Meralco sees rise in Q1 sales

popular .

Ms. Universe Philippines Pia Wurtzbach says President Aquino 'fun to talk to'

‘Due to misleading info, Aquino angered at lost chance to remedy Mamasapano’

Ex-Sexbomb member Jopay Paguia suffers miscarriage

AFP sees no need to deploy more troops in West PH Sea

Fil-Am honor student brutally beaten in San Jose mall

Bb. Pilipinas Universe is Inquirer Lifestyle’s own, a best friend

People to Aquino: Mamasapano explanation 'not enough'

Aquino headed for downward spiral, says House minority

videos

PBA: Ginebra’s LA Tenorio comfortable on the floor with Emman Monfort

PBA: Agustin credits good defense, big men performance for win over Purefoods

PBA: Warner’s maturity big thing for Globalport, says coach Gonzales

Crime watchdog wants advisory body composed of bishops, inter-religious leaders

Former Tarlac Governor calls Aquino to resign

MANILA, Philippines–Manila Electric Co. expects its energy sales to increase by 2.5 percent year-on-year in the first quarter of 2015 from year-ago level as consumption recovered.

Meralco president Oscar Reyes told reporters that combined sales in January and February grew by about 2 percent from the level in the same period in 2014.

“We recovered from negative January (sales),” Rey es said.

January sales dropped by 0.6 percent from a year ago but February was, compared to a year ago, about 2.5 percent higher. Thus, combined January-February sales growth was slightly below 2 percent, he said.

“January was down because we had too many holidays, including the Papal visit. In February, the temperature started getting warm which is seen further rising in March,” he said.

The cool temperature in January also tempered energy consumption, he said.

On the tight supply situation and the Malampaya gas platform shutdown this summer, Reyes said that there might be additional power available for contracting.

Supply and demand seemed stable for the first 15 days of March, Reyes said.

There seems to be enough power reserves at the moment and the key to avoiding outages is keeping the power plants running as expected, Reyes said.

Get Inquirer updates while on the go, add us on these apps:

• Tags:




• Energy




• forecasts




• Meralco




• sales

Related Stories:

• Australia investigates ‘paedophile’ father in Thai baby scandal


• Bangladesh ferry owner faces charges in sinking


• Bangladesh ferry owner faces charges in sinking


• Bangladesh ferry owner faces charges in sinking


• Bangladesh ferry owner faces charges in sinking


• Bangladesh ferry owner faces charges in sinking


• Bangladesh ferry owner faces charges in sinking


• Bangladesh ferry owner faces charges in sinking

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.

Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:

c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94

seo tools