Thursday, May 21, 2026
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Tag: power rates

Meralco sees ‘flattish’ generation charge

Power retailer Manila Electric. Co. said it expects a “flattish” generation charge, with no significant movement in the June billing of its customers. Meralco said...

Power rates on downward trend in Q1–ERC

The Energy Regulatory Commission has monitored a downtrend in generation rates in the first quarter, prompted by low Wholesale Electricity Spot Market (WESM) prices...

Power rates likely unchanged in May on stable supply margin

The Independent Electricity Market Operator of the Philippines (IEMOP) expects spot market power rates in May 2025 to remain around April’s level of P4...

Meralco asked to do the ‘best it can’ to bring down power rates

Energy Secretary Raphael Lotilla on Thursday asked Manila Electric Co. (Meralco), the country’s biggest power retailer, to do the best it can to bring...

Lower power rates soon, says Meralco

Consumers will experience lower rates this month by P0.2189 per kilowatt-hour due to lower generation charges, which translates to a decrease of around P44...

Reserve market billing to raise 2025 power rates

The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from consumers to cover 70 percent of uncollected payments in the ancillary reserve...

Meralco: Power rates to increase this month

Consumers of Manila Electric Co. can expect higher electricity bills of P0.4274 per kilowatt hour this month due to higher generation charges arising from...

Gatchalian: ERC can raise power rates

Senator Sherwin Gatchalian flagged a decision made by the Energy Regulatory Commission (ERC) to forgo the fifth regulatory reset of Meralco’s distribution rate, covering...

Gatchalian urges ERC to expedite measures aimed at lowering cost of electricity

Senator Sherwin Gatchalian urged the Energy Regulatory Commission (ERC) to accelerate and fully implement lower retail competition and open access (RCOA) threshold to enable...

Expect higher power rates this July, Meralco tells consumers

Power consumers of Manila Electric Company (Meralco) will experience significantly higher rates in July of P2.1496 per kilowatt hour mainly due to higher generation...

Meralco lowers rates but higher bills set for coming months

Power retailer Manila Electric Co. (Meralco) said consumers can expect a significant reduction in rates amounting to 1.9623 per kilowatt hour in June despite...

Escudero blames DOE, ERC for failing to prevent exorbitant power rates

Senator Francis Escudero expressed his frustrations at the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) for their “failure to perform their...

Household power rates higher in May

Manila Electric Co. (Meralco) announced Tuesday its consumers will see an increase of P0.4621 per kilowatt-hour in their May electricity rates. Meralco said this brings...

Power market prices up due to outages, says market operator

Power rates showed an increase when the red and yellow alerts were imposed in the Luzon and Visayas grids last week due to insufficient...
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