President Marcos has proposed to Congress the temporary suspension of the implementation of the Real Property Valuation and Assessment Reform Act (RPVARA), citing the need to prevent additional property-related costs on businesses, support investments, and allow a gradual transition to the new...
President Marcos is expected to discuss 24 priority legislative measures for the 20th Congress during the fourth Legislative-Executive Development Advisory Council (LEDAC) meeting at Malacañan Palace on Thursday afternoon, Aug. 6. According to Palace Press Officer and Communications...
The Institute of Integrated Electrical Engineers of the Philippines (IIEE) is demanding a formal role in the ongoing review of the country’s landmark power legislation, arguing that a quarter-century of regulation must be updated to align with modern engineering standards while safeguarding...
Senate infighting and leadership changes have slowed the passage of priority bills under the Marcos administration, Malacañang said. Citing Senator Imee Marcos ' recent remarks that repeated leadership changes in the Senate may have contributed to the lack of legislation passed so far, Palace...
Electricity consumers face higher monthly power bills starting this August after energy regulators granted urgent approval to raise a line-item surcharge that subsidizes renewable power developers. The Energy Regulatory Commission (ERC) issued a provisional authority allowing state-owned National...
Households face higher electricity bills starting in 2027 under the proposal by state-owned National Transmission Corp. (Transco) to raise the uniform line-item charge that subsidizes renewable energy developers. TransCo petitioned the Energy Regulatory Commission (ERC) to increase the Feed-in...
President Ferdinand Marcos Jr. earned widespread public approval when he declared in his fifth State of the Nation Address that consumers should no longer pay the system loss charge on their electricity bills. His reasoning was straightforward. Electricity lost before it reaches homes and...
At least two senators heeded President Ferdinand “Bongbong” Marcos Jr.’s call for an end to system loss charges burdening electricity consumers. Senate President Sherwin Gatchalian and Sen. Joseph Victor JV” Ejercito each filed a bill on the matter, saying it is imperative that Filipino...
Consumers could see lower electricity bills within a year as the Department of Energy (DOE) moves to reduce system loss charges on monthly power bills, with Energy Secretary Sharon Garin saying the agency aims to implement reforms before the next State of the Nation Address (SONA). “It’s not...
Amid mounting concerns over high electricity bills, the country’s power sector is reviewing system loss charges after President Ferdinand R. Marcos Jr. called for measures to reduce electricity costs during his penultimate State of the Nation Address (SONA). Manila Electric Co. (Meralco), the...
Manila Electric Co. (Meralco) is continuing to procure power beyond its original agreement with First Gas Power Corp. following the Department of Energy (DOE) directive aimed at maintaining grid stability in Luzon. Ronald Valles, Meralco senior vice president and head of regulatory management, said...
Residential electricity rates in key regions in the country surged in June, driven by persistent grid instability and elevated generation costs in the Visayas, according to Department of Energy (DOE) data. Southern Leyte Electric Cooperative Inc., Northern Samar Electric Cooperative Inc., and...
