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Foreign Exchange
Photo: Judgefloro / Wikimedia Commons (CC0)NewsNationalElectricity Rates & Power Markets3 sources
DOE, ERC seek ways to soften weak peso’s hit on power bills
Garin will meet ERC Chair Juan on delaying rate effects after the peso breached P64:$, while the regulator says its usual consumer cushions are already in use.
Photo: Marek Ślusarczyk (Tupungato) / Wikimedia Commons (CC BY 3.0)NewsLuzonElectricity Rates & Power Markets3 sources
Meralco warns weaker peso could lift generation charges on customer bills
Utility says over half its power supply is tied to foreign exchange, though its own distribution charge should not be affected.