The Energy Regulatory Commission (ERC) has issued a total of 40 show-cause orders to 37 generation companies (GenCos) after they failed to submit complete fuel purchase documents.These documents are necessary to ensure fair electricity prices charged to consumers.In a statement, the ERC said that it...
The Energy Regulatory Commission (ERC) reported that generation rates have significantly gone down for the first quarter of 2025 due to lower prices in the Wholesale Electricity Spot Market (WESM).In a statement, the ERC noted that generation charges, which are the cost of generated electricity that...
The Securities and Exchange Commission (SEC) and the Energy Regulatory Commission (ERC) are simplifying the process of raising capital through the capital market by power generation and distribution companies to support their growth and expansion.The SEC and ERC formally launched the Securing and...
In most energy sector meetings and social gatherings, the usual power talk comes with an added juicy coffee shop conspiracy—that the Energy Regulatory Commission (ERC) would still be jolted with leadership changeover in due time.If—and when—it happens, and the whys and hows of it—they remain...
The Department of Energy (DOE) said that delays in the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant are due to setbacks in establishing the Price Determination Methodology (PDM).DOE Secretary Raphael P.M. Lotilla said the PDM, which sets electricity rates for the...
The Energy Regulatory Commission (ERC) will need to revisit and review a few matters with power distribution giant Manila Electric Company (Meralco) regarding its fifth regulatory period (5RP) as it said that they were expecting a refund approval last week.During a media briefing, reinstated ERC...
As Super Typhoon "Leon" approaches the Philippine Area of Responsibility this week, the Energy Regulatory Commission (ERC) has urged swift government action to address power outages and fluctuations caused by heavy rains and storms.During a media briefing with reinstated ERC chairperson Monalisa...
Senator Sherwin Gatchalian on Friday, November 1, welcomed the reinstatement of Monalisa Dimalanta as chairperson of the Energy Regulatory Commission (ERC) saying the move bodes well for the energy sector. Malacañang has reinstated Dimalanta to her post since the Ombudsman has already...
The six-month suspension of Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta had been cut short, and she is now poised to be back at the helm of the power industry's regulatory body.A memorandum order from the Office of the Ombudsman dated October 22, 2024 stipulated that the...
The National Association of Electricity Consumers for Reforms, Inc. (Nasecore) has asked the Office of the Ombudsman (OMB) to cite in contempt suspended Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta for discussing her case in public.As a lawyer, Nasecore President Petronilo L....
A resolution that was crafted during the leadership of suspended Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta is threatening to cripple Officer-in-Charge Jesse Hermogenes T. Andres from performing his function, because he is being prohibited by that supposed rule to call for...
President Marcos has appointed Department of Justice (DOJ) Undersecretary Jesse Hermogenes Andres as officer-in-charge (OIC) chairperson and chief executive officer (CEO) of the Energy Regulatory Commission (ERC), the Presidential Communications Office (PCO) announced on Saturday morning, Sept....