Higher power rates if ‘yellow status’ in Luzon continues —Meralco exec

Rates may increase if the power situation in Luzon continues in the coming days, an official of the Manila Electric Company (Meralco) said Saturday. “May naganap na yellow alert kahapon. In the event na magpapatuloy ito, itong kamakailan ay madalas maganap ang yellow alert status, it will [have] impact [on the] rates,” Meralco’s Joe Zaldarriaga…

NGCP raises yellow alert on thin reserves for Luzon grid

The National Grid Corp. of the Philippines (NGCP) on Monday issued a yellow alert for the Luzon Grid from 10:00 a.m. to 5:00 p.m. on 13 June 2016, citing thin reserves on the heels of outages in several power plants.  According to the Manila Electric Co. (Meralco), the alert was issued due to the outage…