Senator Rodante Marcoleta has filed a bill seeking to exempt households that consume 135 kilowatt-hours (kWh) or less of electricity each month from paying electric bills. In filing the unnumbered bill, Marcoleta sought to amend the Electric Power Industry Reform Act (EPIRA) to expand and improve...
Senator Sherwin Gatchalian on Sunday, April 27 welcomed the 10-year extension of the corporate life of the Power Sector Assets and Liabilities Management Corporation (PSALM) as this would help bring down the cost of electricity in the Philippines. “The extension of the corporate life of...
Senator Pia Cayetano led a review of the decades-old Electric Power Industry Reform Act (EPIRA) of 2001 on Thursday, Oct. 17 I a bid to strengthen the Energy Regulatory Commission (ERC). Senator Pia Cayetano (Senate PRIB) She says this is in response to the pressing need to review and update...
The bargaining chip dangled by the Department of Energy (DOE) on the proposed corporate life extension for state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is to prevent transfer of P300 billion worth of its residual debts to the national government coffers. “At this...
SAGIP Party-list Reps. Rodante Marcoleta (left), Caroline Tanchay (Facebook) SAGIP Party-list Reps. Rodante Marcoleta and Caroline Tanchay are prodding the House of Representatives to take up their proposed measure to tighten the prohibition on...
TORONTO – The Energy Regulatory Commission (ERC) is enthusiastically poring over the structural changes implemented by the Ontario Energy Board (OEB), primarily on regulation frames that are also viable for enforcement in the Philippine power sector. Following a meeting with Ontario Energy Board...
TORONTO – The Nuclear Energy Program Inter-Agency Committee (NEPIAC) led by the Department of Energy (DOE) is seeking the concurrence of the Department of Finance (DOF) to a proposed deal with the South Korean government on a new feasibility study that must be undertaken to re-assess technical...
Senator Joseph Victor “JV” Ejercito on Thursday, May 25 reiterated his call for Congress to revisit the Electric Power Industry Reform Act (EPIRA), noting that it has failed to bring down the cost of electricity in the country. Ejercito said it is “possible to amend” the law “because...
Senators on Wednesday, May 24 expressed their disappointment after officials of the National Grid Corporation of the Philippines (NGCP) confirmed earlier claims that most of its profits went to the pockets its stockholders. This was bared by NGCP Assistant Corporate Secretary Ronald Dylan Concepcion...
Marinduque lone district Rep. Lord Allan Velasco While the House Committee on Energy is "very committed" to the efforts to amend the 22-year-old Electric Power Industry Reform Act (EPIRA), it says the Senate should also get a move on things. During a briefing held by the committee with energy...
The Energy Regulatory Commission (ERC) is seriously considering the establishment of ‘rate affordability tracker,’ so the Filipino consumers can be apprised on the measures as well as policy developments being pursued by the government and industry players on bringing down electricity tariffs in...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is lining up the 728-megawatt Caliraya-Botocan-Kalayaan (CBK) hydropower plant next in the auction block for the continuing privatization of government-owned power assets. According to PSALM President and CEO Dennis Edward...