The Manila Electric Co. (Meralco) affiliate Vantage Energy Solutions and Management Inc. has signed a partnership agreement with Pepsi-Cola Products Philippines Inc. (PCPPI) to supply electricity to five of its manufacturing facilities in Luzon and the Visayas.
The Manila Electric Co., the largest power distributor in the country, on Friday reported a reduction in electricity rates for October, cutting electricity rates by P0.3587 per kiloWatt-hour due to lower spot market prices and improved power supply situation in Luzon.
The National Grid Corporation of the Philippines (NGCP) on Thursday said consumers can look forward to lower overall transmission charges in electricity bills this month no matter the slight increase in the transmission wheeling rate, a key component of the NGCP's services.