Meralco to charge extra P0.03/kWh (9/22/2010)

DISTRIBUTION UTILITY Manila Electric Co. (Meralco) has been allowed by the Energy Regulatory Commission (ERC) to charge an additional P0.0314 per kilowatt hour beginning next billing period to recover P3 billion from generation charges. Meralco said in a disclosure to the Philippine Stock Exchange the ERC had approved two of its petitions to recover around [...]

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ERC Dismisses Customer’s Petition Seeking New P39-B Meralco Refund (9/16/2010)

The Energy Regulatory Commission has denied for lack of merit a consumer’s petition for Manila Electric Company (Meralco) to refund P39 billion in alleged overcharges from 2004 to 2007. The petition was filed by Genaro Lualhati seeking a refund for residential customers of Meralco and the replacement of the current rates to P0.9077 per kilowatthour. [...]

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Meralco refutes overcharging claim for being without basis (9/16/2010)

Manila Electric Co. (Meralco) refuted yesterday the claims made by the National Association of Electricity Consumers for Reforms (Nasecore) that the company overcharged its customers by P14 billion over a five-and-a-half year period. Meralco regulatory affairs head Jose Ronald Valles said these accusations are unfounded and baseless. He pointed out that Nasecore’s findings were based on [...]

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Davao business group to scrutinize Aboitiz-led utility’s distribution rate hike (9/09/2010)

DAVAO CITY — The city’s business chamber is studying Davao Light and Power Co.’s decision to increase its rates, noting that its members include some of the utility’s largest consumers. Roberto C. Quinto, president of the Davao City Chamber of Commerce and Industry, said the business community is always wary of increases in power rates. [...]

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Frequent power hikes seen in price-setting method adopted by ERC (8/12/2010)

The price-setting method adopted by the Energy Regulatory Commission (ERC) appears to be paving the way for the frequent power rate hikes, and lawmakers want this investigated. Filing House Resolution No. 191, Bayan Muna partylist Representatives Neri Colmenares and Teodoro Casiño asked the committee on energy to look into the August 2007 decision of the [...]

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Meralco says power generation charge to go down this month (8/01/2010)

POWER DISTRIBUTION utility Manila Electric Co. (Meralco) said power rates should go down for the month with cheaper electricity from hydroelectric power plants sidelined by the dry spell early this year expected to come in to the power grid. Meralco Chief Operating Officer Oscar S. Reyes said in an interview continuous rains should allow the [...]

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Napocor seeks to raise power rates (6/21/2010)

State-owned National Power Corp. (Napocor) wants to increase its power rates in the three main grids, according to petitions it filed before the Energy Regulatory Commission last week. Napocor is seeking an increase of 62.51 centavos per kilowatt-hour (kWh) in Luzon, 9.73 centavos per kWh in the Visayas, and 11.22 centavos per kWh in Mindanao, [...]

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Meralco wants to increase distribution charges anew (6/21/2010)

Manila Electric Co., the country’s biggest power distributor, seeks to increase anew its distribution, supply and metering charges for the third regulatory year, during which it plans to spend some P44 billion for capital expenditure projects. The third period marking the implementation of the performance-based regulation scheme will begin on July 1, 2011 and end [...]

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Power firms file rate hike pleas (6/21/2010)

Napocor seeks to recover costs; Meralco files for 2012-2015 adjustments PETITIONS for higher power rates, among them adjustments that could lead to Luzon consumers having to deal with an increase of over P1 per kilowatt-hour (kWh) in the near future, have been filed with the Energy Regulatory Commission (ERC). Separate applications were filed last week [...]

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