August 30, 2024

ERC strengthens rules on customer choice programs

By Alena Mae S. Flores – August 29, 2024, 7:40 pm From manilastandard.net The Energy Regulatory Commission (ERC) released the omnibus rules on consumer choice program in the retail electricity market to drive competition and empower consumers. The consumer choice […]
August 27, 2024

ERC clarifies ‘longstop date’ in PSAs

By Lenie Lectura – August 27, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has cautioned power generation companies against seeking for a termination of their power supply agreement (PSA) earlier than the prescribed period stated under relevant laws […]
August 26, 2024

ERC rules: ‘Longstop date’ is no longer valid as ground for PSA termination

BY Myrna M. Velasco – Aug 24, 2024 11:45 AM from Manila Bulletin At a glance The ERC stated that the acceptable grounds for PSA termination shall only be anchored on conditions such as: bankruptcy or insolvency of the GenCo; […]
August 12, 2024

New approach to cut PSA application backlog–ERC

By Lenie Lectura – August 12, 2024 from Business Mirror The Energy Regulatory Commission (ERC) is implementing a “one plant, one rate” approach in addressing backlogs for unresolved power supply agreement (PSAs) applications. From 2021 to 2023, PSA cases reached […]