The Energy Regulatory Commission (ERC) has slapped Isabela II Electric Cooperative (ISELCO) with P2.0 million penalty due to its failure to validate the generation charges it passed on to its customers and for not complying with required fuel audit process. The regulatory body stipulated that the...
The Energy Regulatory Commission's (ERC) decision to approve Manila Electric Company's (Meralco) refund scheme in 2022 alleviated the effects of the pandemic on its consumers. Marciano G. Delson, dean of San Beda University’s College of Law, said that by granting Meralco’s actual...
(Unsplash) The confusion and misinformation on the rate-setting process of the Manila Electric Company (Meralco) and other power distributors in the country are all the Energy Regulatory Commission's (ERC) fault. Thus, said Cagayan de...
The Toll Regulatory Board (TRB) has approved a 30-day toll holiday for all exits of the Cavite Expressway (CAVITEX) starting from July 1, 2024. In a statement, Raul L. Ignacio, Cavite Infrastructure Corp. (CIC) president and general manager announced the implementation of the toll holiday...
System operator National Grid Corporation of the Philippines (NGCP) forthrightly stated that it can deliver more transmission projects to commercial completion if approvals of the Energy Regulatory Commission (ERC) on its cost recoveries for invested capital could be granted promptly. “With...
System operator National Grid Corporation of the Philippines (NGCP) is batting for regulatory approval on full cost recovery of its P20.94 billion investment in the newly reinforced 500-kilovolt Hermosa-San Jose transmission line, which is now supporting the wheeling of additional capacities in...
Senator Ramon "Bong" Revilla, Jr. said on Tuesday morning (June 25) asked the Toll Regulatory Board (TRB) called for the urgent issuance of a formal resolution to commence the implementation of the 30-day toll holiday in parts of CAVITEX. President Marcos announced that the collection of toll fee...
The Toll Regulatory Board (TRB) said that the Pasig River Expressway (PAREX) project remains on the table following San Miguel Corp.'s commitment to meeting all requirements and addressing environmental concerns. Alvin Carullo, TRB executive director, said San Miguel would comply with the...
The Energy Regulatory Commission (ERC) has ordered all distribution utilities (DUs) in the Luzon and Visayas grids to delay charging consumers preliminary generation charges. In a statement, ERC said on Tuesday, June 10, that DUs should wait until the release of the final statement (FS) by the...
BACOLOD CITY – The Energy Regulatory Commission (ERC) has approved the power supply agreement (PSA) between the Central Negros Electric Cooperative (Ceneco) and the Energy Development Corp. (EDC) in a bid to stop increasing electricity rates affecting the province of Negros Occidental. In a...
Senator Sherwin Gatchalian on Sunday, June 2 called on the Toll Regulatory Board (TRB) to ensure that operators of the country’s major toll roads will first improve their services before approving and implementing any additional rate hike. Gatchalian made the call after the TRB...
BACOLOD CITY – Mayor Albee Benitez has urged the Energy Regulatory Commission (ERC) to act on the power supply agreement between the Central Negros Electric Cooperative (Ceneco) and the Energy Development Corp. (EDC) to address the strong clamor of consumers in this city regarding the high power...