The Energy Regulatory Commission (ERC) has disclosed to Congress that it will be submitting the result of its performance review on system operator National Grid Corporation of the Philippines (NGCP) by December. “We have until the end of the year to submit our findings to the President,” ERC...
The Energy Regulatory Commission (ERC) has logged roughly P50 billion worth of aggregate savings for customers that have been availing of electricity services from the retail electricity suppliers (RES). According to ERC Chairperson Monalisa C. Dimalanta, the scale of cost savings registered by RES...
The Energy Regulatory Commission (ERC) has finally lifted the suspension it earlier imposed on the settlement of traded capacities in the co-optimized reserve market, hence, consumers will have to brace for added cost burden in their forthcoming electric bills. With the lifting of the settlement...
The Energy Regulatory Commission (ERC) is scheduling next week the deliberations on the deferred cost recoveries of liquefied natural gas (LNG) that First Gen Corporation had utilized for electricity generation at its gas-fed power plants in Batangas. As full pass-on of LNG costs had not been...
The Energy Regulatory Commission (ERC) is anticipated to render decisions that will enforce penalties on the ‘unjustified’ transmission project delays of the National Grid Corporation of the Philippines (NGCP) as well as the indefensible forced outages of power plants during the summer months....
As the generation companies (GenCos) miserably faltered with their relentless forced outages during the summer months, President Marcos has profoundly cheered the P160 billion worth of completed transmission projects of system operator National Grid Corporation of the Philippines (NGCP) in his...
The uptrend in the tariff of Manila Electric Company (Meralco) in its July billing will strain its customers’ household budgets, but a survey of selected power utilities in various parts of the country would show that its rate hike is still leaner versus peer-distribution firms. Meralco announced...
By MYRNA M. VELASCO End-users shifting to the net metering scheme on gaining electricity service had grown by more than double last year and has been sustaining its escalated pace, according to the Energy Regulatory Commission. In a presentation to the media, ERC Chairperson Monalisa C. Dimalanta...
By Myrna M. Velasco Investors on pipelined offshore wind developments in the country are amenable to a P10 to P16 per kilowatt hour (kWh) prospective reserve price for contracted capacity on their projects once the green energy auction (GEA) for the technology will be carried out by the Department...
The Energy Regulatory Commission (ERC) has slapped Isabela II Electric Cooperative (ISELCO) with P2.0 million penalty due to its failure to validate the generation charges it passed on to its customers and for not complying with required fuel audit process. The regulatory body stipulated that the...
The Energy Regulatory Commission's (ERC) decision to approve Manila Electric Company's (Meralco) refund scheme in 2022 alleviated the effects of the pandemic on its consumers. Marciano G. Delson, dean of San Beda University’s College of Law, said that by granting Meralco’s actual...
System operator National Grid Corporation of the Philippines (NGCP) forthrightly stated that it can deliver more transmission projects to commercial completion if approvals of the Energy Regulatory Commission (ERC) on its cost recoveries for invested capital could be granted promptly. “With...
