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NGCP told to ‘practice discipline’ to protect consumers
Energy industry regulators are urging utilities, especially monopolies like the NGCP, to charge only reasonable expenses to consumer electric bills.....»»
Lacson hopes NGCP to improve power situation
Lacson hopes NGCP to improve power situation.....»»
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......»»
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......»»
DOLE issues revised IRR on Service Charge Law
The Department of Labor and Employment has issued the revised implementing rules and regulations of the Service Charge law, which now excludes managerial employees from benefiting from the collected service charge......»»
Meralco cuts power rates in April
The Manila Electric Company will slash power rates in April, ending three consecutive months of rate hikes since the first quarter of 2024. .....»»
Lakers move into 8th place in the West
Lakers move into 8th place in the West.....»»
Lakers move into 8th place in the West
Lakers move into 8th place in the West.....»»
Lakers move into 8th place in the West
Lakers move into 8th place in the West.....»»
Lakers move into 8th place in the West
Lakers move into 8th place in the West.....»»
Celtics beats Pistons 129-102 for 8th straight win
Celtics beats Pistons 129-102 for 8th straight win.....»»
NBA-leading Celtics cruise to 8th straight win
NBA-leading Celtics cruise to 8th straight win.....»»
[Vantage Point] NGCP – what’s wrong with it?
The financials of NGCP's major shareholder, SGP, illustrate the corporation's financial health.....»»
DOE should regulate NGCP
The messy situation between the DOE and NGCP is responsible for problems that inconvenience electricity consumers......»»
Chinese presence at NGCP
The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»
NGCP not solely to blame for Panay blackout – Chiz
The National Grid Corp. of the Philippines is not solely to blame for the Panay power outage, Sen. Francis Escudero said, adding that power plants also failed in ensuring the island’s power supply......»»
Weakened purchasing power causes 20% drop in Panaad Festival sales
Weakened purchasing power causes 20% drop in Panaad Festival sales.....»»
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.....»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
BSP chief: GDP grew at faster pace in Q4
Philippine economic growth picked up further in the final quarter of last year despite the aggressive rate hikes delivered by the central bank, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»