Tag: Electricity
Citicore gains 38% on power sales
Citicore Renewable Energy Corp. booked a 38 percent surge in its net income for the first half of the year, hitting P630 million compared...
Meralco’s rates for August likely to go up
Ahead of official announcements of rate adjustments for August, the Manila Electric Co. (Meralco) said the cost of electricity in its franchise area would...
Feb electricity spot market prices dip avg 7.8% on-month
The average price of electricity sold on the Wholesale Electricity Spot Market (WESM) nationwide in February dropped 7.8 percent from the preceding month, the Independent Electricity...
UPDATE: Feb inflation eases to 2.1% from 2.9% in Jan
Inflation slowed to 2.1 percent in February from 2.9 percent in January this year, mainly due to milder increases in food and non-alcoholic beverage...
2024 power generation cost falls 11.5%
The Energy Regulatory Commission (ERC) said yesterday the national average generation rate in 2024 declined by 11.5 percent to P6.64 per kilowatt hour (kWh) from P7.50 per...
