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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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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New capital projects, network expansion prompt Meralco’s bid to adjust tariffs (6/22/2010)

The line-up of new capital projects and network expansion to prepare for more customer connections and higher demand in the coming years prompted Manila Electric Company (Meralco) to seek new tariff adjustments under its third regulatory reset under performance-based regulation. In its routinary filing with the Energy Regulatory Commission (ERC), the utility firm noted that [...]

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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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Complaints vs Meralco mount as rates rise (5/5/2010)

ELECTRIC BILLS may start going down this month, according to the Manila Electric Co. (Meralco), as the listed power utility faces a barrage of complaints over a sudden spike in electricity costs. Meralco expects power costs to ease as its main power suppliers — the Sta. Rita and San Lorenzo plants in Batangas owned by [...]

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Oil firms jack up pump prices by P1.50 (11/24/09)

Small oil players Flying V and Eastern Petroleum Corp. again led the new round of oil price hikes, raising their pump prices by P1.50 per liter. The higher prices take effect today. Eastern chairman Fernando Martinez said the latest price increase was “overdue.” “We should have done these price adjustments more than a month ago. It’s [...]

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National Grid seeks Mindanao rate hike (11/20/09)

THE NATIONAL grid Corporation of the Philippines (NGCP) has asked the Energy Regulatory Commission (ERC) to be allowed to pass on to its customers in Mindanao the costs it incurred to repair its sabotaged transmission towers on the island. In a 12-page application to the ERC last Nov. 9, NGCP sought approval “to charge its [...]

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