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Meralco power rates expected to go down this month

Lower power rates may be expected this month due to lower generation and transmission charges, according to energy utility provider Manila Electric Co......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Meralco powers up profit by 37 percent in 2023

Manila Electric Co., the country’s biggest power utility, said its core earnings went up by 37 percent to P37.1 billion last year, powered by contributions from its power generation and retail electricity businesses, as well as the continued increase in energy sold by its distribution utility business......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Meralco reminds public of electrical safety tips this Holy Week

Electric concessionaire Meralco said that its personnel will attend to the needs of its customers during Holy Week despite its offices being closed from Maundy Thursday to Black Saturday......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

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. .....»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

‘Unselfish’ Meralco nails maiden win in Philippine Cup

Meralco banks on a balanced attack of six players scoring in double figures as it overcomes Rain or Shine in overtime.....»»

Category: newsSource:  rapplerRelated NewsMar 2nd, 2024

Sedurifa leads Meralco to PBA 3x3 Season 3 title

Sedurifa leads Meralco to PBA 3x3 Season 3 title.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Singil sa kuryente magtataas ngayong Pebrero, ayon sa Meralco

TATAAS nanaman ang singil sa kuryente ngayong Pebrero! Ayon sa power distributor na Manila Electric Co. (Meralco), asahan na madaragdagan ng P0.5738 kada kilowatt-hour (kWh) ang binabayarang kuryente. Ang ibig sabihin niyan, ang overall electricity rate ay papatak ng P11.9168 kada kWh ngayong buwan. Ang residential customers na kumukunsumo ng 200kWh kada buwan ay may.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 2024

Meralco sustains power in PBA 3x3

Meralco turned to full power early to sweep its way to the quarterfinals of Leg 5 the PBA 3x3 Season 3 Third Conference yesterday at the Ayala Malls Manila Bay......»»

Category: sportsSource:  philstarRelated NewsJan 29th, 2024

Meralco nails 2nd straight 3x3 crown

Meralco rained seven two-balls on TNT to run away with the Leg 4 crown in the PBA 3x3 Season 3 Third Conference via a 21-13 clincher yesterday at Ayala Malls Circuit......»»

Category: sportsSource:  philstarRelated NewsJan 23rd, 2024

Select McDonald’s branches are getting greener with Meralco

Meralco equipped select McDonald's branches with solar rooftop panels, solar lamp posts, and electric vehicle (EV) charging stations among others.....»»

Category: newsSource:  rapplerRelated NewsJan 23rd, 2024

Powering a greener future together: Meralco partners with McDonald’s on sustainability efforts

Meralco, the largest power distributor equipped with expertise in green initiatives, joined forces with McDonald’s to power the implementation of eco-friendly practices within its restaurant operations......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

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:.....»»

Category: newsSource:  inquirerRelated NewsJan 21st, 2024

Meralco survives Phoenix

In a marathon PBA Commissioner’s Cup quarterfinal showdown, fifth-seeded Meralco generated enough power to pull through and drag No. 4 Phoenix to a sudden death Relying on heart and grit despite trailing by 12 in the fourth, the Bolts forced Phoenix to a stalemate after regulation then outsteadied the Fuel Masters in 15 additional minutes to prevail, 116-107, last night at the PhilSports Arena......»»

Category: sportsSource:  philstarRelated NewsJan 17th, 2024

Security Bank expects higher profit in 2024

Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Resumption of FTA talks seen to spur higher EU investments

The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

D& L sees earnings recovery this year

D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

AboitizPower earnings rise 4 percent to P7.9 billion in Q1

Aboitiz Power Corp. hiked its net income by four percent in the first quarter to P7.9 billion due to higher generation portfolio margins......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024