Impact of San Miguel supply deal suspension to be felt in January billing month —Meralco

The impact of the cessation of supply deal between the Manila Electric Company and San Miguel’s South Premier Power Corp. will be felt by customers in the January billing month, an official of the power distribution firm said Saturday. with Meralco after the Court of Appeals issued a temporary restraining order suspending the PSA for 60 days.

Meralco earlier said it is negotiating with power generation companies to fill the 670-MW supply it lost after SPPC ended their power supply deal to shield customers from potential price increase. Feliciano reiterated that Meralco is negotiating with power generation companies to fill the 670-MW supply it lost after SPPC ended their power supply deal to shield customers from potential price increase.

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