Meralco energy sales rose to an estimated 41,054 gigawatt-hours (GWh) in the first nine months of 2026, from 40,719 GWh a year earlier, as new service connections helped offset softer underlying demand.
Meralco energy sales by customer segment
Senior Vice President Charina Padua said residential sales increased to 14,731 GWh from 14,520 GWh in the first three quarters of 2025, supported by continued energization efforts.
Commercial sales rose to 15,393 GWh from 15,237 GWh as retail and restaurant establishments continued to expand.
Industrial demand slips
Industrial sales edged down to 10,819 GWh in January through September, from 10,852 GWh a year earlier. Gains from the semiconductor sector were largely offset by weaker demand from steel and plastics businesses.
Meralco shares fell 21.40 Philippine pesos, or 4.86%, to 418.60 pesos on October 23, 2026.
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