Manila Electric Co. (Meralco), the country’s largest power distributor, has energized a new substation in Sampaloc, Manila, as part of efforts to bolster electricity supply amid growing demand in the nation’s capital.
“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.
Vantage Energy, the retail electricity supply affiliate of Meralco, has renewed its energy supply deal with Bounty Plus Inc., a major unit under Bounty Fresh Group Holdings.
Manila Electric Co. (Meralco) said it is making significant investments to upgrade its distribution network, aiming to enable the seamless integration of distributed energy resources (DERs) such as solar rooftops, battery storage systems, electric vehicles, and microgrids.
Manila Electric Company (Meralco) laid out a wide-ranging strategy to modernize its energy infrastructure, pursue digital transformation, and invest in future-ready power technologies, following the renewal of its franchise for another 25 years.
Manila Electric Co. chair and CEO Manuel V. Pangilinan is banking on steady hands at the Department of Energy, as the government agency braces for changes under the new leadership.
Manila Electric Company (Meralco) has slashed its electricity rate for May by P0.7499 per kilowatt-hour (kWh), lowering the overall monthly bill for a typical household to P12.2628/kWh, from P13.0127/kWh in April.
More than 3,000 polling precincts, canvassing centers, and critical election sites within Meralco’s franchise area will be monitored, with personnel and technical crews ready for immediate deployment.
Industry giant Manila Electric Co powered through a strong start to 2025, growing its core net income by 10.8 percent to P11.2 billion despite global and local pressures on the energy sector.