The lowering of the threshold under the Retail Competition and Open Access (RCOA) policy has attracted at least 13 new contestable customers, most of them buildings and water pumping stations in Metro
The Energy Regulatory Commission (ERC) has revised the minimum financial capability standards for generation companies (gencos) after over a decade to ensure efficiency and financial performance in the country’s power sector. Based
The Energy Regulatory Commission (ERC) has approved the Manila Electric Company’s (MERALCO) refund to its customers amounting to Php13.9 billion. This would translate to an average refund of Php0.1528 per kilowatt hour
MORE Electric and Power Corporation (MORE Power) of business tycoon Enrique Razon has applied for Php1.98 billion worth of capital expenditures (capex) with the Energy Regulatory Commission (ERC) to reinforce and expand
The National Grid Corporation of the Philippines (NGCP) has allotted a huge capital expenditure (capex) of over Php262 billion to expand and upgrade the country’s grid system in the next four years.
After numerous appeals and moves over the no-disconnection policy for lifeline electricity consumers amid the COVID-19 pandemic, President Rodrigo Duterte has approved the Department of Energy’s (DOE) recommendation for its extension, as
The Wholesale Electricity Spot Market (WESM) is set to launch in Mindanao on June 26, according to the Independent Electricity Market Operator of the Philippines (IEMOP), which operates the spot market. IEMOP said
The Energy Regulatory Commission (ERC) is still finalizing the pricing method for the “tariff ceiling” that will be used for the renewable energy (RE) capacity auction, which the government aims to do
Aboitiz Power Corporation remains the country’s top power generating firm, closely followed by San Miguel Corporation, based on the latest data from the Department of Energy (DOE). The DOE, in its 37th Electric
The Manila Electric Company (MERALCO) has sought the approval of the Energy Regulatory Commission (ERC) to refund customers Php13.9 billion, or Php0.1528 per kilowatt hour (kWh) within 24 months, reflecting the calculation of
