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The Energy Regulatory Commission (ERC) has directed the Manila Electric Company (Meralco) to refund a total of P9.51 billion to its customers, at an average refund rate of PO.3448 per kilowatt-hour (kWh). The directive, issued in ERC Case Nos. 2025-178 RC and 2026-040 RC, covers Meralco’s regulatory “true-up” of its distribution charges for the period […]
The Energy Regulatory Commission (ERC) has rendered its final decision in ERC Case No. 2025-025 RC, directing the Manila Electric Company (Meralco) to refund the remaining balance of P14.17 billion to its customers. This directive follows the completion of Meralco’s regulatory “true-up” process for the distribution charges implemented from July 2022 to December 2024. The […]
The Energy Regulatory Commission (ERC) commenced evidentiary hearings at its main office in Pasig City for ERC Case No. 2026-016 RC, presided over by ERC Chairperson and CEO Atty. Francis Saturnino Juan. The case involves the application of the Manila Electric Company (Meralco) for the approval of its Annual Revenue Requirement (ARR), Performance Incentive Scheme […]
Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has successfully energized the MTerra Solar project as a generator – marking the moment the facility went live and began delivering electricity to the grid. The milestone marks the first electron from MTerra Solar sent through to the Luzon grid, signaling that the facility is […]
The Energy Regulatory Commission (ERC) conducted a pre-trial conference recently as part of its continuing review of the Manila Electric Company’s (Meralco) application for proposed distribution rates for the First Regulatory Period (R.Y. 2027–2030). Meralco previously filed its application seeking approval of its Annual Revenue Requirement (ARR), Performance Incentive Scheme (PIS), and Smoothed Maximum Average […]
The Energy Regulatory Commission (ERC) conducted on Tuesday, 03 March 2026, a public hearing and expository presentation on the application of Manila Electric Company (Meralco) seeking approval of its proposed distribution rates for the first regulatory period 2027–2030. The initial hearing forms part of the Commission’s regulatory review process before any rate adjustments may be […]
Senator Risa Hontiveros welcomed the P19.9 billion refund to consumers ordered by the Energy Regulatory Commission (ERC) to Manila Electric Co. (Meralco), but maintained that the amount is “only a small tranche” compared to the estimated P100 billion owed to consumers by the country’s largest power utility. “Magandang balita ang refund para sa mga kababayan […]
Senator Risa Hontiveros said that the Manila Electric Company (Meralco) must be made to refund an estimated P100 billion excessively paid by power consumers across the years, due to various forms of overcollections made by the distribution utility giant. Hontiveros’ statement comes after her interpellation on the proposed renewal of Meralco’s legislative franchise, in which […]
The House of Representatives, voting 186-7 with four abstentions, approved on third and final reading House Bill No. 10926, renewing for another 25 years the franchise granted to the Manila Electric Company (Meralco), under Republic Act 9209. RA 9209 granted Meralco a franchise to construct, operate and maintain a distribution system for the conveyance of […]
Senator Win Gatchalian said a resetting by the Energy Regulatory Commission (ERC) of the power distribution rate for key distribution utilities (DU), such as the Manila Electric Co. (Meralco), could lead to a higher refund for consumers. The vice-chair of the Senate Committee on Energy made the statement following an estimate made by Meralco that […]