The Department of Finance (DOF) has clarified that there is no double taxation in the imposition of value-added tax (VAT) in the electric power sector. Reacting to recent statements made by the Energy Regulatory Commission (ERC), Finance Secretary Carlos G. Dominguez III explained that the Electric...
The operator of the Wholesale Electricity Spot Market (WESM) is asking the Department of Energy (DOE) to review the circular which created the Independent Electricity Market Operator of the Philippines (IEMOP) to resolve its position once and for all. In a statement to the media, IEMOP President...
Gokongwei-owned Robinsons Land Corp. (RLC) enlisted at least 10 of its malls with the interruptible load program (ILP) of power utility giant Manila Electric Company (Meralco) to prevent brownouts. ILP is a scheme wherein entities with self-generating assets will need to switch on their facilities...
The Energy Regulatory Commission (ERC) indicated that it prefers just having one entity to manage and oversee the Wholesale Electricity Spot Market (WESM) so the industry as well as the Filipino consumers can save on costs. According to ERC Chairperson Agnes T. Devanadera, the current set-up of...
The Energy Regulatory Commission (ERC) will be carrying out a comprehensive study to examine the impact of massive energy use of data centers where foreign investments in the sector are flourishing. According to ERC Chairperson Agnes T. Devanadera, the regulatory body already did initial...
With its regulatory imprimatur, the Energy Regulatory Commission (ERC) is paving the way for more affordable electricity to household consumers via a net metering program utilizing solar energy. Under the ERC-underpinned regulation framework, net metering will allow solar owners with less than...
The Energy Regulatory Commission (ERC) has updated some provisions of the Open Access Transmission Service (OATS) rules, simplifying the charges being passed on to consumers. The OATS rules serve as the regulatory framework in the operation of the country’s power transmission network, a major...
The Energy Regulatory Commission (ERC) has cemented a deal with a United Nations (UN) body that will provide technical assistance to the former on framing regulations for the "energy transition" agenda of the country. The agreement was inked with the Southeast Asia Energy Transition Partnership...
Roughly two weeks before the exit of the Duterte administration, the Department of Energy (DOE) is scheduling on June 17 the first round of bidding of 2,000 renewable energy capacities under the Green Energy Auction Program (GEAP). An advisory issued by Energy Secretary Alfonso G. Cusi on...
The overall tariff to be passed on by Manila Electric Company (Meralco) in this May billing had been reduced by P0.12 per kilowatt hour (kWh), a reverse from the earlier projection of a rate hike, to reflect the P7.8-billion consumer refund ordered by the Energy Regulatory Commission (ERC)...
Re-electionist Senator Sherwin Gatchalian has lauded the Energy Regulatory Commission (ERC) and the Manila Electric Company (Meralco) for refunding the excess electricity bill collections saying it is a welcome relief for power consumers amid the rising cost of goods and basic services. The ERC had...
The Wholesale Electricity Spot Market (WESM), which serves as the central registration body for the Green Energy Option Program (GEOP), has been registering massive shift of qualified businesses to renewable energy (RE) when it comes to their power supply sourcing. In just a span of one month,...
