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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

Iloilo lost P3.7B during 3-day power outage

ILOILO CITY — Iloilo incurred more than P3.7 billion in economic losses during last week’s three-day power outage on the islands of Panay and Guimaras and parts of Negros. Mario Nillos, head of the Provincial Planning and Development Office (PPDO), said the province’s three electric cooperatives collectively lost over 3,351.86 megawatts of electricity from Jan......»»

Category: newsSource:  inquirerRelated NewsJan 13th, 2024

Tornadoes in Oklahoma kill 4

SULPHUR, Okla. — Tornadoes killed four people in Oklahoma and left thousands without power Sunday after a destructive outbreak of severe weather flattened buildings in the heart of one rural town and injured at least 100 people across the state. More than 20,000 people remained without electricity after tornadoes began late Saturday night. The destruction.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, April 15

KUALA LUMPUR -- The Malaysian government has agreed to establish Energy Exchange Malaysia (ENEGEM) for cross-border green electricity sales to neighboring countries. The Ministry of Energy Transition and Water Transformation (Petra) said in a statement on Monday that the move is in line with Malaysia's energy transition aspiration and commitment to support regional power integration via the ASEAN Power Grid Init.....»»

Category: newsSource:  manilanewsRelated NewsApr 15th, 2024

Saving Money Amidst Rising Prices

Saving money while prices are on the rise can be difficult, especially when the costs of basic commodities such as food, water, and electricity are also increasing. It’s easy to say that cutting back on purchases will help us save, but in reality, it’s not always viable. In such bad situations, how can we maintain […].....»»

Category: newsSource:  metrocebuRelated NewsApr 30th, 2024

Russia launches missile barrage across Ukraine – but Kyiv fights back with drones

In a recent aerial assault, Russian missiles have targeted power facilities across Ukraine, causing widespread damage and disruption. Ukraine’s largest private electricity company, DTEK, reported.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 28th, 2024

Riding the crossroads: The battle of Manila’s jeepney drivers against modernization

“Most members in my group are seniors,” he said, “My father is 72 years old, yet he drives every day because he doesn't want to rely on his children. He needs money for medication, electricity and water to survive. Where will they find a livelihood? I’m sure no company would want to hire them anymore, right?” The post Riding the crossroads: The battle of Manila’s jeepney drivers against modernization appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 20th, 2024

Group calls for lease-free installation of broadband links

Like free access to electricity and water lines, the installation of broadband connectivity should not bear additional costs to internet providers, according to CitizenWatch Philippines......»»

Category: newsSource:  philstarRelated NewsApr 14th, 2024

Maharlika Consortium awarded as microgrid service provider

The Maharlika Consortium has bagged a contract to provide electricity services in eight unserved areas in Cebu, Quezon and Palawan, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Cong. Alvarez says Nordeco must discontinue its ‘unreliable’ service

Davao del Norte First District Representative Pantaleon Alvarez said Northern Davao Electric Cooperative, Inc. (Nordeco) should stop providing electricity due to its expensive charges and unreliability......»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

BSP: Inflation surpassed target in March

Inflation likely continued its uptick in March but breaching the target of the central bank for the first time in three months amid more expensive electricity costs, oil and food prices......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Mission impossible: Embracing the nuclear ‘explosion’

A nuclear “explosion” of sorts could be on the horizon for the Philippines – one which could ensure a sustainable, sufficient and clean source of electricity for future generations, or one which could put the country in a deep hole......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Higher power rates in Baguio, Benguet this month

Electricity bills in this city and Benguet will increase this month......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

ACEN inks power purchase deal with Australian firm

A subsidiary of Ayala-led ACEN Corp. and SmartestEnergy Australia have signed an eight-year power purchase agreement to offtake renewable electricity generated from its solar project......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Government urged to develop natural gas industry

Developing the country’s natural gas industry is critical to driving investments that will enhance national energy security, reduce electricity costs and create more jobs for Filipinos, according to the Senate committee on energy technical working group......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Inflation halts 4-month decline

Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»

Category: financeSource:  philstarRelated NewsMar 4th, 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

Gatchalian wants to hold gencos accountable for power outages

Power-generating companies that are unable to provide a stable and steady supply of electricity should be held accountable for outages that result in economic losses, according to Sen. Sherwin Gatchalian......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

DOE should regulate NGCP

The messy situation between the DOE and NGCP is responsible for problems that inconvenience electricity consumers......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Meralco units join forces for sustainability initiatives

Manila Electric Co. local retail electricity supplier MPower and social development arm One Meralco Foundation have joined forces for programs that seek to build a sustainable future for the country......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024