Consumer rights advocates welcomed the unexpected cut in electricity rates announced recently by Meralco, at a time when rates traditionally skyrocket because of lean supply. “Consumers will appreciate lower electric bills especially now that we are heavily burdened with rising cost of commodities and fuel,” said Dindo Manhit, President of independent think tank Stratbase ADR […]

The IEC, Histadrut and Ministry of Finance have agreed terms for opening up Israel’s electricity sector to private competition. The Israel Electric Corporation (IEC), Histadrut (General Federation of Labor in Israel) and Ministry of Finance reached a collective agreement last night setting out details for implementing the reform of the electricity sector, which would end […]