February 5, 2022

ERC approves increased subsidized rates for SPUG suppliers

By Marielle C. Lucenio – February 2, 2022 | 8:24 pm from Business World THE Energy Regulatory Commission (ERC) has approved the petition of the National Power Corp. (NPC) to increase the subsidized approved generation rate for distribution utilities and […]
January 18, 2022

TransCo to operate in off-grid provinces

BY LENIE LECTURA – JANUARY 17, 2022 from Business Mirror State-led National Transmission Corp. (TransCo) will soon operate the grid systems in Palawan, Mindoro, Catanduanes and Marinduque. According to the Philippine Energy Plan 2020-2040, preparatory works for the development of […]
December 30, 2021

BIR, PSALM settle tax disputes with P517.71-million payment

By Luisa Maria Jacinta C. Jocson – December 29, 2021 | 10:02 pm from Business World THE Power Sector Assets and Liabilities Management Corp. (PSALM) and the Bureau of Internal Revenue (BIR) agreed to settle all their outstanding tax disputes, […]
December 25, 2021

Power co-ops report P1.12 billion worth of damage from ‘Odette’

By Marielle C. Lucenio – December 23, 2021 | 10:54 pm from Business World DAMAGE sustained by electric cooperatives from typhoon Odette (international name: Rai) is now estimated at P1.12 billion, about triple the previous estimate, the National Electrification Administration […]