MANILA – Energy Regulatory Commission (ERC) chair lawyer Francis Saturnino Juan said Monday that any proposal to introduce electricity hedging in the country must be thoroughly studied to ensure it benefits both investors and end-users.

The Department of Energy (DOE) signed agreements with the Iloilo provincial government and Bacolod city government on Jan. 26 to install solar power systems and energy efficiency measures in public buildings.

OVER EIGHT MILLION customers of Manila Electric Co. (Meralco) may see higher electricity charges starting March after the Energy Regulatory Commission (ERC) approved P31 billion in fuel cost recovery sought by power generators.

ACEN CORP., the listed energy platform of the Ayala group, is likely to pursue its P30-billion stock rights offering (SRO) by the second half of the year as it assesses its capital expenditure (capex) plans, its president said.

THE Energy Regulatory Commission (ERC) said private distribution utilities (PDUs) have been allowed more time to file their proposed electricity tariffs.

The Manila Electric Company (Meralco) will collect from its customers an additional P0.2816 per kilowatt hour (kWh) starting March until the full amount of P31.34 billion is collected.

The Department of Energy (DOE) is expanding its push for sustainable infrastructure by integrating renewable energy into public buildings in the Western Visayas region, targeting a reduction in government electricity costs.

The Department of the Interior and Local Government (DILG) urged local government units (LGUs) to expedite the processing of net metering applications to boost the use of renewable energy in the country.

THE Energy Regulatory Commission (ERC) said it is exploring the use of forward contracts that will allow power distributors to lock in prices of electricity for future delivery to minimize so-called “bill shock” for consumers.

MANILA, Philippines — Pump prices are set to jump once more today, extending the streak of hikes for diesel and kerosene to five weeks.