Tag page - Retail Competition and Open Access

With leaner aggregate revenues logged in the six-month stretch, the net income of Alsons Consolidated Resources Inc. (ACR) in the first half had declined by roughly 10% to P1.06 billion from the year-ago level of P1.17 billion. If reckoned solely on second quarter performance, the company’s...

The Energy Regulatory Commission (ERC) has logged roughly P50 billion worth of aggregate savings for customers that have been availing of electricity services from the retail electricity suppliers (RES). According to ERC Chairperson Monalisa C. Dimalanta, the scale of cost savings registered by RES...

Alcantara-led Alsons Power has sealed its first retail electricity supply (RES) agreement with Holcim Philippines, Inc., a leading supplier of cement and construction aggregates in the country. In the power supply deal inked by the parties, it was stipulated that “Alsons Power will supply 80% of...

A subsidiary of Razon-led Prime Infrastructure Capital Inc. is joining the league of players that are out to dismantle the incumbency and dominance of franchised power utilities, as it also secured a license to offer supply and service as a retail electricity supplier (RES) in the restructured...

Qualified big-ticket contestable customers in Mindanao can finally exercise ‘power of choice’ on contracting their electricity services as the Energy Regulatory Commission (ERC) has already opened that segment of the industry for retail competition. Similar to the threshold for Luzon and...