The Energy Regulatory Commission (ERC) has secured an Unmodified Opinion from the Commission on Audit (COA) for calendar year 2025, marking the fifth consecutive year that the country’s energy regulator has received the highest audit rating from the state auditor.

In its Annual Audit Report transmitted on June 3, COA found that the ERC’s financial statements as of December 31, 2025 were presented fairly, in all material respects, in accordance with applicable accounting standards.

The audit covered the Commission’s financial transactions and operations for 2025, including its financial reporting, compliance with laws and regulations, implementation of prior audit recommendations, and operational performance.

Beyond the clean audit opinion, COA noted that the ERC exceeded several key performance targets during the year. These included the timely resolution of Power Supply Agreement (PSA) and Ancillary Services Procurement Agreement (ASPA) cases, the approval of Certificates of Compliance (COCs) and Provisional Authorities to Operate (PAOs), the resolution of consumer and non-consumer cases, the testing and calibration of watt-hour meters, and the processing of Retail Electricity Supplier (RES) applications.

“This achievement belongs to every ERC employee who has worked diligently to uphold the highest standards of financial stewardship and regulatory performance,” ERC Chairperson and Chief Executive Officer Francis Saturnino C. Juan said.

“More importantly, it reinforces the trust of the Filipino people that the Commission manages public resources responsibly while carrying out its mandate of ensuring reliable, affordable, and sustainable electricity for all,” he added.

Juan said that the Commission will continue improving its systems and processes based on COA’s recommendations while pursuing reforms aimed at enhancing regulatory efficiency, transparency, and service delivery.

The ERC said it remains committed to strengthening institutional governance and operational effectiveness as it advances reforms intended to support a more responsive, efficient, and sustainable Philippine energy sector.

What do you think? Does sustained audit performance help strengthen investor and consumer confidence in the ERC’s ability to regulate the country’s evolving power sector? Share your thoughts.

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