Manila Electric Co., the country’s largest power distributor by sales, announced on Tuesday a significant reduction in electricity rates for May, lowering the overall rate to P2.2628 per kiloWatt-hour from P13.0127 in April.
Motorists will see another round of fuel price rollbacks on Tuesday, marking the second consecutive week of reductions and offering welcome relief at the pumps.
The Energy Regulatory Commission (ERC) has issued show cause orders (SCOs) against 40 generation companies for failing to comply with mandated fuel audit requirements, citing violations of Section 43 of the Electric Power Industry Reform Act of 2001.
The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 230-kilovolt Pinili substation project, a ₱1.63-billion infrastructure initiative aimed at strengthening the country’s transmission network and supporting renewable energy (RE) integration in the Ilocos region.
Meralco affiliate Pacific Light Power Pte. Ltd. (PLP) is on track to complete its 600-megawatt (MW) natural gas-fired power plant in Jurong Island, Singapore by January 2029, signaling a major step in the company’s regional expansion.