The Energy Regulatory Commission (ERC) has scheduled series of public hearings on the tariff adjustment of transmission system operator National Grid Corporation of the Philippines (NGCP) for its fourth regulatory reset covering the periods 2016-2020. The rate reset is a regulatory lag in the rates...
The Energy Regulatory Commission (ERC) has announced that transmission firm National Grid Corporation of the Philippines (NGCP) has already filed an application for its tariff adjustment that is expected to result in lower electricity rate to be implemented next year. The regulatory body has not...
The Energy Regulatory Commission (ERC) has denied the plea of National Grid Corporation of the Philippines (NGCP), which operates the country's transmission grid, to delay the process of resetting the transmission system rate. The ERC promulgated the denial of NGCP’s motion on Wednesday, Dec. 7,...
The Energy Regulatory Commission (ERC) is widening its review on over-contracting of power supply being carried out by private distribution utilities (DUs) and electric cooperatives (ECs) as it drives up electricity tariffs being passed on to ratepayers. According to ERC, over-contracting has been...
The Energy Regulatory Commission (ERC) has ordered power utility giant Manila Electric Company (Meralco) to refund P21.769 billion worth of overcollections accruing from its tariff adjustments covering the period from July 2015 to June 2022 which will translate to reduction of P0.87 per kilowatt...
Transmission firm National Grid Corporation of the Philippines (NGCP) will be allotting mammoth capital expenditures (capex) of P160 billion to bankroll its programmed projects until year 2025, which are aligned with its 5th tariff regulatory reset filing with the Energy Regulatory Commission...
The Energy Regulatory Commission (ERC) is scheduling two days of public hearings on April 26 and 28 for the applied increase in the distribution charge of power utility giant Manila Electric Company (Meralco), and that is a key component of the overall tariff it has been passing on in the...
The Energy Regulatory Commission (ERC) is soliciting inputs from industry stakeholders on the targeted modification of the tariff-setting scheme that will be enforced to power distribution utilities on the rates that they will pass on to consumers. The regulatory body is currently reviewing the...
Power utility giant Manila Electric Company (Meralco) has applied for regulatory approval on its proposal to refund to its customers P13.885 billion cost over-recoveries arising from the implementation of its actual weighted average tariff (AWAT) within the lapsed regulatory period from July 2015...