September 30, 2024

NPC asks for ERC approval of power rate adjustments

By Lenie Lectura – September 30, 2024 from Business Mirror THE National Power Corp. (NPC) is seeking to recover P6.8 billion in fuel cost incurred in 2022 through the Generation Rate Adjustment Mechanism (GRAM) over a two-year period for an […]
February 2, 2023

NPC wants to recover fuel cost

BY LENIE LECTURA – FEBRUARY 2, 2023 From Business Mirror The National Power Corp. (NPC) is seeking to recover over P1 billion in fuel cost it incurred in 2020. In a filing with the Energy Regulatory Commission (ERC), the state […]
March 15, 2017

NPC seeks P1.078-billion recovery cost adjustment from fuel-price fluctuations

By Lenie Lectura – March 13, 2017 from Business Mirror The National Power Corp. (NPC) has filed an application for recovery cost adjustments worth P1.078 billion. The amount represents additional operating costs incurred by NPC-SPUG (Small Power Utilities Group) as a result of […]