December 6, 2024

ERC cuts permit processing time

By Lenie Lectura – December 6, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has reduced the processing time of the various permits of power firms. On Thursday, the ERC said it has issued 3,959 Certificates of Compliance (COCs) […]
October 23, 2024

BIR rules DUs, power co-op ineligible to claim input VAT

By Beatriz Marie D. Cruz – October 21, 2024 | 8:55 pm from Business World THE Bureau of Internal Revenue (BIR) said distribution utilities (DUs) and electric cooperatives (ECs) cannot claim input value-added tax (VAT) from generation and transmission charges, […]
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ERC rules: ‘Longstop date’ is no longer valid as ground for PSA termination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; […]
December 30, 2023

ERC analysis finds ‘notable’ disparity in movement of power, coal prices

By Alena Mae S. Flores – December 29, 2023, 9:30 pm from manilastandard.net The Energy Regulatory Commission (ERC) said an initial analysis of its fuel audit showed a “notable disparity” between the substantial reduction in coal prices globally compared to […]