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ERC urged to probe Iloilo power failures

PANAY Electric Co., Inc. (PECO), the former franchise holder of Iloilo City’s power distribution, has called the attention of the Energy Regulatory Commission (ERC) to look into how its rival MORE Electric and Power Corp. has been handling electricity distribution during the lockdown period.

PECO moves to stop takeover of power assets

PANAY ELECTRIC Co., Inc. (PECO) has asked the Court of Appeals in Cebu to stop the take over of its power distribution assets in Iloilo City by MORE Electric and Power Corp. after a local court issued a writ of possession in favor of the Razon-led company.

3rd judge inhibits from PECO-MORE case

ANOTHER JUDGE at the Iloilo Regional Trial Court (RTC) has inhibited herself from the expropriation case filed by new player MORE Electric and Power Corp. (MORE Power) against Panay Electric Co., Inc. (PECO), citing ties with the latter’s owners.

PECO settles Iloilo City property tax obligations

PANAY ELECTRIC Co., Inc. (PECO) said it had paid nearly P135 million to the Iloilo City government as settlement of its real property tax (RPT) obligations.

PECO to appeal SC TRO blocking Mandaluyong RTC expropriation ruling

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.

PECO hits back at ERC over ‘heavily worded’ notice

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.

PECO ordered to explain ‘operational lapses’

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 Power to join Iloilo City auction for PECO’s assets

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.

Iloilo to auction P90M PECO assets with unpaid property taxes

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.

MORE allots P1.7 billion for Iloilo power system

MORE Electric and Power Corp. has countered the projected capital outlay of Panay Electric Co., Inc. (PECO) with a bigger budget at a shorter period of P1.7 billion to upgrade the power distribution system of Iloilo City.

PECO allots P1 billion to upgrade facilities

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.

PECO asks: Why hasn’t MORE Power started setting up its own...

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.

PECO given until Aug. 28 to reply to MORE Power’s opposition

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.

Razon’s firm stopped from taking over PECO 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 on PECO-MORE Power expropriation case resumes July 2

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 power firm PECO sues city councilors, 2 others

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.

Consumer group demands refund from PECO

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.

MORE Power-PECO expropriation case hearing set June 13

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.

PECO says expropriation hearings ‘premature’ without ruling on MORE Power’s franchise

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.

Iloilo court to proceed with PECO-MORE Power expropriation hearings

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).

PECO gets provisional authority to continue power distribution in Iloilo

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).

PECO gets 20-day TRO vs MORE Power

THE MANDALUYONG Regional Trial Court Branch 209 approved on March 13 Panay Electric Company, Inc.’s (PECO) petition for a temporary restraining order (TRO) against More Electric and Power Co. (MORE Power), effective for 20 days.

Peco assures no power disruption despite end of franchise

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.

PECO assures it will not leave ‘Iloilo in darkness’ as franchise...

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.

PECO says protest vs alleged high rates baseless

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.

PECO network improved in last 8 years, but still lags in...

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.

PECO remains optimistic of franchise renewal after Senate warning

ILOILO CITY — Panay Electric Co. (PECO), whose franchise is due to expire in 2019, remains hopeful that it will get a renewal from...

Independent assessment of PECO to be presented to Congress

A THIRD party assessment on Panay Electric Company (PECO) will be presented to the House of Representatives as the sole power distributor in Iloilo...