Energy
ERC greenlights FIT-All, market fee adjustments
Households and businesses should brace for higher electricity bills in 2025 following two major rulings by the Energy Regulatory Commission (ERC) which will directly impact power rates across the country.
First diesel price cut in eight weeks
The various fuel retailers will implement mixed price adjustments starting Tuesday, October 21. Gasoline prices will rise by P0.10 per liter, while diesel and kerosene will drop by P0.70 and P0.60 per liter, respectively.
Meralco targets 1,500-KM underground cabling by 2030
The Manila Electric Co. (Meralco) is targeting the installation of an additional 1,500 circuit kilometers of underground power lines by 2030, expanding from the current 567 circuit kilometers.
EV growth hindered by charging gaps – ING
Despite rising electric and hybrid vehicle sales in the Philippines, infrastructure gaps—particularly the lack of charging stations—remain a major hurdle to widespread EV adoption, according to ING Bank.
Mixed fuel prices seen this week
Consumers can expect mixed fuel price adjustments this week as oil companies and the Department of Energy (DOE) offer differing forecasts based on recent global trading trends.
