The Energy Regulatory Commission (ERC) has ordered a nationwide temporary suspension of power disconnections to preserve electricity access during a declared State of National Energy Emergency and shielding consumers from immediate service cuts. In a newly issued advisory, the country’s energy...
Manila Electric Co. (Meralco), the country’s largest power distributor, saw its first-quarter profit growth drift lower as unseasonably cool weather and global geopolitical tensions stifled energy demand. In a media briefing on Monday, May 4, Betty C. Siy-Yap, Meralco senior vice president and...
Senator Sherwin Gatchalian has filed a bill that seeks to abolish the collection of bill deposits by distribution utilities (DUs) and electric cooperatives (ECs) in a bid to alleviate the burden of residential power consumers reeling from high electricity rates. In filing Senate Bill No. 1470 or...
As Filipino consumers are continually stricken with the sting of outdated and expensive electricity rates, a lawmaker is pushing for a comprehensive investigation on the cause of delays on the rate reset or the warranted tariff adjustments of regulated entities as anchored on performance-based...
The uptrend in the tariff of Manila Electric Company (Meralco) in its July billing will strain its customers’ household budgets, but a survey of selected power utilities in various parts of the country would show that its rate hike is still leaner versus peer-distribution firms. Meralco announced...
The Securities and Exchange Commission (SEC) has simplified the registration process for power companies opting for initial public offering (IPO) and other forms of stock offering that they will be pursuing at the local bourse. According to the Energy Regulatory Commission (ERC), the streamlined...
The Energy Regulatory Commission (ERC) is working with the Securities and Exchange Commission (SEC) on the development of a regulatory framework that will hasten the initial public offering (IPO) of the country’s power generation companies and distribution utilities. The two government agencies...
The Energy Regulatory Commission (ERC) has prescribed a two-tiered review process before the power supply agreements (PSAs) or contracts underwritten via competitive selection process (CSP) could secure regulatory approval. That has been the main stipulation in the new CSP guidelines that was...
Despite forecasts of ‘yellow alert’ that could strain Luzon grid, the Department of Energy (DOE) is trying to lean on a 700-megawatt supply buffer or reserve margin to avert incidents of electricity service interruptions during the October 30 Sangguniang Kabataan (SK) and barangay elections....
The Energy Regulatory Commission (ERC) issued advisory to relevant industry stakeholders that it will be holding new round of public consultations on the guidelines underpinning the competitive selection process (CSP) policy being enforced on the distribution utilities (DUs) and electric...
The Department of Energy (DOE) has been swamped with questions as well as dissent from various quarters on its plan to enforce a policy that will mandate distribution utilities (DUs), primarily those in the Luzon grid, to procure prescribed percentage of their supply from gas-fired power...
The Energy Regulatory Commission (ERC) has issued show-cause orders (SCOs) to 25 electric cooperatives and three private distribution utilities (DUs), mandating them to explain why they failed to justify pass-through fuel costs that they have reflected in the electricity bills of their customers....
