Filipinos may soon experience relief from the additional burdens linked to paying electricity bills as the Department of Finance (DOF) and the Department of Energy (DOE) have signed a joint memorandum circular (JMC) granting tax exemptions to qualified electric cooperatives (ECs).

BAGUIO CITY – The Benguet Electric Cooperative (Beneco) has started the commercial operation of its 3.4 megawatts (MW) hydro-electric power plant in Buguias, the first electric generation project of the distribution utility.

Power retailer Manila Electric Co. (Meralco) reported a 6.6-percent increase in its power sales from January to November to 49,953 gigawatt-hours (GWh) from 46,866 GWh in the same period last year, driven by higher demand from the residential and commercial sectors.

MANILA, Philippines — Renewable power developer Alternergy Holdings Corp. (AHC) is on track to complete its massive wind farm in Rizal by end-2025, with installation of wind turbines targeted as early as next month.

MANILA, Philippines — One Meralco Foundation (OMF), the social development arm of power distributor Manila Electric Co., has energized some 100 low-income households in San Isidro village in Parañaque City.

The Senate has been urged to amend House Bill 10926, or the bill that gives Meralco a fresh 25-year franchise, by putting provisions that would curb what a consumer rights advocate called the company’s “apparent abuse of market power.”

AYALA-LED ACEN Corp. has secured a contract to construct a 936-megawatt (MW) wind power project in New South Wales, Australia.

THE Department of Energy (DoE) said it endorsed six new and existing power projects with a combined capacity of 440 megawatts (MW) to the Energy Regulatory Commission (ERC) in November.

MANILA — Meralco and the Department of Energy are going ahead with plans to introduce nuclear power into the country’s energy mix.

The Department of Energy endorsed to the National Grid Corp. of the Philippines seven power projects for system impact study (SIS) in November.