“Our customers will continue to benefit from lower power rates this month mainly due to lower generation charge,” said Meralco vice president and corporate communications head Joe Zaldarriaga.
Currently, Meralco — the country's largest power distributor and retailer — operates within only 3 percent of the country’s land area but delivers 55 percent of the nation’s power supply.
This marks less than 1% of Meralco’s total customer base, the utility said in a statement. The remaining areas without power are concentrated in parts of Cavite and Laguna.
The firm said the P35-million facility is designed to support Solar Tanauan Corporation’s 50-megawatt alternating current power plant by enhancing power delivery to Meralco’s 115-kV system.
Our power industry expert argues that electric cooperatives don't have a constitutional right to an exclusive franchise within their coverage areas. And that's not just his opinion. Apparently, no less than the Supreme Court has said so.
The country's largest power retailer said on Monday that its personnel are working round the clock to restore electricity to customers affected by Typhoon Carina and the intensified southwest monsoon.
The reality is that the power sector lacks capacity. I do not know precisely how much, but the red alerts are the official signs by National Grid Corporation of the Philippines that we need more capacity to meet demand.
The National Grid Corporation of the Philippines has entered into a connection deal with San Ignacio Energy Resources Development Corp. for the development of the 440-MW Isabela Ground Mounted Solar PV Project.
Last month, the National Grid Corporation of the Philippines issued a stark warning: the Luzon and Visayas grids are under yellow and red alerts. What do those alerts mean? Why are there no investments in the power generation when more capacity is needed?