The uptrend in the tariff of Manila Electric Company (Meralco) in its July billing will strain its customers’ household budgets, but a survey of selected power utilities in various parts of the country would show that its rate hike is still leaner versus peer-distribution firms. Meralco announced...
By MYRNA M. VELASCO End-users shifting to the net metering scheme on gaining electricity service had grown by more than double last year and has been sustaining its escalated pace, according to the Energy Regulatory Commission. In a presentation to the media, ERC Chairperson Monalisa C. Dimalanta...
By Myrna M. Velasco Investors on pipelined offshore wind developments in the country are amenable to a P10 to P16 per kilowatt hour (kWh) prospective reserve price for contracted capacity on their projects once the green energy auction (GEA) for the technology will be carried out by the Department...
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...
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...
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...
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...
The Energy Regulatory Commission (ERC) has directed the suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon Region effective Monday afternoon, May 27, due to insufficient generation capacity in the grid. In a statement, ERC said the decision to suspend WESM operations followed...
It was another round of ‘madness’ for millions of Filipino consumers before the strike of midnight on Thursday (May 23), as most parts of Luzon grid had been tormented with one to 1.5-hour rotational brownouts. In the franchise area of Manila Electric Company (Meralco) alone, more than 487,000...