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PANAY Electric Co., Inc. (PECO) said it will “immediately “ ask the Supreme Court to reconsider its decision to block the implementation of a local court’s judgment that stopped Iloilo City’s new distribution utility from taking over the company’s assets.
PANAY Electric Co., Inc. (PECO) said the “heavily worded” notice of the Energy Regulatory Commission (ERC) on the power distribution company’s alleged operational lapses omitted the valid points in its favor.
THE Energy Regulatory Commission (ERC) has directed Panay Electric Co., Inc. (PECO) to explain the “apparent operational lapses” found by the agency’s inspection team and why the distribution utility should not be imposed an administrative penalty or held criminally liable for its violations.
MORE Electric and Power Corp. (MORE Power) has expressed interest to join the Iloilo City government’s planned auction of the assets of its rival firm, Panay Electric Co. (PECO) on Dec. 12.
THE ILOILO City government is putting up for auction today, Nov. 12, the assets of Panay Electric Co. (PECO), which have unpaid real estate taxes for two years. Mayor Jerry P. Treñas on Monday said the City Treasurer’s Office will proceed with the sale of the assets valued at P90 million.
PANAY ELECTRIC Co., Inc. (PECO) is allocating about P1.1 billion in the next 10 years to upgrade and expand its existing facilities, including the construction of new substations and the replacement of its meters with “smart” ones, a company official said.
PANAY ELECTRIC Company, Inc. (PECO), which has re-filed an application before Congress for the renewal of its franchise to distribute power in Iloilo City, has questioned the capability of its competitor, MORE Electric and Power Co. (MORE Power), to set up its own network.
PANAY ELECTRIC Co., Inc. (PECO) has filed its motion for reconsideration to an Iloilo court’s decision allowing MORE Electric and Power Corp. (MORE Power) to take over its assets.
A MANDALUYONG court has declared sections of the law that granted Razon-led MORE Electric and Power Corp. a franchise as a distribution utility in Iloilo City as void and unconstitutional for infringing on the right of the area’s existing electricity distributor Panay Electric Co., Inc. (PECO) to due process and equal protection of the law.
HEARING RESUMES Tuesday, July 2, on the expropriation case filed by MORE Electric and Power Co. (MORE Power) for Panay Electric Co. Inc.’s (PECO) assets.
ILOILO CITY — Panay Electric Co., Inc. (PECO), the embattled power distributor in lloilo City, filed a criminal case against two outgoing councilors and two other persons for allegedly damaging the company’s reputation.
AMID the protracted battle between Panay Electric Co. (PECO) and More Electric Power Corp. (MORE) over power distribution in Iloilo City, consumer group i-Konsumidor on June 13 filed a Complaint in Intervention before Regional Trial Court Branch 37 in Iloilo City.
THE ILOILO City Regional Trial Court (RTC) Branch 37 will start hearing on June 13 the application for writ of possession filed by MORE Electric and Power Corp.
ILOILO CITY’S power distributor, Panay Electric Company, Inc. (PECO), said it would be “premature” for the Iloilo Regional Trial Court (RTC) to proceed with the hearings on the expropriation of its assets by its competitor, MORE Electric and Power Corp. (MORE Power), without a ruling on another case filed before the Mandaluyong RTC.
THE ILOILO Regional Trial Court (RTC) Branch 37 has denied the motion for reconsideration filed by Panay Electric Company, Inc. (PECO) against the hearings on the expropriation case filed by More Electric and Power Corp. (MORE Power).
PANAY ELECTRIC Co., Inc. (PECO) has been granted provisional authority by the Energy Regulatory Commission (ERC) to continue operating in Iloilo City as the company’s certificate of public convenience and necessity (CPCN) expires Saturday (May 25).
THERE will be no power disruption in the Iloilo area despite the end of the franchise of Panay Electric Co. (Peco), the Department of Energy (DoE) said on Friday.
ILOILO CITY — The city’s sole power distributor, Panay Electric Company, Inc., (PECO), gave assurance on Thursday that it will continue to operate even after the expiration of its franchise on Jan. 19.
PANAY ELECTRIC Co. (PECO) has dismissed Tuesday’s protest against its alleged high power rates, noting that those who joined the rally in front of the Energy Regulatory Commission’s (ERC) Manila office are not involved in past complaints filed by consumers.
PANAY ELECTRIC Company, Inc.’s (PECO) operations in the last eight years has improved, according to a study commissioned to a Singapore-based firm, but the review did not include the customer service aspect.
ILOILO CITY — Panay Electric Co. (PECO), whose franchise is due to expire in 2019, remains hopeful that it will get a renewal from...
A THIRD party assessment on Panay Electric Company (PECO) will be presented to the House of Representatives as the sole power distributor in Iloilo...