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Meralco power rates slightly up this month
Rates of Manila Electric Co. are up slightly at the start of 2024......»»
Negros Occidental power rates increase in January
Negros Occidental power rates increase in January.....»»
Power rates slightly inch up in January — Meralco
Meralco said that it will have a slight increase in power rates by P0.0846 per kiloWatt-hour (kWh) which brings the overall rate for a household to P11.3430 per kWh this month......»»
Xiaomi Set to Launch Electric Car on March 28
Xiaomi Makes Waves with Launch of Electric Car SU7 Chinese consumer electronics giant Xiaomi has set the stage for its much-anticipated entry into the electric.....»»
Moovr launches new electric bikes, scooters around BGC, Makati, McKinley Hill
Electric vehicle sharing service Moovr has revamped its mobile application and launched new electric scooter and bicycle units around Metro Manila's key central business districts......»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
BSP seen to cut rates by 100 bps this year
The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»
T-bill rates up across the board
The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the board......»»
Moody’s, Fitch research arms see rate cuts in 2nd half
The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»
Meralco rates up in March billing
Energy utility provider Manila Electric Co. (Meralco) has increased electricity rates this March by P0.0229 per kilowatt-hour, marking the third increase this year. .....»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»
SEC streamlines capital raising for power firms
he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»
Data centers urged to cut power consumption
Energy management and digital automation firm Schneider Electric is urging Philippine data centers to use the “green approach” as part of smart and sustainable solutions to lessen energy consumption......»»
Schneider Electric switching to solar power
French energy management and automation firm Schneider Electric is transitioning its operations in the Philippines to clean energy with the installation of solar panels in its manufacturing plant in Rosario, Cavite......»»
Meralco powers up 2 Taguig substations
The country’s largest power electric distributor Manila Electric Co. has energized two new smart substations in Taguig City......»»
ANUNSYO: Ilang lugar sa Maynila magba-‘brownout’ sa Feb. 3, ayon sa Meralco
NAGLABAS ng abiso ang Manila Electric Company o Meralco, lalong-lalo na para sa kanilang customer sa Manila. Magkakaroon kasi ng scheduled power interruption o brownout sa ilang lugar sa Sabado, February 3. Ayon sa electric company, dahil ito sa isasagawa nilang maintenance activities katulad ng pole replacement at pagkabit ng lightning protection devices sa M......»»
Rizal, Bulacan, Laguna, Q.C. makararanas ng ‘brownout’ sa Jan. 21-24 –Meralco
ABISO para sa mga customer ng Manila Electric Company (Meralco)! Pansamantalang makararanas ng brownout ang ilang lugar sa Rizal, Bulacan, Laguna, at Quezon City simula January 21 hanggang 24. Ayon sa electric company, ang scheduled power interruptions ay dahil sa gagawin nilang maintenance works. Narito ang kumpletong listahan ng mga petsa at lugar na maaapektuhan:.....»»
BSP seen to stand pat on policy rates anew
The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»
Meralco power rates down this month
Energy utility provider Manila Electric Co. has estimated a lower generation charge this month......»»
NAPOCOR seeks approval of higher subsidized rates
The National Power Corp. is seeking the approval of the Energy Regulatory Commission for an increase in the rates to be paid by consumers in off-grid areas in the country......»»