The Energy Regulatory Commission (ERC) has disclosed to Congress that it will be submitting the result of its performance review on system operator National Grid Corporation of the Philippines (NGCP) by December. “We have until the end of the year to submit our findings to the President,” ERC...
The Energy Regulatory Commission (ERC) has logged roughly P50 billion worth of aggregate savings for customers that have been availing of electricity services from the retail electricity suppliers (RES). According to ERC Chairperson Monalisa C. Dimalanta, the scale of cost savings registered by RES...
A total of 22 senators signed a resolution expressing the sense of the Senate to temporarily suspend the implementation of the Public Transport Modernization Program (PTMP), formerly known as the PUV Modernization Program. Those who authored Senate Resolution (SR) No. 1096 dated July 30,...
The Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) has begun discussions on the draft guidelines for determining rate adjustments for Manila Water Co. and Maynilad Water Services Inc. On Tuesday, July 19, a public consultation was held regarding the Foreign Currency...
The Energy Regulatory Commission (ERC) has finally lifted the suspension it earlier imposed on the settlement of traded capacities in the co-optimized reserve market, hence, consumers will have to brace for added cost burden in their forthcoming electric bills. With the lifting of the settlement...
The Energy Regulatory Commission (ERC) is scheduling next week the deliberations on the deferred cost recoveries of liquefied natural gas (LNG) that First Gen Corporation had utilized for electricity generation at its gas-fed power plants in Batangas. As full pass-on of LNG costs had not been...
The Energy Regulatory Commission (ERC) is anticipated to render decisions that will enforce penalties on the ‘unjustified’ transmission project delays of the National Grid Corporation of the Philippines (NGCP) as well as the indefensible forced outages of power plants during the summer months....
As the generation companies (GenCos) miserably faltered with their relentless forced outages during the summer months, President Marcos has profoundly cheered the P160 billion worth of completed transmission projects of system operator National Grid Corporation of the Philippines (NGCP) in his...
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 US government is amenable to firming up an agreement on taking back ‘spent fuel’ that had already been irradiated once fissioned or burnt in reactor for nuclear technologies that American suppliers will be deploying to the Philippines. In a roundtable discussion with the Philippine media,...
Senator Grace Poe welcomed the Land Transportation Franchising and Regulatory Board's (LTFRB) directive to allow unconsolidated jeepneys and UV express units to operate in some routes. "It's a win-win situation: ensuring adequate transportation for commuters on one hand, and providing drivers...
By MYRNA M. VELASCO End-users shifting to the net metering scheme on gaining electricity service had grown by more than double last year and has been sustaining its escalated pace, according to the Energy Regulatory Commission. In a presentation to the media, ERC Chairperson Monalisa C. Dimalanta...
