MANILA, Philippines — Customers of power distributor Manila Electric Co. (Meralco) can expect a refund of about P19.1 billion once the Energy Regulatory Commission (ERC) approves its application.

Customers of the Manila Electric Company (Meralco) can expect a refund of around 19 centavos per kilowatt-hour (kWh) in the coming months, which the distributor plans to do over a 36-month period.

THE SENATE on Tuesday approved on second reading a bill that seeks to extend Manila Electric Co.’s (Meralco) franchise for another 25 years. Under House Bill No. 10926, Meralco will be allowed to ...

The Manila Electric Co. (Meralco) was recognized by the Philippine Animal Welfare Society (PAWS) for its contributions to promoting animal welfare. The Platinum Paw award, which was bestowed last ...

MANILA, Philippines — Tycoon Manuel V. Pangilinan’s Manila Electric Co. (Meralco) is borrowing up to P75 billion this week from a consortium of the country’s top private banks to finance its ...

More than 20 industry groups have expressed support for the renewal of Meralco's franchise, according to a press statement by Senator Joel Villanueva on Tuesday. Villanueva, author of Senate Bill 2824 ...

Meralco’s recent announcement about a reduction in electricity rates offers a welcome relief amid the ongoing rise in costs that consumers are facing today. A decrease of P0.2189 per kilowatt ...

Meralco, which also has a sizable power generation portfolio, told the local bourse on Tuesday that it has a credit facility with BDO Unibank Inc., Bank of the Philippine Islands, and Metropolitan ...

MANILA Electric Co. (Meralco) on Tuesday said that it would draw from a P75-billion credit loan facility with three domestic banks this week to fund planned investments. In a disclosure to the ...

RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see a reduction in their electricity bills this month, mainly due to lower generation charges for the period. The overall ...

MANILA, Philippines–Meralco arrested a two-game skid after holding off guest team Hong Kong Eastern, 88-83, in the resumption of the PBA Commissioner’s Cup Sunday at Smart Araneta Coliseum.