Why oil forecasts fail when war, inventories, and China rewrite the math
‘System loss is not unique to any distribution utility but is a common operational aspect of the delivery of electricity,’ Meralco says in a statement, adding that its system loss rate was ‘well below’ the 6.5% cap set by regulators
The increase follows last week’s big jump, when diesel rose by P10.68 per liter and gasoline by P3.65 per liter
Behind that popular declaration lies a complicated regulatory system that has protected distribution utilities from costs that most businesses would normally be expected to manage
This year’s SONA seems to be a bit more polished and better crafted—in form, at least. In terms of substance, though, it’s terribly populist.
Government should recover revenues lost in tax reforms by plugging tax evasion and running after those with unexplained wealth
The implementation of the minimum wage increase is halted until at least August 13 by a temporary restraining order issued by a Pasig Regional Trial Court
(1st UPDATE) The refund adds to growing scrutiny of Meralco’s electricity charges following President Ferdinand Marcos Jr.’s push to remove system loss charges
This is just part of the P8.7 billion in unrecovered pass-through costs that the Energy Regulatory Commission has allowed Meralco to collect over three years, in a newly released decision
The latest rollback suggests some easing after global oil and refined fuel prices surged in late July due to renewed tensions in the Middle East