Meralco

Manila Electric Company (Meralco) is the largest electricity provider in the Philippines, serving Metro Manila and neighboring provinces with a mix of distribution utility and power generation services. In 2025, Meralco reported a 10% increase in earnings but revised its sales forecast to 1-2% growth due to market challenges and cooler weather. The company is also expanding EV infrastructure through partnerships with Vietnamese firms and considering responses to recent stake acquisitions by San Miguel Corp.

This is an AI-generated summary based on recent coverage.
Last updated at August 2, 2025.

Recent stories about Meralco

Meralco revises 2025 sales forecast to 1-2% growth

Manila Electric Co. (Meralco) has revised its full-year 2025 energy sales forecast to one to two percent growth due to cooler weather and market challenges.
Read full story

Meralco partners with Vietnamese firms to develop EV infrastructure in PH

Manila Electric Co. (Meralco) has partnered with Vietnamese companies V-Green Global Charging Station Development Corporation and Green and Smart Mobility Joint Stock Company to support the development of green mobility solutions in the Philippines.
Read full story

Meralco forecasts P50B earnings for 2025, up 10% YTD

Manila Electric Co. (Meralco) expects its earnings for 2025 to exceed last year's P45.1 billion, with a projected consolidated core net income of P50 billion, according to Chairman and CEO Manny Pangilinan.
Read full story

Meralco aims to complete 49 MW battery storage system in Cebu by 2027

Meralco PowerGen Corporation aims to complete the first phase of its Battery Energy Storage System (BESS) in Toledo, Cebu by 2026, with full completion expected a year later.
Read full story

Meralco restores power for 99% of typhoon-hit customers, deploys boats for rescue

As of Wednesday afternoon, power has been largely restored across Meralco franchise areas affected by Typhoon Crising, with only about 2,790 customers still without electricity primarily in Cavite, Metro Manila, and Bulacan due to ongoing flooding.
Read full story

Meralco increases electricity rates by P0.49 per kWh due to higher generation and transmission charges

Manila Electric Company (Meralco) announced on Friday that electricity rates will increase by P0.49 per kilowatt-hour (kWh) in July due to higher generation and transmission charges.
Read full story

Meralco's Nueva Ecija solar project exceeds initial target, installs 772 MW

Meralco PowerGen Corp.'s (MGEN) Nueva Ecija project has installed 772 megawatts of photovoltaic panels, surpassing its initial target of 750 MW.
Read full story

Forty Phil firms rank in Fortune's SEA 500

Forty Philippine companies have been included in Fortune Magazine's 2025 'Southeast Asia 500' list, reflecting the country's growing importance as an engine of global growth.
Read full story

Meralco cuts electricity rates by nearly 11 centavos per kWh

Customers of Manila Electric Company (Meralco) will see lower electricity bills this June due to a decrease in generation charges.
Read full story

NASECORE urges DOE to review CSP for fair competition

Consumer advocacy group NASECORE has urged the Department of Energy (DOE) to review its circular on the competitive selection process (CSP), which is used to select power suppliers.
Read full story