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Advisory on Rotational Brownout (March 12, 2010)
There will be a rotational brownout today, Friday, March 12, 2010, between 9AM to 7PM due to the insufficient generation power capacity of the power generation suppliers.
Meralco files petition seeking to lower Generation Charge
The Manila Electric Company today (March 9) filed a petition before the Energy Regulatory Commission (ERC) seeking to lower by 44.46 centavos the increase in the generation charge for March 2010 billing, from P1.8298 per kwh which it is allowed to recover under the guidelines prescribed by ERC, to P1.3852 per kwh.
Deadline for submission of nominees for members of Board of Directors set
The deadline for the submission of nominations for regular and independent directors to the Company’s Board of Directors for election during the annual stockholders’ meeting on May 25, 2010 is on March 12, 2010.
2009 Year-End Results
MANILA, PHILIPPINES, 22nd FEBRUARY 2010 – Manila Electric Company
(“MERALCO”) (PSE: MER) today announced that its Consolidated Core Net Income,
which excludes one-time, exceptional charges, stood at Pesos 7.0 billion, which is 169%
better than the Core Net Income in 2008 of Pesos 2.6 billion.
Meralco cries foul on overcharging allegations
The Manila Electric Company dispelled reports that it overcharged customers by an alleged amount of P7 billion in 2004 and 2007.
Consumers to brace for higher power rates
After nine months of continuous declines in the cost of power resulting to a cumulative drop in the generation charge of P1.10 per kWh, consumers have to be ready now for a period of higher power rates.
Meralco files manifestation for suspension of recently-approved 3rd PBR application
The Manila Electric Company today announced that it had filed a manifestation at the Energy Regulatory Commission (ERC) on its implementation of the recently approved Maximum Average Price for Regulatory Year 2010 under Performance Based Regulation (PBR).
Generation insufficiency causes rotating brownouts
The Manila Electric Company (Meralco) today said that Manual Load Dropping (MLD) was implemented starting at 1:38 p.m. due to the generation insufficiency brought about by the outage of Sual unit 1 at 12:41 p.m.
Nomination for the 4th Gawad Haydee Yorac ends Jan. 15 at 5 p.m.
Nominations must be received at the Gawad Haydee Yorac Secretariat, Marketing Programs, 11th floor, Lopez Building, Ortigas Avenue, Pasig City.
Net reduction in customers’ bills expected in January 2010
The Manila Electric Company (Meralco) today said that the generation charge is expected to significantly go down in January 2010 following the full use of banked gas by the natural gas plants this December...
Meralco assures power supply for New Year's celebration
The Manila Electric Company (Meralco) said in a statement today that it is ready to provide 24-hour assistance during the New Year celebration. Meralco External Communication Manager Joe Zaldarriaga said that all its emergency...
Generation charge to go down this month
The Manila Electric Company (Meralco) announced today that for the billing month of December, there will be a P0.0257 per kilowatthour reduction in the generation charge.
Nationwide search begins for 4th Gawad Haydee Yorac awardee
The Manila Electric Company (Meralco) recently announced that the nationwide search has begun for the fourth awardee of the Gawad Haydee Yorac for Outstanding Public Service.
Meralco Christmas program call for entries
The Manila Electric Company (Meralco) enjoins its customers to be united in celebrating Christmas through its Maliwanag ang Pasko 2009 program.
Meralco declares cash dividend
The Board of Directors of Meralco approved the cash dividend declaration of P1.50 per common share to stockholders of record as of November 13, 2009. The cash dividend will be payable on December 11, 2009.
MERALCO and SMART partner to empower customers
The Manila Electric Company (MERALCO), in cooperation with Smart Communications, Inc. (SMART) will soon launch a mobile phone service named MERALCO Mobile Services that seeks to provide customers with a communication tool that will connect them with MERALCO anytime, anywhere.
Meralco brings home the gold in the 33rd International Convention of Quality Control Circles
Making its presence felt in its first foray into an international QC competition, Meralco bagged the Gold Award in the International Quality Control Circles Competition - Non-Production Category during the 33rd International Convention of Quality Control Circles (ICQCC) held at the Cebu International Convention Center in Mandaue City last October 23-24, 2009.
Meralco Clinches Three Quills
The Manila Electric Company (Meralco) garnered three awards for Communication Management and Skills at the 2009 Philippine Quill Awards of the International Association of Business Communicators (IABC).
Generation charge to go down again this month
The Manila Electric Company (Meralco) announced that for the billing month of October, there will be a P0.11 per kilowatthour reduction in the generation charge.
No manual load dropping today (as of 10/12/09, 11:50 AM)
Customers can expect a brownout-free day today, as bank nos. 3 and 4 of Dolores substation are already energized.
Meralco delves into Twitter
The Manila Electric Company (Meralco) said that in order for the company to fully inform its customers of company updates, the power distributor has delved into online social networking and micro-blogging site, Twitter.
Power situation update (as of 10/09/09, 5 PM)
Meralco held a press briefing this afternoon to apprise reporters of developments in the power situation.
Meralco announces interruption schedules for areas affected by power interruptions (as of 10/09/09, 5 PM)
As part of keeping its customers updated with the schedule of the latest power interruptions, Meralco has launched a Power Interruption Schedule page on its official website.
Meralco completes substation repairs (as of 10/09/09, 11 AM)
The Manila Electric Company (Meralco) said that the series of rotating brownouts will continue today (Oct. 9) even as the three Meralco substations were all restored today after repairs were completed.
Customer News
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