State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will be filing a motion for reconsideration on the P980,400.00 penalty imposed by the Energy Regulatory Commission (ERC) on forced outages violation of its newly privatized 650-megawatt Malaya thermal power facility. The...
The Energy Development Corporation (EDC) was slapped with fines by the Energy Regulatory Commission (ERC) after its Nasulo geothermal plant was found to have breached the mandated ‘forced outage limit’ prescribed for such technology in the electricity generation business. In a disclosure to the...
Filipinos living in condominiums and subdivisions will no longer qualify to avail of the ‘lifeline subsidy’ or electricity rate discounts extended to financially challenged power consumers. According to Manila Electric Company (Meralco) Vice President Lawrence S. Fernandez, based on the tenor...
Due to higher transmission charges, customers of Manila Electric Company (Meralco) will be shelling out heftier amount for their electricity bills this October, as the overall tariff of their servicing utility inched up by P0.0283 per kilowatt-hour (kWh) to P9.1374 from P9.1091 per kWh last month....
On fears that the Wholesale Electricity Spot Market (WESM) will be operating with financial deficit, its governance body Philippine Electricity Market Corporation (PEMC) is seeking higher market fees to be implemented to trading participants starting this month – even without prior regulatory...
The Philippine Electricity Market Corporation (PEMC), in its capacity as governance body of the Wholesale Electricity Spot Market (WESM), is sorting out ‘refund mechanism’ on congestion charges collected from consumers in the Visayas grid. PEMC will also be taking the lead in enforcing the...
The Energy Regulatory Commission (ERC) has ordered two electric cooperatives (ECs) to stop passing on to their customers the charges on “reinvestment fund for sustainable capital expenditures” (RFSC) pending compliance to regulatory mandate on the submission of documents that will determine the...
The aggregate P20-billion refund ordered by the Energy Regulatory Commission (ERC) and reflected in electric bills had eased consumers’ financial burden while the country wades through the economic hurdles of the pandemic, according to the regulatory agency. The payback mandate to customers since...
At least eight power generation companies (GenCos) have been formally tagged by the Energy Regulatory Commission (ERC) for penalties for breaching allowable forced outages in their electric generating facilities, that in turn triggered rotational blackouts and rate spikes last summer. ERC Logo In...
The Department of Energy (DOE) has added two more firms in the expanding list of renewable energy (RE) suppliers that can directly offer their generated electricity to end-users under the ambit of the Green Energy Option Program (GEOP). The GEOP is a policy tool that will give consumers the...
In a tripartite deal it inked with the Department of Energy (DOE) and the Department of Human Settlements and Urban Development (DHSUD), the Energy Regulatory Commission (ERC) is reinforcing its support to the promotion of digital tools and green energy solutions for housing as well as community...
Senator Risa Hontiveros on Tuesday, Sept. 14 called on the Energy Regulatory Commission (ERC) and power companies to suspend any planned electricity rate increases until the Senate Committee on Energy is done with its investigation into the rotational power outages last May and June. Hontiveros...
