President Ferdinand "Bongbong" Marcos Jr. has named Pablo Luis Azcona as the acting administrator and chief executive officer of the Sugar Regulatory Administration (SRA). * SRA photos* This was announced by the Presidential Communications Office (PCO) through a Facebook post on April 28. Based on...
Land Bank of the Philippines is offering its "anti-bill shock" credit facility to distribution utilities (DUs) in the power industry to help them cushion the impact of surging electricity rates during the summer months. As conveyed to the Energy Regulatory Commission (ERC), the credit facility...
Transmission firm National Grid Corporation of the Philippines (NGCP) is seeking approval from the Energy Regulatory Commission for its P9.93 billion capital expenditures (capex) for the upgrading and expansion of facilities in North Luzon. The company said that the facility reinforcements covers...
The Energy Regulatory Commission (ERC), with the support of the United States Agency for International Development (USAID), is exploring collaboration with peer-regulator National Energy Authority (NEA) of Papua New Guinea on how both countries can address high electricity rates in their...
Department of Agriculture (DA) Undersecretary Domingo Panganiban has taken over the Sugar Regulatory Administration (SRA) as its officer-in-charge, the Presidential Communications Office (PCO) confirmed on Wednesday. *President Marcos and Agriculture Undersecretary Domingo Panganiban (Bongbong...
The Energy Regulatory Commission (ERC) has been discussing with the Independent Electricity Market Operator of the Philippines (IEMOP) the proposed measures for the pass-on of P22.64 billion worth of deferred charges which accumulated in 2013 following strained supply in the Luzon grid due to...
The Department of Energy (DOE) is undertaking a series of public consultation to solicit stakeholder-inputs and comments on the proposed revision of the competitive selection process (CSP) or the bidding system for power supply agreements (PSAs) of distribution utilities. The energy department...
At least 2.6 million customers of Manila Electric Company (Meralco) will continue to receive discounts in their electric bills as mandated under Republic Act 11552 or the Extended Lifeline Rate Act. According to Meralco Vice President Lawrence S. Fernandez, the total amount of rate discounts to...
The largest transport network vehicle service (TNVS) alliance in the country said the opening of more than 10,000 slots by the Land Transportation Franchising and Regulatory Board (LTFRB) would help produce much-needed livelihood opportunities in Metro Manila and its neighboring areas. In a...
The Energy Regulatory Commission (ERC) will be revising the rules that will set reliability indices for power plant operations, primarily their permissible allowance on planned and forced outages. According to ERC Chairperson Monalisa C. Dimalanta, the existing reliability index is “very...
The Department of Energy (DOE) will no longer issue “certificates of exemption” (COEs) on the competitive selection process (CSP) requirement for distribution utilities' (DUs) supply procurement underpinned by their power supply agreements. In an advisory issued on April 3 this year, Energy...
The Energy Regulatory Commission (ERC) has kicked off its collaboration with the National Economic and Development Authority (NEDA) for the establishment of an electricity affordability index so Filipino consumers can fully track and be guided on the variation of the tariffs they have been paying...
