August 23, 2023

ERC extends suspension of FIT-All in electric bills

BY MYRNA M. VELASCO – Aug 22, 2023 04:45 PM from Manila Bulletin AT A GLANCE The FIT-All is a charge reflected in the bills of all ratepayers; and the funds accruing from such collections are in turn utilized to […]
August 23, 2023

PSALM to pursue P25-B receivables from ‘delinquent’ DUs

BY MYRNA M. VELASCO – Aug 22, 2023 03:40 PM from Manila Bulletin AT A GLANCE To reinforce its cash hoard, the state-owned firm is banking on the collection of P152.4 billion worth of deferred payments from divested power facilities, […]
August 22, 2023

ERC asks congressional body to lift IPO requirement on renewable firms

By Alena Mae S. Flores – August 21, 2023, 8:00 pm from manilastandard.net The Energy Regulatory Commission asked the Joint Congressional Energy Commission to suspend the public offering requirement for generation firms owning and operating renewable energy facilities and those […]
August 22, 2023

Lower spot market prices observed in past 2 weeks

By Alena Mae S. Flores – August 21, 2023, 7:40 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines said Monday it observed lower spot market prices in the first two weeks of August on lower demand and […]