Tag: Manila Electric Company

Meralco to increase power rates this summer season

(Eagle News) — The Manila Electric Company (Meralco) warned the public that there will be an increase in power rates this summer season due to growing electricity demand amid the heat. Meralco said the tight supply of electricity was due to the outage of several large power plants this dry season. The power distributor said this led to an increase in the price of electricity in the wholesale electricity spot market. Last month, electricity rates […]

Singil sa kuryente, magtataas-baba

(Eagle News) — Ipatutupad na ng Manila Electric Company o Meralco ang pagkakaltas ng P 0.19 kada kilowatt hour sa singil sa kuryente ngayong buwan ng Marso. Ayon kay Meralco Spokesperson Joe Zaldarriaga, dahilan ng pagbaba ng singil sa kuryente ang mababang generation charge na bunsod na rin ng mas murang halaga ng langis. “This reduction in the generation cost ay primarily ho (dahilan ho nito) ay dahilan ‘dun sa higher dispatch ng mga planta […]

Oil and power rates to increase

Another oil price hike will be experienced over the next few weeks by major oil companies. Initial reports said that the increase of oil prices will once again hit up to PHP 1.40 and PHP 1.50 per liter of gasoline and diesel due to the price hike demand on every barrel of oil in the global market. The first major increase of the year for gasoline and diesel has only occurred last Monday that jack […]

Meralco Cannot Collect Additional Rates

Manila Electric Company or Meralco clarified that it cannot collect the additional sum reflected in the February bills of some of its customers due to the injunction issued by the Supreme Court. Meralco customers are also not required to pay the additional sum.