Manila Electric Company (MER) is a distribution utility organized on May 7, 1919, which holds a congressional franchise under Republic Act (RA) No. 9209 effective June 28, 2003. RA 9209 granted MER a 25-year franchise valid through June 28, 2028 to construct, operate, and maintain the electric distribution system in the cities and municipalities of Bulacan, Cavite, Metro Manila, and Rizal and certain cities, municipalities, and barangays in the provinces of Batangas, Laguna, Pampanga, and Quezon. On February 4, 2025, MER's franchise was renewed for another 25 years starting in 2028, under House Bill No. 10926.
The principal business of MER is the distribution and sale of electric energy through its distribution network facilities in its franchise area. The Company's market is categorized into four classes namely, residential, commercial, industrial, and streetlights.
MER's subsidiaries include Meralco Industrial Engineering Services Corporation; Corporate Information Solutions, Inc; Meralco Energy, Inc.; e-Meralco Ventures, Inc.; Meralco Financial Services Corporation; Clark Electric Distribution Corporation; and MERALCO PowerGen Corporation.
The Manila Electric Company, commonly referred to as Meralco, is the largest electric power distribution company in the Philippines. It is the sole electric power distributor in Metro Manila and holds the power distribution franchise for 39 cities and 72 municipalities, including all of Metro Manila and the exurbs that form Mega Manila.
Meralco on Wikipedia →Average % return by calendar month, up to 1 yearof history. Only a few years back each month, so this is descriptive color, not a predictable “month effect.”
Delayed/EOD data, not real-time. Every figure here is a descriptive statistic on past closing prices — not a forecast, a stock pick, or a buy/sell signal, and not financial advice.