February 27, 2019

DoE policy points to end of missionary electrification charge

By Victor V. Saulon – February 25, 2019 | 10:22 pm from Business World THE Department of Energy (DoE) signed what it called an omnibus missionary electrification policy for off-grid areas that will serve as a framework for future circulars […]
January 11, 2019

Napocor seeking to dispose of missionary fund excess

By Victor V. Saulon – January 10, 2019 | 9:48 pm from Business World PHILSTAR   THE National Power Corp. (Napocor) has asked the Energy Regulatory Commission (ERC) to allow it to offset the excess of the basic universal charge […]
June 19, 2018

Cusi seeks audit of P75-B energy subsidy fund

By Myrna M. Velasco – June 18, 2018, 10:00 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi is proposing an audit of the P74.883 billion worth of collections on universal charge for missionary electrification (UCME), as he noted that […]
March 1, 2017

NPC posts P1.6-B net income in 2016

By Myrna M. Velasco – February 28, 2017, 10:01 PM from Manila Bulletin The net income of state-run National Power Corporation (NPC) was still at considerably healthy balance in 2016 at P1.6 billion, although there was a dip from the year-ago […]