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Earth Hour electricity savings reached 132.11 megawatts – DOE

Electricity savings from last Saturday’s Earth Hour increased by 110.73 percent to 132.11 megawatts from last year’s savings of 62.69 MW, according to the Department of Energy......»»

Category: newsSource: philstar philstarMar 26th, 2024

Power rates to rise in February — Meralco

With the latest power rate hike, P115 will be the increase in the total electricity bill of a customer consuming 200 kilowatt-hour......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

ERC lifts suspension of FIT-All collection

Starting next month, electricity consumers will resume paying the feed-in tariff allowance at a rate of P0.0364 per kilowatt-hour in their electric bills......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Power grid operator NGCP billed P2.4B worth of CSR, PR expenses to consumers

At least 9 percent of what Filipinos pay for electricity goes to transmission charges. This means that for every P100 spent on the electricity bill, P9 goes to the NGCP......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

ERC suspends reserve market settlement

The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Residential electricity rate up by P0.13 for March – April billing

Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

UP, PhilSA to help identify areas without electricity

The University of the Philippines will use satellites built by engineers and scientists of the UP Electrical and Electronics Engineering Institute to help the National Electrification Administration (NEA) identify areas in the country that remain without electricity......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Is Philippine electricity really Asia’s costliest?

Filipinos have always thought their electricity to be Asia’s costliest. But comparison shows that’s untrue......»»

Category: newsSource:  philstarRelated NewsJan 16th, 2024

Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Residential electricity rates up by P0.19/kWh for Jan-Feb billing.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Remove the chaff from the grains

Other than the questioned selling of the buffer stock of rice to traders, what’s happening at the National Food Authority (NFA)? With 132 of around 2,000 NFA officials and employees all around the country suspended for six months without pay, this agency attached to the Department of Agriculture (DA) is struggling to stay relevant in the over-all schemes of the government on food security......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

CYBL March Madness 2024 unfolds on Saturday

CEBU CITY, Philippines — The Cebu Youth Basketball League (CYBL) kicks off tomorrow, March 16, at the old Sacred Heart School gymnasium along Mango Avenue. A total of 132 teams will compete across five age groups in this long-standing league. Considered one of Cebu’s premier and most comprehensive grassroots-level basketball tournaments, the CYBL will highlight.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

NexGen Energy wants to follow sister firm REDC’s IPO success

NexGen Energy Corp., a wholly owned subsidiary of Pure Energy Holdings Corp. and a sister company of publicly listed Repower Energy Development Corp., is keen on its own initial public offering as it prepares to develop over 2,350 megawatts of solar and wind power projects over the next 10 years......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

AboitizPower eyes additional 1200 MW of renewable energy

Aboitiz Power Corp. is planning to develop mostly solar and wind power plants in the country as part of efforts to boost its renewable energy portfolio to about 1200 megawatts......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

ACEN, Marubeni partner for 200-MW BESS project

Ayala-owned ACEN Australia has teamed up with Marubeni Asian Power Singapore for the joint development of a 200 megawatts battery energy storage system in New South Wales, Australia......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Meralco secures 400-MW supply requirement from SMC’s Limay Power

Manila Electric Co. yesterday secured 400 megawatts (MW) for its interim supply requirements following a competitive selection process......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

UGEP targets up to 700 MW of solar projects by 2028

Solar energy solutions provider Upgrade Energy Philippines is embarking on an aggressive target of installing up to 700 megawatts of solar projects by 2028......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Philippines to save P16 billion annually from higher ethanol blend

Increasing the ethanol blend in gasoline products from 10 percent to 20 percent could cut fuel prices by as much as four percent, resulting in as much as P16 billion in annual savings for Filipino vehicle owners, according to the United States Department of Agriculture-Foreign Agricultural Service......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Why Saving More than 20% Can Boost Your Finances

The 50/30/20 budgeting rule is a popular financial guideline that suggests allocating 50 percent of your income to needs, 30. percent to wants, and 20 percent to savings and debt repayment. While saving 20 percent is a significant step towards financial security, there are compelling reasons to push beyond this benchmark if your budget allows. […].....»»

Category: newsSource:  metrocebuRelated NewsMay 6th, 2024

LEGOLAND® Malaysia Resort Offers a Brick-tastic Adventure for Filipino Travelers This 2024

Filipino families seeking exciting travel experiences in 2024 have an awesome destination: LEGOLAND® Malaysia Resort. The world-renowned family destination is packed with unique LEGO® adventures, Malaysian cultural experiences, and incredible savings with the Book Early and Save promotion. Filipinos’ growing travel appetite makes LEGOLAND Malaysia a perfect fit. A study from the Philippine Travel Agencies […].....»»

Category: newsSource:  metrocebuRelated NewsApr 27th, 2024