Energy & Mining
Fuel prices retreat a third time this week
The price of petroleum products at the pumps fall a third time this week, led by gasoline products that beginning Tuesday cost P2.45 per liter cheaper.
Meralco electricity rates to increase by P0.0327/kWh in August
Manila Electric Co., the listed power distributor whose service area generates half of the country's economic output, said Monday power rates in August will rise by P0.0327 per kiloWatt-hour, lifting overall rate for a typical household to P11.6339 a kWh.
ERC adopts one plant, one rate policy in formalizing PSAs
The Energy Regulatory Commission (ERC) is embracing the one plant, one rate rule as the basis for the approval of power supply agreements (PSAs) seeking ERC approval.
“Meralco franchise renewal crucial to advance consumer interest”
The Laban Konsyumer Inc. (LKI) has voiced its support for the franchise renewal of Manila Electric Co. (Meralco), saying the power distributor’s continued operation is crucial for the welfare of millions of consumers who depend on its stable and reliable supply of electricity.
Meralco rates likely ease in August
The Manila Electric Co. (Meralco) on Thursday said the cost of electricity at its franchise area will likely fall in August due to lower prices at the Wholesale Electricity Spot Market (WESM).
