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How will ERC rule on SMC, Meralco power rate-hike bid?

CONSUMERS and power firms keenly await the decision of the Energy Regulatory Commission (ERC) on the joint plea of conglomerate San Miguel Corp.’s (SMC) power units and the Manila Electric Company (Meralco) for an increase in their previously approved power rates. SMC President Ramon Ang had said that it would have… ....

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ERC orders Meralco to refund ₱7.75 billion excess collections from customers

ERC orders Meralco to refund ₱7.75 billion excess collections from customers
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ERC orders Meralco: refund P7.75 billion to users

THE Manila Electric Co. (Meralco) was directed to refund customers a total of P7.75 billion, which is equivalent to P0.47 per kilowatt hour (kWh) for residential customers, to be carried out this month. In a 51-page order, the Energy Regulatory Commission (ERC) said its review of Meralco’s regulatory asset base… ....

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NGCP allots bulk of capex for transmission projects

The National Grid Corporation of the Philippines (NGCP) is awaiting the Energy Regulatory Commission’s (ERC) approval for the implementation of its P160-billion capital expenditure (capex) that would mainly be spent for its transmission projects. If approved, the capex is good until 2025. The grid operator said Thursday that bulk of… ....

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Group: Systems audit of NGCP is necessary

The Department of Energy (DOE) on Monday said it continues to push for a systems audit of the National Grid Corporation of the Philippines (NGCP) following a request it received from the National Association of Electricity Consumers for Reforms Inc. (NASECORE). “We have been pushing for systems audit, but we… ....

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