Manila Electric Co - updates

Rappler's latest stories on Manila Electric Co


Order Meralco to explain 'misleading' billing, SC asked

Mar 17, 2014 - 6:15 PM

Petitioners say Meralco s billing format can potentially mislead subscribers into paying larger amounts because it indicates in bold total amount due

SC asked to extend TRO on Meralco price hike

Feb 12, 2014 - 11:53 PM

The leftist lawmakers also asked that the High Court to prevent generation and supply companies from collecting the generation charges

ERC in hot seat at SC orals

Feb 11, 2014 - 7:54 PM

The ERC tells the High Court that the Automatic Generation Rate Adjustment rule encourages investors to put in capital

Meralco asks SC to lift TRO on rate hike

Feb 04, 2014 - 10:03 PM

The power distributor says the debate on its power rate hike is a matter of policy which will be best addressed by ERC and Congress and not by the Supreme Court

Meralco to defend price hike before SC

Feb 04, 2014 - 11:31 AM

It s the turn of Meralco represented by Atty Victor Lazatin and Retired Justice Florentino Feliciano to respond to accusations of inflating electricity prices

DOJ needs more time to probe power firms

Jan 30, 2014 - 8:03 PM

DOJ misses its deadline on the probe into possible violations of power firms that may have led to the temporarily halted Meralco price hike

Petilla endorses Malampaya subsidy bill

Jan 23, 2014 - 9:07 PM

Petilla says he will ask President Aquino to certify as urgent a bill expanding the use of the Malampaya fund

SC includes more power firms in Meralco case

Jan 10, 2014 - 6:55 PM

Oral arguments on the case have been set for January 21

'TRO on price hike puts Meralco at risk'

Jan 09, 2014 - 10:04 PM

Meralco comments before the SC on the price hike case saying it was just reflecting the generation charges imposed by power suppliers

Outcome of power producers 'collusion' probe out soon

Jan 05, 2014 - 6:29 PM

A committee composed of the Energy Regulation Commission the Department of Energy and the Philippine Electricity Market Corporation is investigating the reason for the steep increase in Meralco s rates

NO HIKE YET. File photo of Filipinos lining up for the electric bill subsidy given by the government in 2008. Photo from EPA/ Rolex dela Cruz

Group seeks 2nd TRO vs Meralco

Dec 20, 2013 - 6:57 PM

A new set of petitioners wants the High Court to stop Meralco from implementing its proposed power hike

Trillanes bill: Tap Malampaya for power subsidy

Dec 20, 2013 - 1:24 PM

Trillanes files a bill authorizing the use of the Malampaya fund to subsidize the power rate hike in Metro Manila

NO CASH. The cash portion of the Malampaya Fund is used for the national budget. Photo from Sembcorp Marine

Malampaya shutdown to hike Meralco rates

Oct 25, 2013 - 7:32 PM

The electricity bill of Meralco clients will increase by P1 to P2 per kwh in December since the Malampaya natural gas facility will go offline around the same time as the other power plants

HIGHER ELECTRICITY BILL. Meralco customers will pay more for their electricity in December because of the maintenance shutdown of Malampaya natural gas facility. File photo by AFP/Jay Directo

JG, San Miguel in talks over Meralco

Sep 25, 2013 - 6:37 AM

Friends enemies partners and rivals are already among the owners of power giant Manila Electric Co Meralco Will the Gokongweis be the next business group to join them?

FOR SALE? A minority stake in power giant Meralco is being eyed by the Gokongwei group? File photo by AFP

MVP group says will limit stake in Meralco

Jul 22, 2013 - 7:41 PM

The Manuel V Pangilinan group will limit the number of shares it will acquire in power distributor Manila Electric Co Meralco to avoid having to conduct a tender offer

BEEFING UP. The MVP group acquires more shares in power distributor Manila Electric Co. AFP PHOTO/Jay Directo

San Miguel sells Meralco shares to GSIS, MVP

Jul 19, 2013 - 11:35 AM

3rd UPDATE San Miguel Corp sells some of its stake in power giant Meralco to pension fund GSIS and the group of businessman Manuel V Pangilinan

AFP PHOTO/Jay Directo

San Miguel selling Meralco stake to fund oil, gas ventures

Jun 06, 2013 - 7:39 PM

The group s stake in Meralco is worth P142 5 B according to Bloomberg calculations

San Miguel president Ramon Ang listens during a press conference in Manila on August 28, 2012. AFP PHOTO/TED ALJIBE

San Miguel open to sell 36% stake in Meralco

May 09, 2013 - 3:43 PM

Diversified conglomerate San Miguel Corp is willing to sell its 36 stake the second biggest ownership block in the power giant

AFP PHOTO/Jay Directo

Meralco Q1 earnings up 19% despite revenue dip

Apr 22, 2013 - 12:59 PM

Lower expenses offset the decline in the company s electricity revenues

AFP PHOTO/Jay Directo

Meralco bill to increase by 27-cents in April

Apr 10, 2013 - 5:34 PM

The reasons include soaring electricity usage as summer sets in higher coal prices strong peso and maintenance shutdowns of power plants

CHARGES UP. Meralco electricity bills are expected to rise in April on higher charges. Photo by AFP

Meralco likely hit P16-B profit target for 2012 - MVP

Jan 16, 2013 - 2:39 PM

Pangilinan says Meralco probably met its 2012 core net income guidance due to higher electricity sales

ELECTRICITY COST. The country's biggest power distributor has initiated efforts to lower electricity prices. Photo from AFP

Higher Meralco bills seen in November

Nov 09, 2012 - 7:00 PM

Meralco says the generation transmission and system loss charges are up this month

CHARGES UP. Meralco electricity bills are expected to rise in November on higher charges. AFP PHOTO/Jay Directo

MVP taking 'baby steps' in Vietnam power investment

Nov 01, 2012 - 9:56 AM

Businessman Manuel V Pangilinan is only open to acquiring a minority stake in a Vietnam based power firm for now

'BABY STEPS'. Metro Pacific Investments Corp chair Manuel V. Pangilinan says his group will be modest in its planned investment in Vietnam's power industry

Meralco defers bill deposit collection to 2013

Oct 12, 2012 - 6:50 PM

Meralco defers collection of bill deposit payments to January 2013

PH should manufacture own electric vehicles, says MVP

May 27, 2012 - 9:38 PM

E trikes e jeepneys and e cars could be the wave of the future and Manuel V Pangilinan says his company wants to jump on board and invest in clean transportation

MVP plans to sell stake in Rockwell to Lopez group

May 25, 2012 - 7:27 PM

Manuel Pangilinan and other shareholders of Meralco are considering selling their shares in real estate company Rockwell Land