The Energy Regulatory Commission (ERC) has enforced a band-aid measure to lower power rates by extending the suspension of the feed-in-tariff allowance (FIT-All) for another six months. FIT-All, which is a subsidy cost being collected from all ratepayers to incentivize qualified renewable energy...
Meralco rates to go down very slightly this February By MYRNA M. VELASCO There will be very marginal reduction of P0.0106 per kilowatt hour (kWh) in the electric bills of Meralco customers this month mainly due to the downtrend in the generation charge component of the unbundled electric bills. The...
The Energy Regulatory Commission (ERC) has suspended for three months the collection of the feed-in-tariff allowance (FIT-All) charge in the electric bills to soften the electricity rates being paid by consumers, especially during the Christmas season. According to the regulatory body, the...
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 kicked off review of prevailing power supply agreements (PSAs) between generation companies and the distribution utilities (DUs), primarily the electric cooperatives (ECs), on efforts to bring down electricity rates in the country. The scrutiny on the PSAs...
The legislative lever of Congress is sought on the proposed revamping of the multi-tiered taxes in the power sector to reduce the pass-on tariff in the electric bills of consumers by as much as P1 per kilowatt hour. The power tax components being recommended for scrapping include those on public...
Leading energy producer Aboitiz Power Corporation will be deploying artificial intelligence (AI) and technology in its bid to bring down electricity costs as well as improve services to onsumers. The technological advancement being employed by the power firm in its operations is in line with the...
