Goodbye, SPNEC: MVP rebrands Leviste’s solar firm, lines up P5-B deal
A new name, five more solar businesses, and a possible “re-IPO,” but Meralco’s makeover can’t quite banish Leviste’s past or the P10.34-billion headache that comes with it
A new name, five more solar businesses, and a possible “re-IPO,” but Meralco’s makeover can’t quite banish Leviste’s past or the P10.34-billion headache that comes with it
Today’s headlines: Bato dela Rosa, Gibo Teodoro, Meralco
Expect too Meralco’s higher distribution charges to kick in next month, but a newly approved refund could soften that impact on consumers
Climate and energy groups claim that privatization will fail to resolve the power crisis and will instead compound the cooperative’s existing debt
After its first rate review in 15 years, Meralco has won regulatory approval to raise its distribution charges even after already posting a record P51.13 billion in profits in 2025
While the VAT removal is still welcome relief, expect savings to be modest as the much larger underlying system loss charge is unlikely to disappear from electricity bills anytime soon
The 80-year-old tycoon says the next crop of leaders will be in their 30s or early 40s, adding that they can’t be ‘the run-of-the-mill legacy guys majored in HRM or home economics’
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
Today’s headlines: Sara Duterte impeachment, Manuel Bonoan, Meralco
System loss may dominate the debate, but generation costs makes up the vast majority of your electricity bill – and fixing it could cut Luzon household rates by up to 28%, says the World Bank