Energy & Mining
Gov’t pushes to strip systems loss charges from power bills, balancing consumer relief and utility risks
Energy policy craftsmen are actively working to fulfill President Ferdinand Marcos Jr.’s directive to eliminate system loss charges from monthly electricity bills, pursuing a sustained policy push aimed at lowering energy costs across the country. The initiative targets both technical losses inherent in power distribution and non-technical losses caused by electricity theft, alongside the value-added tax (VAT) currently applied to these unconsumed kilowatt-hours.
Meralco crews work around clock after Habagat
Manila Electric Co. (Meralco) crews are working around the clock to restore power in communities affected by the enhanced southwest monsoon, with about 18,000 customers still without electricity as of 8 a.m. Tuesday.
Raslag solar farm resumes operation after flash flood
Raslag Corp. said its largest solar farm, the 36.6-megawatt-peak RASLAG 4 in Pampanga, has partially resumed operations after flash flooding forced it off the grid, highlighting the growing weather risks facing the country’s renewable-energy infrastructure.
Fuel prices drop over P4 per liter this week
The Department of Energy (DOE) confirmed fuel companies will roll back pump prices sharply this week, with cuts exceeding P4 per liter across all major products.
StB GigaFactory, BCDA explore clean energy projects
StB GigaFactory Inc. is expanding its clean-energy ambitions in the Philippines, partnering with the Bases Conversion and Development Authority to explore renewable power, battery storage, and electric mobility projects that could support the growth of next-generation industries.
