Power News

May 16, 2017

ERC okays P7-billion refund of Meralco over-recoveries from 2014 to 2016

from BusinessMirror – May 15, 2017 THE Energy Regulatory Commission (ERC) has given the Manila Electric Co. (Meralco) the green light to refund consumers nearly P7 billion worth of over-recoveries incurred from 2014 to 2016. ERC Commissioner Alfredo J. Non said consumers will […]
May 15, 2017

ERC hit for inaction on feed-in tariff payments

by Alena Mae S. Flores – May 12, 2017 at 09:28 pm from Manila Standard Today Senator Sherwin Gatchalian slammed the Energy Regulatory Commission for its “regulatory inaction” that has resulted in a P6.6-billion backlog payment to renewable energy developers in the form […]
May 15, 2017

NGCP wants ‘settlement’ of ROW acquisitions at end of concession

By Myrna M. Velasco – May 14, 2017, 10:00 PM from Manila Bulletin Private concessionaire National Grid Corporation of the Philippines (NGCP) has communicated to government that it will just agree to account its project right-of-way (ROW) acquisitions by the end […]
May 15, 2017

Scrapping of zero VAT RE to drive up electricity rates

By Myrna M. Velasco – May 14, 2017, 10:01 PM from Manila Bulletin The country’s renewable energy (RE) developers are appealing to Congress for the retention of value-added tax (VAT) zero-rating incentive set forth for such projects, noting that enforcing otherwise […]
May 15, 2017

NGCP says ‘new technology’ eyed in Vis-Min grid link-up

By Myrna M. Velasco – May 8, 2017, 10:00 PM from Manila Bulletin Concessionaire-firm National Grid Corporation of the Philippines (NGCP) indicated that it will be deploying new technology in the planned Visayas-Mindanao Interconnection Project (VMIP), hence, the swell on […]
May 15, 2017

NREB mulls subsidy scheme for ‘stranded’ solar capacity

By Myrna M. Velasco – May 12, 2017, 10:00 PM from Manila Bulletin Beyond the regime of feed-in-tariff (FIT) system for emerging renewable energy technologies, the National Renewable Energy Board (NREB) asserted that it will be sorting out a new subsidy scheme […]
May 15, 2017

Tax issues make retail electricity costly

By Myrna M. Velasco – May 7, 2017, 10:00 PM from Manila Bulletin Several unresolved tax issues of the power industry have been dumping add-on costs to the supposedly competitive retail segment of the restructured electricity sector, making it a […]
May 11, 2017

Meralco customers to get refund in June

By Lenie Lectura – May 10, 2017 from Business Mirror THE Manila Electric Co. (Meralco) said on Wednesday it would most likely implement next month an impending regulatory order on its application to refund consumers nearly P7 billion worth of […]
May 4, 2017

Good news: Expect P0.75/kWh cut in electricity bills in next 3 months

By Myrna M. Velasco – May 3, 2017, 5:32 PM  from Manila Bulletin The Energy Regulatory Commission (ERC) has ordered power utility giant Manila Electric Company (Meralco) to refund P6.927 billion worth of estimated over-recoveries in the past three years – […]
May 3, 2017

DOE plans ‘efficient’ power plant shutdowns

By Myrna M. Velasco – May 1, 2017, 10:01 PM from Manila Bulletin Summer months next year will not be as jittery when it comes to strike of “tight supply dilemmas” with Energy Secretary Alfonso G. Cusi advancing word that they […]