July 22, 2023

Gov’t offers power rate discounts to 4.2 M customers

BY MYRNA M. VELASCO – Jul 21, 2023 04:45 PM from Manila Bulletin Discounted electricity rates are being offered to the country’s 4.2 million marginalized or lifeline consumers within the power usage bracket zero to 100 kilowatt-hours (kWhs). Energy Undersecretary […]
July 22, 2023

Lotilla laments ‘low regulatory ranking’ of PH power sector

ERC targets 75% passing rate BY MYRNA M. VELASCO – Jul 21, 2023 03:18 PM from Manila Bulletin Energy Secretary Raphael P.M. Lotilla is not pleased with the ‘low regulatory ranking’ of the Philippine power industry, pulled down by enforcement […]
July 21, 2023

ERC mulls scrapping pass-on NGCP franchise tax

BY MYRNA M. VELASCO – Jul 20, 2023 03:44 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is establishing legal ground for the targeted revocation of a previous resolution allowing pass-through of the 3.0-percent franchise tax of transmission firm […]
July 20, 2023

Rainy season prompts dip in electricity spot prices

BY MYRNA M. VELASCO – Jul 19, 2023 04:25 PM from Manila Bulletin Cooler temperatures have been significantly driving down prices in the Wholesale Electricity Spot Market (WESM). WESM operator Independent Electricity Market Operator of the Philippines (IEMOP) primarily indicated […]