September 4, 2024

SMC: Supreme Court junks ERC appeal on power deals

By Lenie Lectura – September 4, 2024 from Business Mirror San Miguel Corp. (SMC) said Tuesday the Supreme Court (SC) denied with finality an appeal filed by the Energy Regulatory Commission (ERC) against the power supply agreements (PSAs) it forged […]
August 30, 2024

ERC strengthens rules on customer choice programs

By Alena Mae S. Flores – August 29, 2024, 7:40 pm From manilastandard.net The Energy Regulatory Commission (ERC) released the omnibus rules on consumer choice program in the retail electricity market to drive competition and empower consumers. The consumer choice […]
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ERC rules: ‘Longstop date’ is no longer valid as ground for PSA termination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; […]
August 16, 2024

Meralco cleared to hike power cost by P0.33 per kWh

By Alena Mae S. Flores – August 15, 2024, 7:30 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved power retailer Manila Electric Co.’s (Meralco) bid to implement an increase of up to P0.33 per kilowatt-hour to recover the fuel […]