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 […]
July 20, 2023

Iloilo consumers experiencing downtrend in electricity rates

BY MYRNA M. VELASCO – Jul 19, 2023 02:24 PM from Manila Bulletin Consumers in Iloilo City have been experiencing relief in their pockets as electricity rates billed by their distribution utility MORE Electric and Power Corporation have been on […]
July 19, 2023

ERC to seek DOE guidance for geothermal, hydro auction

BY MYRNA M. VELASCO – Jul 18, 2023 04:21 PM from Manila Bulletin The Energy Regulatory Commission (ERC) will seek guidance from the Department of Energy (DOE) in setting the price of hydro and geothermal capacities under the green energy […]