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.

Vietnam proposes new electricity pricing for EV charging stations

The rapid growth of electric vehicles (EVs) in Vietnam is driving a surge in electricity demand for charging stations, with rates for these facilities expected to be set between industrial and commercial electricity pricing. The highest proposed rate could reach 4,937 VND/kWh ($0.20).

PH coal consumption rises amid surging power demand

The Philippines’ coal consumption continues to rise, driven by growing power demand despite the government’s push for renewable energy. In a report by the Philippine Star, the International Energy Agency (IEA) stated that coal use in the Philippines likely increased by 5% in 2024 to 42 million tons, up from 40 million tons in 2023.