The Department of Energy (DOE) said five renewable energy projects with a combined capacity of 128.9 megawatts (MW) are now operational. This is part of its goal to bring 25 renewable energy and energy storage projects online within the month.
The country’s fuel supply has improved to an estimated 52.02 days as of April 17, up from 50.31 days the previous week, according to the Department of Energy (DOE).
The Department of Energy (DOE) announced that fuel prices will go down again starting Tuesday, with minimum rollbacks of P3.41 per liter for gasoline, P24.94 for diesel, and P2 for kerosene.
The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.
A substantial rollback in fuel prices will take effect next week, delivering much-needed relief to consumers, with diesel expected to fall by more than P24 per liter, gasoline by P3.41, and kerosene by P2, according to government estimates.