Meralco’s peak demand predicted to grow 2.9% to 8,346 MW this year

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Meralco’s peak demand predicted to grow 2.9% to 8,346 MW this year
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Power retailer Manila Electric Co.’s peak demand is expected to increase 2.9 percent this year to 8,346 megawatts from 8,111.02 MW in 2022.

“The magnitude of these will only be realized as the industry continues to develop,” the company said. Residential customers are expected to account for 49.3 percent of the total captive consumption at the end of the forecast period.

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