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Average power spot market prices up in March - Vimarsana News

Average power spot market prices up in March

The average wholesale electricity spot market (WESM) price rose by 12.60% to P6.97 per kilowatt-hour (/kWh) in March, compared last month's level, IEMOP reported.

Net metering: Can it alleviate power supply, costs woes? - Vimarsana News

Net metering: Can it alleviate power supply, costs woes?

In September 2020, Florencio Fernando, a returning overseas Filipino worker from the Middle East, decided to invest his hard-earned money on a solar photovoltaic system for his home in Valenzuela City.

ERC urges gov't: Develop new energy sources to lower rates - Vimarsana News

ERC urges gov't: Develop new energy sources to lower rates

Energy Regulatory Commission chairperson Agnes Devanadera  said Sunday that the government should focus on developing new sources of energy to help reduce household electricity rates in the country.

Gencos warned vs excessive unplanned power blackouts - Vimarsana News

Gencos warned vs excessive unplanned power blackouts

With the dry months and election period approaching, the Energy Regulatory Commission has warned generating companies against exceeding unplanned outage or they face penalties.

ERC to Veco: Probe 'extortion' try - Vimarsana News

ERC to Veco: Probe 'extortion' try

VISAYAN Electric Co. (VECO), the distribution unit of Aboitiz Power Corp., was ordered by the Energy Regulatory Commission (ERC) to probe alleged extortion by its contractors in exchange for speedy restoration of electricity to select customers. The ERC told VECO to conduct a thorough investigation of alleged rampant extortion and…