Citicore Renewable Energy Corp.’s (CREC) solar unit in Pangasinan is seeking the approval of the Energy Regulatory Commission (ERC) to develop facilities linking its solar project to the Luzon grid. In an application filing posted on the ERC website, Citicore Solar Pangasinan Inc. (CSPI) has...
The Securities and Exchange Commission (SEC) and the Energy Regulatory Commission (ERC) are simplifying the process of raising capital through the capital market by power generation and distribution companies to support their growth and expansion. The SEC and ERC formally launched the Securing and...
Following the first-quarter 2025 launch of retail aggregation switches, the Energy Regulatory Commission (ERC) announced a partnership between both Ayala-led ACEN Corp. and Bank of the Philippine Islands (BPI) for the latter to switch its facilities to the retail aggregation program (RAP). This...
The Energy Regulatory Commission (ERC) announced that nearly 1,000 regulatory processes were approved and issued during the first quarter of 2025. In a statement, the ERC said it approved during the January-to-March period 14 power supply agreements (PSAs), 977 certificates of compliance (COCs),...
The National Grid Corporation of the Philippines (NGCP) faces delays as the Energy Regulatory Commission (ERC) has deferred the rollout of several projects across Luzon, Visayas, and Mindanao. In an ERC notice, the regulator noted that Group 3 capital expenditure (CAPEX) projects, spanning 2020 to...
The Energy Regulatory Commission (ERC) said that it is expediting the process for electric cooperatives’ (ECs) power supply agreements (PSAs) before the start of summer. In an ambush interview with ERC chairperson Monalisa Dimalanta, she shared that regulators and the Department of Energy (DOE)...
The Energy Regulatory Commission (ERC) and the Securities and Exchange Commission (SEC) launched a program designed to encourage power sector players to go public and comply with the Electric Power Industry Reform Act of 2001 (EPIRA). On Thursday, March 27, the ERC and SEC jointly launched SEC...
The Energy Regulatory Commission (ERC) has greenlighted additional capacity to the power supply agreement (PSA) between Manila Electric Co. (Meralco), led by Manuel V. Pangilinan, and San Miguel Corp. (SMC)-led South Premiere Power Corp. (SPPC). In a notice, the ERC said Meralco was granted...
Could this be a case of “better to laugh with the sinners than weep with the saints?” Too bad for consumers—no laughter here, only swelling bills and bitter tears! Back in November 2022, the Energy Regulatory Commission (ERC) slammed the door on the ₱5.2-billion rate hike plea of SMC Global...
The Energy Regulatory Commission (ERC) is currently evaluating SMC Global Power Holdings Corp.’s (SMGP) request to recover costs from consumers. In an ambush interview with ERC Chairperson Monalisa Dimalanta on the sidelines of the Energy Efficiency Day 2025, she shared that SMGP had filed a...
The Energy Regulatory Commission (ERC) has urged consumers and other industry players to be cautious of fake ERC seals, stickers, and false meter test reports. In a statement, the ERC noted that some electric meters are being sold in physical and online stores without its approval, while some of...
The Energy Regulatory Commission (ERC) has released the initial setting of the installed generating capacity (IGC) and the market share limitation (MSL) per grid and national grid for this year as a way to promote free and fair competition in the power industry. In a statement on Monday, March 17,...
