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...
The Energy Regulatory Commission (ERC) has admitted weakness in investigating anti-competitive behavior, especially for company participants that are trading their generated capacities in the Wholesale Electricity Spot Market (WESM). Given this difficulty in its market policing power, ERC...
The Energy Regulatory Commission (ERC) has set at 6,367,759 megawatts the maximum installed capacity a generation company (GenCo) can own and could dispatch nationwide to ensure market competition. The limit is based on the Electric Power Industry Reform Act (EPIRA), which provides the market share...
System operator National Grid Corporation of the Philippines (NGCP) has filed its motion for reconsideration (MR) with the Energy Regulatory Commission (ERC) for its request to be allowed monthly renewal of its ancillary services (AS) contracts while its procurement processes for power reserves are...
Local and foreign investors are appealing to the Energy Regulatory Commission (ERC) for higher interest rates that must be factored into the calculation of tariffs on capacities offered by the Department of Energy (DOE) under the Green Energy Auction Program. ERC Chairperson Monalisa C. Dimalanta...
System operator National Grid Corporation of the Philippines (NGCP) has issued straightforward warning to consumers to brace for rotational blackouts after the Energy Regulatory Commission’s (ERC) has thumbed down its bid to extend monthly its existing ancillary services contracts. The ancillary...
The Energy Regulatory Commission (ERC) said it will weigh the rate impact as well as implications on next year’s supply of the terminated power supply agreements (PSAs) between power utility giant Manila Electric Company (Meralco) and the subsidiaries of SMC Global Power Holdings Corporation of...
A spike in the secondary price cap for the Wholesale Electricity Spot Market (WESM) to the tune of P10,000 to P15,000 per megawatt hour (MWh) - or equivalent P10-P15 per kilowatt hour) - has been proposed by the generation companies (GenCos) to the Energy Regulatory Commission (ERC), according to...
The Energy Regulatory Commission (ERC) is seriously considering the establishment of ‘rate affordability tracker,’ so the Filipino consumers can be apprised on the measures as well as policy developments being pursued by the government and industry players on bringing down electricity tariffs in...
“Hope for the best, prepare for the worst” said Energy Secretary Raphael P.M. Lotilla against the backdrop of threatening power service interruptions due to insufficient power supply and oil price spikes that will be reflected in the electric bills of consumers during the summer months. With...
The energy subsidiaries of diversified conglomerate San Miguel Corporation (SMC) have terminated two power supply agreements (PSAs) with utility giant Manila Electric Company (Meralco), crashing hopes of at least 1,800 megawatts in critical power capacity additions by next year until 2025. In an...
The Energy Regulatory Commission (ERC) indicated that it will be studying the probable rate hikes or cost impact that consumers will have to brace for; once all the gas sale and purchase agreements (GSPAs) for the Malampaya gas field project will expire by next year. ERC Chairperson Monalisa C....
