regulatory Commission (ERC) said it is eyeing to finish the rate reset in the upcoming months.

MANILA, Philippines — The share price of power giant Manila Electric Co. (Meralco) closed higher after senators voted to pass the measure renewing its franchise for another 25 years.

Voting 18-1-0 Senate on Tuesday, February 4, approved on third and final reading House Bill 10926 which gives the Manila Electric Company (Meralco) a fresh 25-year franchise.

INDUSTRIAL PRINTING company Precision Crestec, Inc. has renewed its partnership with Lopez-led First Gen Corp. to power its production facility in Pasig City.

ACEN CORP., the Ayala group’s listed energy platform, is increasing its investment in subsidiary Belenos Energy Corp. by subscribing to P392 million worth of additional shares.

The Energy Regulatory Commission’s (ERC) past “failure” to carry out a timely rate reset–which had been detrimental to consumers–wasn’t lost on veteran congressmen during a hearing of the so-called House Blue Ribbon committee on Monday, Feb. 3.

MANILA – Lawmakers approved a motion calling for an audit on the Energy Regulatory Commission during the lapse period to determine what caused the delays in rate reset process.