The National Power Corp. (NPC) has inaugurated new power facilities in Cagayan seen boosting reliability and power dispatch as well as widen its renewable energy resources.
Fuel retailers Caltex and Seaoil on Monday announced increasing the price of their gasoline by P1.40 per liter, their diesel by P1.75 per liter and their kerosene by P1.05 per liter starting Tuesday morning.
The electricity reserve market, in suspension since March, is seen restored to full commercial operation in July, the Energy Regulatory Commission (ERC) said Monday.
The Palm Concepcion Power Corp. (PCPC) in Iloilo, out of commission since mid-February this year, bared the completion of repairs later than originally expected, the company said in a statement.
The Energy Regulatory Commission (ERC) projects greater acceptance of retail competition and open access agreements or RCOAs by consumers over other modes of securing electricity contracts over the next four to five years.