unit opens new sales office

of residential was the same at 35 percent, while industrial share slipped to 28 percent from 30 percent.

Commercial led all segments with 9,162 g W h sales volume. With the resumption of face-toface engagements such as concerts, conventions, and business gatherings, demand from leisure and entertainment, hotels, retail, and restaurant sectors continued to improve. The shift in academic calendar also amplified the demand of educational institutions, as schools consumed more electricity during the hottest months of the year.

In the first semester, Meralco spent P14.1 billion for capital expenditures. Of the figure, P9.6 billion went to networks projects consisting of new connections, asset renewals, and load growth projects.

at the end of the first semester, Meralco’s customer base stood at 7.716 million, up 3 percent from 7.519 million a year ago, with the continuous energization of new customers.