The Manuel Pangilinan-controlled power distributor said it will comply with the Energy Regulatory Commission’s latest directive to refund P9.5 billion to customers over a six-month period, with the adjustment expected to appear as a separate line item in electricity bills.
The Philippine Supreme Court has settled something that the electricity industry long treated as settled in the opposite direction: distribution utilities do not hold exclusive franchises.
Billionaire Enrique Razon Jr.’s Negros Electric and Power Corp. is ramping up efforts to modernize its electricity network, pouring P1.3 billion into infrastructure upgrades aimed at improving reliability and expanding access across Negros Occidental.
Picture a typical afternoon in Manila, where the sun blazes relentlessly and the city’s energy systems are pushed to their limits. In these moments, the rising demand for electricity becomes more than just a statistic—it becomes a pressing reality.
The Manila Electric Co. (Meralco) has mobilized its response teams as Typhoon Paolo continues to bring heavy rains across Luzon, with portions of its franchise area placed under Wind Signal No. 1.
“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.