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ERC approves Meralco refund order

 Economy
May 122017
 

THE Energy Regulatory Commission (ERC) has approved an order requiring Manila Electric Co. (Meralco) to implement next month its refund to its electricity customers covering nearly P7 billion worth of over-recoveries for the past few years.

 Posted by BusinessWorld Online: Economy at 2:04 pm  No Responses »  Tagged with: ERC, Manila Electric Co

President seen as appropriate authority to settle ERC infighting

 Economy
Apr 202017
 

THE PRESIDENT is the proper authority to put a halt to infighting at the Energy Regulatory Commission (ERC), the head of the Senate energy committee said, pointing to the President’s power to appoint the agency’s officials.

 Posted by BusinessWorld Online: Economy at 6:29 am  No Responses »  Tagged with: ERC

ERC approves NGCP’s P6.86-B Mindanao transmission backbone

 Economy
Apr 182017
 

POWER system operator National Grid Corp. of the Philippines (NGCP) will be building a new transmission backbone to carry added power capacity in Mindanao at a cost of P6.86 billion, details of the decision released by the Energy Regulatory Commission (ERC) show.

 Posted by BusinessWorld Online: Economy at 5:32 pm  No Responses »  Tagged with: ERC, National Grid Corp, NGCP

ERC extends FIT-All filing deadline for Transco

 Economy
Oct 282016
 

THE Energy Regulatory Commission (ERC) gave state-owned National Transmission Corp. (Transco) more time to complete its Feed-in-Tariff Allowance (FIT-All) filing.

 Posted by BusinessWorld Online: Economy at 3:42 pm  No Responses »  Tagged with: ERC

ERC, PCC to work together in power price-fixing crackdown

 Economy
Sep 122016
 

THE Energy Regulatory Commission (ERC) is looking into a possible arrangement with the Philippine Competition Commission (PCC) that will allow the two agencies to work together in a crackdown on anti-competitive behavior across the energy sector, an official said.

 Posted by BusinessWorld Online: Economy at 4:52 pm  No Responses »  Tagged with: ERC, PCC

ERC seeks to settle row with Meralco over retail power supply scheme

 Economy
Sep 112016
 

THE Energy Regulatory Commission (ERC) has talked to Manila Electric Co. (Meralco) to try to settle their differing views on the rules covering retail competition and open access (RCOA), some parts of which are on hold after the distribution utility sought and obtained a court injunction.

 Posted by BusinessWorld Online: Economy at 3:38 pm  No Responses »  Tagged with: ERC, Manila Electric Co

ERC aims to speed up anti-competition hearings

 Economy
Jun 162016
 

THE ENERGY Regulatory Commission (ERC) has issued a resolution to divide itself into two core groups when it hears anti-competition cases in order to speed up their disposition.

 Posted by BusinessWorld Online: Economy at 6:17 pm  No Responses »  Tagged with: ERC

ERC caps plant capacity to limit system vulnerability

 Economy
May 312016
 

THE ENERGY Regulatory Commission (ERC) will be limiting the capacity of prospective power generating plants in the country’s three main island groups to protect the electricity grid against a “single contingency event” and its possible cost to consumers during an outage.

 Posted by BusinessWorld Online: Economy at 3:29 pm  No Responses »  Tagged with: ERC

ERC to impose restrictions on retail electricity

 Economy
May 182016
 

THE ENERGY Regulatory Commission (ERC) will issue this week rules imposing restrictions on the operations of distribution utilities and retail electricity suppliers (RES) in the competitive retail electricity market, its chairman said on Wednesday.

 Posted by BusinessWorld Online: Economy at 4:50 pm  No Responses »  Tagged with: ERC, RES

ERC orders extended WESM price cap

 Economy
Jun 232014
 

THE ENERGY Regulatory Commission (ERC) has cleared the extended implementation of a secondary price cap for the power traded on the Wholesale Electricity Spot Market (WESM) to further shelter consumers from supply-related price volatility.

 Posted by BusinessWorld Online: Economy at 4:50 pm  No Responses »  Tagged with: ERC, WESM
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