Meralco slashes electricity rate for January bill

MANILA – The Manila Electric Company announced lower power rate in its franchise areas for the first month of 2025. Meralco said electricity rate in January is reduced by PHP0.2189 per kilowatt hour (kWh) to PHP11.7428 kWh from PHP11.9617 kWh in December 2024.

Envision Energy Achieves Milestone with Philippines’ Largest Single Wind Power Contract

Manila, Philippines, (ANTARA/PRNewswire)- Envision Energy, a global leader in green technology, has reached a significant milestone by signing the Philippines’ largest single wind power contract to date. The landmark agreement awarded by ACEN, the renewable energy platform of the Ayala Group, involves the supply of 344.5 MW wind turbines for the Quezon North Wind project.

Hefty oil price hike to greet consumers Jan. 7

MANILA – A hefty oil price hike will greet motorists and consumers during the first few days of 2025. Oil firms will increase gasoline and kerosene prices by PHP1 per liter, and make a PHP1.40 per liter increment on diesel on Tuesday.