August 15, 2019
Published by admin at August 15, 2019
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PEMC operator: We complied with ERC 1.77-billion refund order

By Lenie Lectura – August 15, 2019 from Business Mirror THE Philippine Electricity Market Corp. (PEMC)/Market Operator said Wednesday it has complied with the refund order of the Energy Regulatory Commission (ERC). “We are rectifying the misallocation of the NSS […]
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August 13, 2019
Published by admin at August 13, 2019
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13 M consumers face brownouts, rate hikes – ERC

By Myrna M. Velasco – August 11, 2019, 10:00 PM from Manila Bulletin As SC invalidates more than 100 PSAs Rotational brownouts and higher electricity rates may await millions of Filipinos in the areas being served by more than hundred […]
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August 10, 2019
Published by admin at August 10, 2019
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WESM operator directed to refund P1.77 B by ERC

By Myrna M. Velasco – August 9, 2019, 10:00 PM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) has been directed to refund P1.774 billion to its trading participants; due to “miscalculation” in the net settlement […]
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August 10, 2019
Published by admin at August 10, 2019
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ERC: Supreme Court ruling affects P50-billion power contracts

By Alena Mae S. Flores – August 09, 2019 at 08:35 pm from manilastandard.net The Energy Regulatory Commission on Friday said some P50 billion worth of power supply contracts will be affected by the Supreme Court ruling on the competitive […]
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