The Energy Regulatory Commission (ERC) has issued show-cause orders to 40 generation companies (GenCos) for failing to submit complete fuel purchase documents, raising concerns about unjustified electricity charges passed on to Filipino consumers. This move underscores the ERC’s push to ensure transparency in power costs amid rising energy prices.
The GenCos served with orders are:
- Anda Power Corporation
- Angeles Power Inc.
- Bukidnon Power Corporation
- Calamian Islands Power Corp.
- Delta Power Inc.
- DMCI Power Corp.
- DMCI Masbate Power Corporation
- KEPCO SPC Power Corporation
- King Energy Generation Inc.
- Masinloc Power Partners Co. Ltd.
- Minergy Power Corporation
- Nickel Asia Corporation
- North Bukidnon Power Corporation
- OrMin Power Inc.
- Palawan Power Generation Inc.
- Panay Energy Development Corporation
- Peakpower Soccsargen Inc.
- Peakpower Bukidnon Inc.
- Peakpower San Francisco Inc.
- Power One Corporation
- Powersource Philippines Energy Inc.
- San Miguel Energy Corporation
- SMC Consolidated Power Corporation
- Siquijor Island Power Corp.
- San Miguel Consolidated Power Corporation
- SPC Island Power Corporation
- Strategic Energy Development Inc.
- Therma Luzon Inc.
- Toledo Power Corporation
- Western Mindanao Power Corporation
- FDC Misamis Power Corporation
- GNPower Dinginin Ltd. Co.
- GNPower Mariveles Energy Center Ltd. Co.
- Mapalad Energy Generating Corporation
- Sarangani Energy Corporation
- Palm Concepcion Power Corporation
- Supreme Power Corporation
- Southwest Luzon Power Generation Corporation
- Therma Visayas Inc.
- Vivant Malogo Hydropower Inc.
These companies were directed to submit fuel cost data for January to October 2022, as per ERC orders issued between December 2022 and March 2024, to validate the reasonableness of generation charges under the Electric Power Industry Reform Act (EPIRA). Non-compliance could lead to administrative penalties or fines, as outlined in Sections 43(o) and 43(r) of EPIRA.
“The ERC continues to conduct rigorous fuel audits to make sure that only fair and reasonable costs are being charged by our regulated entities. We owe it to the Filipino consumers to protect them from unnecessary charges and ensure that they’re not paying more than they should for electricity,” said ERC Chairperson and CEO Monalisa C. Dimalanta.
The GenCos have 15 days to submit the required documents and a verified explanation justifying their non-compliance. Failure to provide sufficient basis for fuel costs could result in refunds for consumers if overcharges are found.
“We likewise remind GenCos and DUs to fully cooperate and comply with these requirements, so we can uphold transparency and deliver power at the least cost possible,” Dimalanta added.
The ERC’s action highlights the critical role of fuel audits in protecting consumers from inflated electricity bills, especially as energy costs remain a significant burden for households.
What are your thoughts on the ERC’s crackdown on non-compliant power companies? Share your views on how this impacts electricity costs and consumer rights in the comments below!
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