Jan 032014
 
Palace: No ‘magic wand’ to solve rising power costs

There is no “magic wand” that could be waved to solve the problem on high power costs, a Malacañang official said Friday. “There’s something that can be done but within the bounds of the law,” said deputy presidential spokesperson Abigail Valte at a press briefing Friday. “So while you believe that the executive has so much power, perceived power, we are limited by what the law says.” Valte specifically cited Republic Act 9136 or the Electric Power Industry Reform Act (EPIRA) of 2001, which she said prevents the government from being a power generator. “People keep asking ‘why don’t you build your own power plants?’ Because of the law that we have, we can’t. Government can’t do that. You can’t put money into that because it’s prohibited,” Valte said. “So we try to work within what is present to address these concerns and these issues. The President has already given instructions to the relevant agencies to see what we can do,” she added. But asked if President Benigno Aquino III will personally push for amendments to the law, Valte said they will still have to look at the proposed amendments.   “Perhaps it’s a matter of finding the right proposal that the President will throw his weight behind,” she said. “Which is why we’ve said that we welcome any initiatives to amend or at least to put forth amendments from our legislators to the EPIRA Law,” she added. The Palace likewise remained cool to the idea of convening the Legislative Read More …

May 282013
 
Power users allowed to look for best deal

MANILA, Philippines – The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) will allow power consumers more time to enter into a retail supply contract as part of the open access regime. Under a draft resolution issued by the ERC, contestable customers who have not yet signed a contract with a supplier shall continue to be served by their franchised distribution utilities until they are able to negotiate a more competitive retail supply contract. “The intent is to ease pressure on the contestable customers in securing a retail supply contract and to avoid being disconnected from service or be served by a supplier of last resort which have higher rates,” the DOE said. The DOE said the ERC resolution is intended to address the growing concerns of many contestable customers of possible disconnection due to the inability to sign a retail supply contract with a supplier. The so-called retail competition and open access (RCOA) will make power distribution companies more competitive. Both the DOE and ERC are looking into how RCOA will better operate to achieve the intent of the Electric Power Industry Reform Act (EPIRA) in terms of promoting customer choice, better services and competition in the power supply sector. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Under the so-called open acccess regime, large power users will be able to choose their own suppliers, in contrast with the current system where they are limited to the supplier that has jurisdiction over their areas. Mandated under Read More …