Tag: Meralco

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Meralco leads Luzon in consumer power programs

Corporate Bulletins Context.ph Context.ph -
The Manila Electric Co. (Meralco), the country’s largest power distributor by sales, has emerged as the leading distribution utility in advancing consumer choice after the Energy Regulatory Commission (ERC) recognized it for having the largest number of participants in customer choice programs across Luzon.

Meralco says ERC rejects NASECORE bid to stall rate reset

Energy & Mining Context.ph Context.ph -
Manila Electric Co. (Meralco) said its pending rate reset application before the Energy Regulatory Commission (ERC) will move forward after regulators denied a bid by consumer advocacy group National Association of Electricity Consumers for Reforms Inc. (NASECORE) to stall the proceedings.

 Meralco lowers May power rates slightly

Energy & Mining Context.ph Context.ph -
The Manila Electric Co. (Meralco) announced a modest decrease of P0.0151 per kWh in electricity rates for May, bringing the typical household rate to P14.3345 per kWh, down from P14.3496 in April.

Meralco expands solar initiatives across facilities nationwide

Energy & Mining Context.ph Context.ph -
Manila Electric Co. (Meralco) has reaffirmed its commitment to sustainability, highlighting ongoing solar rooftop installations across its facilities as part of a broader energy efficiency and environmental strategy.

Meralco sells controlling stake in Bayad Center

Corporate Context.ph Context.ph -
Manila Electric Co., the country’s largest power distributor by sales, and its unit, Corporate Information Solutions Inc., have agreed to sell their combined stake in CIS Bayad Center Inc. to Kayana Solutions Inc., which currently holds a 10 percent stake in the outsourced electronics payments service provider.
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Gov’t pushes to strip systems loss charges from power bills, balancing consumer relief and utility risks 

Energy & Mining 0
Energy policy craftsmen are actively working to fulfill President Ferdinand Marcos Jr.’s directive to eliminate system loss charges from monthly electricity bills, pursuing a sustained policy push aimed at lowering energy costs across the country. The initiative targets both technical losses inherent in power distribution and non-technical losses caused by electricity theft, alongside the value-added tax (VAT) currently applied to these unconsumed kilowatt-hours.

ACEN net income surges 411% to P3.9B in H1 2026

Corporate 0
ACEN Corp. posted a 411 percent jump in consolidated net income to P3.9 billion in the first half of 2026, from P763 million a year earlier, the Ayala Group energy firm said Tuesday.

Special safeguard duty imposed to protect local producers from import surges 

Agriculture 0
To shield domestic livestock producers from market disruption caused by foreign supply spikes, the Department of Agriculture has activated special safeguard duties on select imported meat products. Issued under Department Order No. 24, series of 2026, by Agriculture Secretary Francisco Tiu Laurel Jr., the directive establishes temporary protective tariffs after government monitoring confirmed that incoming import volumes crossed official safety thresholds.

Jollibee first-half net income drops 17% despite strong 2Q rebound

Corporate 0
Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.

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