July 7, 2017

Meralco denies ‘midnight power deals’ with ERC

By Marc Jayson Cayabyab – July 04, 2017 07:11 PM from Philippine Daily Inquirer The Manila Electric Company (Meralco) on Tuesday denied allegations that it obtained favored power supply deals from the Energy Regulatory Commission (ERC) which was accused of granting “midnight deals” to the […]
July 3, 2017

ERC modifies rules on refund of power bill deposits

By Myrna M. Velasco – July 2, 2017, 10:01 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is modifying rules on pay-back and reporting requirements on the bill deposits of customers in the electricity sector. In the draft ERC rules […]
July 3, 2017

ERC renews permits of three power co-ops by 5 more years

By Lenie Lectura – July 2, 2017 from Business Mirror The Energy Regulatory Commission (ERC) recently renewed the permits of Mindoro Grid Corp. (MGC-Igacos), AP Renewables Inc. (Apri) and Oriental Mindoro Electric Cooperative Inc. (Ormeco) for five more years. The certificates of compliance (COCs) […]
June 30, 2017

PSALM seeks ERC approval for true-up rates adjustment

By Lenie Lectura – June 29, 2017 from Business Mirror Power rates in Luzon may go down by P0.556 per kilowatt-hour (kWh) should the Energy Regulatory Commission (ERC) approve the adjustment in the fuel and foreign exchange costs of the Power Sector Assets […]