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ERC approves participation threshold in Mindanao power retail market

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By Alena Mae S. Flores – March 21, 2024, 8:40 pm
from manilastandard.net

The Energy Regulatory Commission (ERC) approved the eligibility thresholds for participation in the retail market in Mindanao under ERC Resolution No. 6 Series of 2024.

The ERC said Mindanao consumers with an average monthly peak demand of at least 500 kilowatts for the 12 months preceding March 26, 2024 would be allowed to contract with any licensed/authorized supplier of electricity on a voluntary basis.

This is consistent with the prevailing threshold being implemented for Retail Competition and Open Access (RCOA) in Luzon and Visayas.

It said 239 end-users in Mindanao could potentially qualify to participate in RCOA with this threshold.   About 102 end-users in Mindanao would qualify if the threshold were set at 1-megawatt or higher.

The ERC said the RCOA framework has evolved since its inception in 2013 and this progress in the market, coupled with the forthcoming release of the ERC’s Omnibus Rules for Customer Choice Programs in the Retail Electricity Sector, would address various implementation challenges and ensure a seamless implementation of the consumer’s power of choice in the power sector in Mindanao.

“The commission views the commencement of RCOA in Mindanao with immense optimism. We will continue to support and ensure that customers in Luzon, Visayas and Mindanao will be able to exercise meaningfully their power to choose suppliers as a way to realize reasonable price of electricity,” said ERC chairperson Monalisa Dimalanta.

“Over the next few months, the ERC will conduct an aggressive information campaign to capacitate our contestable customers with the ability to effectively transact in the retail market and properly discern the best terms of power supply suited to their needs,” she said.

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