‘Tainted’: Advocacy group wary of appointment of another ex-AboitizPower official
The Power for People Coalition (P4P) has expressed concern over the appointment of former Abotiz Power Corp. chief legal counsel and compliance officer Monalisa Dimalanta as chairperson of the Energy Regulatory Commission (ERC).
ERC: We acted swiftly to resolve OMECO outages
The Energy Regulatory Commission (ERC) stressed it has acted timely to address the rotational power outages being experienced in the province of Occidental Mindoro and alleviate the plight of electricity consumers.
ERC orders 3 DUs to refund overcollections
The Energy Regulatory Commission (ERC) directed three distribution utilities (DUs) to refund over-recoveries charged to their respective customers in line with efforts to help bring down power costs. ERC issued separate notices to Central Negros Electric Cooperative, Inc. (CENECO), Pangasinan I Electric Cooperative (PANELCO I) and La Union Electric Co. (LUECO). “The Commission resolved to […]
Lucio Tan-led VMC gets ERC OK to operate biomass power plant
Sugar producer Victorias Milling Co. Inc. received the go-signal from the government to operate its 40 megawatt biomass-fired power plant, located in Negros Occidental. In a regulatory filing, VMC said it was granted by the Energy Regulatory Commission (ERC) a provisional authority to operate its biomass co-generation power plant with feed-in-tariff eligible capacity of 21.45 […]
ERC penalizes Consunjis due to excessive downtime of Semirara’s Batangas power plant
The Energy Regulatory Commission (ERC) has punished a subsidiary of Semirara Mining and Power Corp. SCC, owned by the Consunji family, for incurring too many outages. Consunjis enjoying red-hot coal demand as Semirara posts highest ever quarterly profit The ERC fined Southwest Luzon Power Corporation (SLPGC) P135,400 for allegedly exceeding the number of allowed unplanned […]
Big Boy Sy, Coyiuto have until November 14 to conduct NGCP public offering
The Energy Regulatory Commission (ERC) has stood firm on its November 14 deadline for the National Grid Corp. of the Philippines (NGCP) to undertake an initial public offering (IPO).
ERC approves P13.8B Meralco refund
Power consumers can expect an average refund of P0.1528 per kilowatthour next month after the Energy Regulatory Commission (ERC) approved P13.885 billion worth of refund to Manila Electric Co. (Meralco).
ERC allows distribution utilities to pass on their taxes to consumers
Consumers may soon receive higher electricity bills as the Energy Regulatory Commission (ERC) has allowed distribution utilities and electric cooperatives to treat real property tax and other local taxes as a pass on cost.
ERC taps third party to audit electric cooperatives’ funds
Accounting and auditing firm Reyes Tacondong & Co. will undertake the audit of the country’s electric cooperatives (ECs) and their utilization of the funds approved by the Energy Regulatory Commission (ERC).
Electricity bills set to rise in January
Manila Electric Co. (Meralco) customers will experience a slight upward adjustment in their January billing due to higher generation charge.
