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Gov’t agencies get energy-efficient service vehicles

MANILA—Spearheading the drive towards energy efficiency, Energy Secretary Alfonso Cusi and Japanese Ambassador to the Philippines Kazuhide Ishikawa turned over Friday 24 advanced hybrid vehicles to various national government agencies (NGAs). During the ceremonial turnover held at the Department of Energy’s (DOE) headquarters, Cusi highlighted the “promotion and mainstreaming of efficient, emerging and advanced energy …

Meralco to hike electricity rate by Php 0.67/kwh starting March billing

MANILA—The Manila Electric Company (Meralco) announced that the Energy Regulatory Commission (ERC) has approved the staggered incremental fuel cost to be charged over a period of three months beginning this March this year. The staggered scheme would help ease the effect of the Malampaya shutdown on consumers’ bills, Meralco said. In Meralco’s application filed last …

Meralco cites gains in 2016

MANILA—The Manila Electric Company (Meralco) had a reasonably favorable 2016, its president and chief operating officer, Oscar Reyes, has said. Meralco reported that its audited consolidated core net income last year amounted to PHP19.6 billion, 4 percent higher than in 2015. By the end of the year, consolidated reported net income amounted to PHP19.2 billion. …

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