Consumers will still feel the deepest financial pain triggered by surging electricity rates due to simultaneous plant outages in the past two weeks, but the Department of Energy (DOE) is urging the distribution utilities (DUs) to tap palliative interest-bearing loan from the Land Bank of the...
With high anticipation that electric bills will drastically spike during the summer months, the Energy Regulatory Commission (ERC) sounded off this early that it will prod the private distribution utilities (DUs) and electric cooperatives (ECs) on staggered billing on the resulting radical rate...
The Energy Regulatory Commission (ERC) has ordered suspension of the Wholesale Electricity Spot Market (WESM) - but only after two weeks from the incursion of yellow and red alerts in the Luzon and Visayas grids, hence, consumers are being warned of forthcoming bill shocks. Referencing on data...