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Power rate hike looms in Aklan

Power rates in Aklan are projected to increase as the province’s lone electric cooperative is expected to pass on to consumers its losses that will result from the looming Boracay closure, officials said yesterday......»»

Category: newsSource: philstar philstarApr 16th, 2018

Power rate hike looms due to tax reform law

A POWER SUPPLIER based in Iloilo City said electricity rates are expected to spike by February or March 2018 following the imposition of higher excise tax on coal and diesel. The Tax Reform for Acceleration and Inclusion (TRAIN), which took effect January 2018, imposes a P50 excise tax on every metric ton of coal and […] The post Power rate hike looms due to tax reform law appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsJan 11th, 2018

Power rate hike looms as Malampaya schedules maintenance shutdown

Power rate hike looms as Malampaya schedules maintenance shutdown.....»»

Category: newsSource:  bulatlatRelated NewsDec 23rd, 2016

Power rate hike looms

State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said that consumers may have to brace for P0.28 per.....»»

Category: newsSource:  mb.com.phRelated NewsJul 31st, 2016

MIWD rate hike likely to be approved – LWUA

The petition for rate increase filed by Metro Iloilo Water District (MIWD) will most likely be approved, according to the Local Water Utilities Administration (LWUA). “The probability of it being approved is almost (100 (percent),” LWUA administrator Jeci Lapus told Iloilo journalists. Lapus said they will base their approval on power and oil price hikes […] The post MIWD rate hike likely to be approved – LWUA appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsMar 22nd, 2018

Meralco rates highest in asia

AN enraged consumer group has slammed the new power rate hike of the Manila Electric Company (Meralco) for March and April. Alyansa Para sa Bagong Pilipinas Secretary General Aya Jallorina said Meralco could not hide its abuse and opportunism anymore since its power rate is the highest in Asia. Meralco….....»»

Category: newsSource:  journalRelated NewsMar 17th, 2018

Meralco to hike rates by P1.08/kWh in Feb

AFTER two consecutive months of declines, electricity rates will go up by P1.08 per kilowatt hour (kWh) this February to account for higher generation charges, listed power distribution utility Manila Electric Co. (Meralco) said. But Meralco stressed on Thursday the power rate hike “will not be implemented in full, in the interest of consumer welfare.” The power firm [...] The post Meralco to hike rates by P1.08/kWh in Feb appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 8th, 2018

2 NegOcc electric coops to hike January rates

BACOLOD City – Two electric cooperatives in Negros Occidental increased their power rates while another reported a rate reduction for the month of January. The Central Negros Electric Cooperative (Ceneco), which serves the largest number of consumers in the province, implemented the highest increase at P0.84 per kilowatt hour (kWh). From PHP10.03/kWh, consumers in the […] The post 2 NegOcc electric coops to hike January rates appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsJan 21st, 2018

Meralco told to explain TRAIN rate hike

Meralco is being demanded to provide an all-inclusive explanation on its calculated P0.08 per kWh rate hike attributable to tax rates prescribed under the TRAIN Act. #BeFullyInformed Meralco told to explain TRAIN rate hike Power utility giant Manila Electric Company (Meralco) is being demanded to provide an all-inclusive explanation on its calculated P0.08 per kilowatt… link: Meralco told to explain TRAIN rate hike.....»»

Category: newsSource:  manilainformerRelated NewsJan 12th, 2018

Meralco bares rate hike from tax reform

THE Manila Electric Co. (Meralco) expects an 8-centavo increase in electricity cost per kilowatt-hour (/kWh) this year with the application of new taxes on coal, oil and power transmission, a company official said yesterday, adding that part of the increment will be implemented in phases. “Total is 8 centavos,” Lawrence S. Fernandez, Meralco vice-president and […] The post Meralco bares rate hike from tax reform appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 9th, 2018

Interest rate hike looms by yearend

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may hike key policy rates before the year ends and then again in 2018 on the back of inflationary.....»»

Category: financeSource:  philstarRelated NewsSep 28th, 2017

Maynilad rate hike looms

MANILA, Philippines —  Consumers of west zone concessionaire Maynilad Water Services Inc.  are expected to see an increase in their billings after the compan.....»»

Category: financeSource:  philstarRelated NewsSep 14th, 2017

Poll bares expectation of muted June inflation; rate hike view &'145;diminishing'

INFLATION likely eased in June on the back of lower oil and power rates, analysts said in a BusinessWorld poll, with some noting that chances the central bank will raise interest rates this year are “diminishing.”.....»»

Category: newsSource:  bworldonlineRelated NewsJul 2nd, 2017

BSP rate hike looms in March

MANILA, Philippines - Investment banks see the Bangko Sentral ng Pilipinas (BSP) shifting the country’s policy stance to ‘hawkish’ from ‘dovish’ with a 25 ba.....»»

Category: financeSource:  philstarRelated NewsFeb 18th, 2017

Staggered payments for power rate hike

MANILA, Philippines - Manila Electric Co......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2017

Meralco seeks staggered rate hike

Power retailer Manila Electric Co. asked the approval of the Energy Regulatory Commission for a rate hike of P0.92 per kilowatt-hour that will be implemented in three months starting March......»»

Category: financeSource:  thestandardRelated NewsFeb 9th, 2017

ERC told: Temper looming power rate hike

ERC told: Temper looming power rate hike.....»»

Category: newsSource:  thestandardRelated NewsJan 15th, 2017

Solon slams regulators for 2013 power rate hike

Solon slams regulators for 2013 power rate hike.....»»

Category: newsSource:  thestandardRelated NewsDec 26th, 2016

DOE vows to minimize power rate hike next yr

DOE vows to minimize power rate hike next yr.....»»

Category: newsSource:  manilatimes_netRelated NewsDec 23rd, 2016

Index tumbles as US rate hike looms

MANILA, Philippines – Share prices declined yesterday as the market digested US Federal Reserve chairman Janet Yellen’s speech last Friday, saying that the c.....»»

Category: financeSource:  philstarRelated NewsAug 30th, 2016

Inflation likely breaks past 2% in July – DBS

Higher food prices, power rate hike.....»»

Category: financeSource:  philstarRelated NewsJul 30th, 2016