The Energy Regulatory Commission (ERC) has announced that transmission firm National Grid Corporation of the Philippines (NGCP) has already filed an application for its tariff adjustment that is expected to result in lower electricity rate to be implemented next year. The regulatory body has not...
A limited hedge on fuel supply procurement that a power generator can avail of has been the major justification cited by Aboitiz Power Corporation for the higher rate of P5.69 per kilowatt hour (kWh) it offered to Manila Electric Company (Meralco) in their emergency power supply agreement (EPSA)....
With higher budget allocation, the Energy Regulatory Commission (ERC) indicated that it will pursue "digitalization" of its processes, so it can fast-track the approval of power supply agreements (PSAs) as well as the capital expenditure (capex) applications of power utilities. “We’ll pursue...
Power utility giant Manila Electric Company (Meralco) has formally asked South Premiere Power Corporation (SPPC) to pay the "price difference" it incurs after the San Miguel Corp. unit stopped supplying capacity from its Ilijan plant. In a letter on Monday, Dec. 12, 2022 addressed to SPCC General...
The Energy Regulatory Commission (ERC) has issued cease and desist orders (CDOs) to retail electricity suppliers (RES) so they could be prevented from issuing disconnection notices to the big-ticket customers they serve. A parallel regulatory order has likewise been served to distribution utilities...
The Energy Regulatory Commission (ERC) has denied the plea of National Grid Corporation of the Philippines (NGCP), which operates the country's transmission grid, to delay the process of resetting the transmission system rate. The ERC promulgated the denial of NGCP’s motion on Wednesday, Dec. 7,...
The Energy Regulatory Commission (ERC) is seeking solution to ease the high electricity rates afflicting consumers in various Davao provinces. This has been the focus of the continuing caravan of the ERC, which is scrutinizing the power supply agreements (PSAs) of the distribution utilities with...
South Premiere Power Corporation (SPPC), a subsidiary of SMC Global Power Holdings Corporation (SMGP) of the San Miguel group, will resume operations of the 1,200-megawatt Ilijan gas-fired power plant by April next year, in time for the high demand during the summer months. According to SMC, the...
The Energy Regulatory Commission (ERC) is investigating private distribution utilities (DUs) and electric cooperatives (ECs) that have been the subject of complaints for allegedly overpricing pass-on costs to consumers, primarily on generation charges. The commission said they are prioritizing the...
SMC Global Power Holdings Corporation (SMCGP), a subsidiary of San Miguel Corporation, has formally notified Manila Electric Company (Meralco) that it will be terminating its fixed-price power supply agreement (PSA) covering 670 megawatts of supply drawn from the Ilijan gas-fired power plant. As a...
The ball has been tossed into the court of power utility giant Manila Electric Company (Meralco) to secure gas fuel allocation for the offer of San Miguel Corporation to have its 1,200-megawatt Ilijan gas-fired power facility utilized to augment power supply, primarily for the Luzon grid. According...
Within her stint as chief regulator of the restructured energy sector, Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta guaranteed that she will uphold “transparent and accountable” regulation in the industry, especially on the facet of rate-setting that has direct impact on...
