Philippine Electricity
Philippines’ Meralco posts 20% net income growth in first nine months
Its reported net income stood at P19.8b (US$341m).
Philippines’ Meralco posts 20% net income growth in first nine months
Its reported net income stood at P19.8b (US$341m).
Philippines’ Meralco core income climbs 15% in first half
The company recorded a net income of P12.1b during the period.
Higher generation costs push Philippine April rates up
Meralco reported the overall rate for a household went up to P10.18 per kWh from P9.64.
Philippines’ Meralco net income climbs 13% in 2021
This was driven by energy sales volumes that nearly hit its pre-pandemic levels.
Philippine electricity demand growth hinges on vaccine drive: report
It is expected to show an annual growth of 5-6% until 2024.