Manuel V. Pangilinan-led Manila Electric Company (Meralco) reported that the emergency power supply agreement (EPSA), which secures backup electricity for potential supply interruptions, is set to conclude in 2026. In a briefing, Jose Ronald Valles, Meralco senior vice president and head of...
The Energy Regulatory Commission (ERC) announced that it has deferred six capital expenditure (capex) projects of the National Grid Corporation of the Philippines (NGCP). In a decision posted on Feb. 24, the ERC cited pending issues that needed to be addressed before approving the NGCP projects....
The Energy Regulatory Commission (ERC) has approved an increase in the Feed-in Tariff Allowance (FIT-All) rate, which will soon take effect on the electricity bills of on-grid consumers. In a statement on Saturday, Feb. 22, the ERC said it greenlit a FIT-All charge of ₱0.1189 per kilowatt-hour...
In most energy sector meetings and social gatherings, the usual power talk comes with an added juicy coffee shop conspiracy—that the Energy Regulatory Commission (ERC) would still be jolted with leadership changeover in due time. If—and when—it happens, and the whys and hows of it—they...
To help address power strains and bring in new power transmission, the Energy Regulatory Commission (ERC) has approved four capital expenditure (capex) projects of the National Grid Corporation of the Philippines (NGCP). According to the ERC on Feb. 12, NGCP received a green light for three...
Philreca Party-list Rep. Presley de Jesus (left), Santa Rosa City lone district Rep. Dan Fernandez (PPAB) The Energy Regulatory Commission's (ERC) past "failure" to carry out a timely rate reset--which had been detrimental to...
A fresh wave of blame game is electrifying the discourse surrounding the National Grid Corporation of the Philippines (NGCP), the country’s grid operator—but while digging up past regulatory missteps might make for catchy headlines, the real power play lies in tackling the tough questions: who...
The Energy Regulatory Commission (ERC) said it will coordinate with the Philippine Competition Commission (PCC) and three energy giants to address Power Supply Agreements (PSAs) following the approval of their integrated liquefied natural gas (LNG) project. ERC Chairperson Monalisa Dimalanta stated...
The Energy Regulatory Commission (ERC) has adopted key amendments to its resolution governing the rate-setting process for privately-owned electricity distributors to ensure the timely reset of rates, beginning with Manila Electric Company (Meralco). In a statement, the ERC Chairperson and...
The Energy Regulatory Commission (ERC) has firmed up the intricate ‘tariff-setting parameters’ or price determination methodology that will anchor the 20-year power supply agreements (PSAs) in the third Green Energy Auction (GEA-3) to be administered by the Department of Energy (DOE) -...
Senator Francis Tolentino criticized the Energy Regulatory Commission (ERC) for its apparent inefficiency in managing power rate resets. Tolentino has expressed serious concerns over the agency, noting how it handled the rate reset process for Manila Electric Co. (Meralco), zeroing in on its lack...
The Energy Regulatory Commission (ERC) has approved the 15-year Power Supply Agreement (PSA) between Manuel V. Pangilinan-led Manila Electric Company (Meralco) and Excellent Energy Resources, Inc. (EERI), a subsidiary of SMC Global Power. In a statement on Friday, Dec. 13, ERC Chairman and Chief...
