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Meralco: January power rates down by 27¢ per kwh

MANILA, Philippines - Electricity rates registered a decline in January mainly due to lower generation charge, Manila Electric Co......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2017

Meralco reports lower power rates in January

Meralco reports lower power rates in January.....»»

Category: financeSource:  thestandardRelated NewsJan 12th, 2017

FIFA to expand World Cup to 48 teams in 2026

GRAHAM DUNBAR, AP Sports Writer br /> ZURICH (AP) — FIFA will expand the World Cup to 48 teams, adding 16 extra nations to the 2026 tournament which is likely to be held in North America. President Gianni Infantino's favored plan — for 16 three-team groups with the top two advancing to a round of 32 — was unanimously approved Tuesday by the FIFA Council. It meets Infantino's election pledge of a bigger World Cup, and should help fund promised raises for FIFA's 211 member federations. With 80 matches instead of 64, FIFA forecasts the equivalent of $1 billion extra income at current rates from broadcasting and sponsor deals, plus ticket sales, compared to $5.5 billion revenue forecast for the 2018 World Cup in Russia. FIFA projects an increased profit of $640 million despite some extra operating costs and prize money for teams. FIFA's six continents should find out by May how many extra places they will each get. UEFA wants 16 European teams at the tournament, which is strongly favored to be played in North America. The CONCACAF region has not hosted the World Cup since the 1994 tournament in the United States. American, Canadian and Mexican soccer leaders have had informal talks about a co-hosting bid. Africa and Asia could be winners in a bigger World Cup with up to nine places each. They had only five and four teams, respectively, at the 2014 World Cup in Brazil. Still, FIFA said it expects the standard of soccer to drop compared to the 32-team format locked in for the next two World Cups in Russia and Qatar. The 'absolute quality' of play, defined by high-ranked teams facing each other most often, is achieved by 32 teams, FIFA acknowledged in a research document sent to members last month. It made 10,000 tournament simulations to reach that conclusion. Instead, Infantino wants to create fervor and months of anticipation back home in the 16 extra nations which would qualify, some probably making their World Cup debut. FIFA has pointed to Costa Rica, Wales and Iceland as examples of teams which overachieved at recent tournaments. FIFA must break with soccer tradition to make its new format work after an original 48-team plan — with an opening playoff round sending 16 'one-and-done' teams home early — was unpopular. Instead, three-team groups will replace the usual groups of four to create simple progress to a knockout bracket. However, it leaves one team idle for final group games and could risk collusion between the other two teams. FIFA said it could guard against result-rigging by introducing penalty shootouts after group games that end in draws. Despite the 16 extra games, FIFA believes the current maximum of stadiums needed will stay at the 12 used by Brazil and Russia. However, the demand for more training bases and hotels means developed countries would be better equipped to win future hosting contests. North America is the strong favorite for 2026 because European and Asian countries are blocked by a FIFA rule excluding continents which hosted either of the two previous tournaments. Russia will host the World Cup next year and Qatar in 2022. South America has been focused on a centenary tournament including original 1930 host Uruguay, and African nations are seen as lacking existing capacity and unlikely to fund multi-billion dollar infrastructure spending. .....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2017

Meralco may cut power rates this month

MANILA, Philippines – Customers of Manila Electric Co......»»

Category: financeSource:  philstarRelated NewsJan 8th, 2017

Meralco expects lower power rates in January

Meralco expects lower power rates in January.....»»

Category: financeSource:  thestandardRelated NewsJan 5th, 2017

Corporate News: Power rates may spike in March: Meralco

THE MAINTENANCE shutdown of the Malampaya natural gas platform in northwest Palawan early next year is likely to result in a P1-per-kilowatt-hour (kWh) increase in electricity rates, the Energy department said on Thursday quoting a simulation from the cou.....»»

Category: financeSource:  bworldonlineRelated NewsDec 22nd, 2016

Finance: Fed raises rates, boosts outlook for borrowing costs next year

FEDERAL RESERVE officials raised interest rates for the first time this year and forecast a steeper path for borrowing costs in 2017, saying inflation expectations have increased "considerably" and suggesting the labor market is tightening......»»

Category: financeSource:  bworldonlineRelated NewsDec 15th, 2016

Meralco rate rising by 10 centavos this month

A WEAKER PESO has caused the power generation charge to increase, distribution utility Manila Electric Co. (Meralco) said on Wednesday as it announced a 10.11-centavo per kilowatt-hour (kWh) increase in electricity rates to P8.36 in this month's bill......»»

Category: newsSource:  bworldonlineRelated NewsDec 7th, 2016

Meralco rates slighty up in December

Meralco rates slighty up in December.....»»

Category: newsSource:  manilatimes_netRelated NewsDec 7th, 2016

Are Meralco rates reasonable?

A recent study completed by the International Energy Consultant (IEC) for Meralco showed that the distribution company’s customers over the last four years h.....»»

Category: financeSource:  philstarRelated NewsNov 21st, 2016

Meralco rates drop by P0.0781 per kWh

Meralco rates drop by P0.0781 per kWh.....»»

Category: financeSource:  thestandardRelated NewsNov 7th, 2016

Meralco rate down a 4th straight month

CONSUMERS will be paying a lower electricity bill in November for the fourth straight month as Manila Electric Co. (Meralco) announced on Monday a 7.81-centavo reduction in power rate to P8.26 per kilowatt-hour (kWh)......»»

Category: newsSource:  bworldonlineRelated NewsNov 7th, 2016

Electricity rates go down again in October

MANILA, Philippines – Meralco announced that the rate for a typical household will go down this October by P0.12 per kilowatthour (kWh), thereby bringing it.....»»

Category: financeSource:  philstarRelated NewsOct 17th, 2016

Electricity rates go down again in October

Meralco announced that therate for a typical household will go down this October by P0.12 per kilowatthour (kWh), thereby bringing it down to P8.34 per kWh.This translates to a reduction of around PhP24 in the electricity bill of a household with monthly .....»»

Category: newsSource:  mb.com.phRelated NewsOct 13th, 2016

Electricity rates go down again in October

MERALCO announced that the rate for a typical household will go down this October by PhP0.1216 per kilowatt hour (kWh), thereby bringing it down toPhP8.34 per kWh.This translates to a reduction of around PhP24 in the electricity bill of a h.....»»

Category: newsSource:  remateRelated NewsOct 10th, 2016

Meralco magro-rollback

MAGPAPATUPAD ng bawas sa singil sa kuryente ang Meralco ngayong buwan ng Oktubre. Sa abiso ng Meralco, mayroong P0.12 kilowatt per hour (kWph) na bawas sa electricity rates dahil sa pagbaba ng generation at transmission charges. Ayon sa Meralco, papatak s.....»»

Category: newsSource:  remateRelated NewsOct 7th, 2016

Power rates lower in October — Meralco

Power rates lower in October — Meralco.....»»

Category: financeSource:  thestandardRelated NewsOct 6th, 2016

Meralco slashes Oct. power rates

Meralco slashes Oct. power rates.....»»

Category: newsSource:  manilatimes_netRelated NewsOct 6th, 2016

Meralco rates to go down this month

Manila Electric Co. (Meralco) customers will be charged lower this month because of lower transmission and generation charges, which offset the increase recorded in some of the company’s billing components due to recent peso depreciation and higher.....»»

Category: newsSource:  mb.com.phRelated NewsOct 6th, 2016

Meralco slashes rates for October

For the third consecutive month, Meralco residential customers can expect another rate cut......»»

Category: newsSource:  mb.com.phRelated NewsOct 6th, 2016