The Energy Regulatory Commission (ERC) has flagged Central Negros Electric Cooperative Inc. (CENECO) on pass-on of charges to its customers even if these were anchored on contracts or power supply agreements (PSAs) that already lapsed. In particular, the ERC has condemned the act of CENECO for...
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...
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...
Senator Risa Hontiveros on Sunday, August 15 decried the audacity at which the National Grid Corporation of the Philippines (NGCP) warned of future increases in electricity rates if it continues to contract suppliers for larger power reserves. Hontiveros said she is wondering how the NGCP is bold...
The Energy Regulatory Commission (ERC) should direct its distribution utilities (DUs) to suspend all disconnection activities within its franchise area that are placed under enhanced community quarantine (ECQ) and modified ECQ, Senator Sherwin Gatchalian said Thursday. Gatchalian, chair of the...
Senator Risa Hontiveros on Wednesday reiterated her call for authorities to suspend any power rate increase until the Energy Regulatory Commission (ERC) is able to provide a clear and justifiable reason on the rising cost of electricity and investigation on the rotational blackouts is completed....
Senator Risa Hontiveros on Tuesday, June 15 urged the Energy Regulatory Commission (ERC) to investigate Manila Electric Co.'s (Meralco) recent announcement of a power rate hike for June saying it “defies logic” even under the regime of deregulation. Hontiveros said the ERC must provide a...
Senator Sherwin Gatchalian on Friday said he has “grave reservations” over the Department of Energy’s (DOE) proposal to revert the control of the country’s power grid back to the government. Gatchalian, chairman of the Senate Committee on Energy, pointed out corruption was the main reason...
The Department of Energy (DOE) on Thursday assured it is investigating if there is indeed possible collusion among power distribution firms to ascertain if this is the cause of the recent rotational brownouts that occurred in Luzon. DOE chief Alfonso Cusi told the Senate Energy Committee the agency...
The Securities and Exchange Commission (SEC) has approved Energy Development Corporation’s plan to offer up to P15 billion worth of fixed-rate ASEAN green bonds. In its meeting on June 8, the Commission En Banc resolved to render effective the registration statement of EDC covering securities...
Senator Risa Hontiveros has urged the Senate to probe the failure of the government to bring down the cost of electricity rates in the country 20 years after the enactment of the Electric Power Industry Reform Act or the EPIRA Law. In filing Senate Resolution No. 746, Hontiveros said it is...
The Department of Energy (DOE), headed by Secretary Alfonso Cusi, should own up and take responsibility for the power outages happening in Luzon and Metro Manila, Senator Sherwin Gatchalian said. Gatchalian said the agency must accept accountability, since it is mainly responsible for implementing...
