What are the competitors of Meralco?

Meralco, a major electric utility in the Philippines, faces competition from various players in the energy sector. Key competitors include independent power producers (IPPs) like Aboitiz Power, First Gen Corporation, and Energy Development Corporation, which generate electricity and sell it to the grid. Additionally, newer market entrants and retail electricity suppliers (RES) are emerging due to the deregulation of the electricity market, providing consumers with more choices. The competitive landscape is further shaped by renewable energy companies focusing on solar and wind power.