Manila Electric Co., the country’s largest power distributor, said Thursday power rates in November will increase by P0.2347 a kiloWatt-hour, an upward adjustment that will be reflected in consumers’ December electricity bill.
The Energy Regulatory Commission (ERC) has determined a much lower value in the maximum allowable revenue (MAR) permitted of the National Grid Corporation of the Philippines (NGCP) for the years 2016 through 2020.
Alfamart, the minimart chain of the SM Group, on Monday bared installing solar panels at its distribution center in Silang, Cavite and reduce its power requirement by 55,370 watts.
The world's largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing.
The Manila Electric Company (Meralco) has started the competitive selection process (CSP) for 1,800 megawatts (MW) of supply needed to meet the growing demand of its customers starting next year.