August 31, 2018

Consumers may pay for NPC’s stranded debts, contract costs

By Lenie Lectura – August 29, 2018 from Business Mirror CONSUMERS should expect to pay for an accumulated universal charge (UC) of P0.5593 per kilowatt hour (kWh) from 2020 to 2026, unless government agrees to utilize the P207-billion Malampaya fund […]
July 25, 2017

PSALM gets regulator’s nod to collect P37 billion from NPC

By Lenie Lectura – JULY 24, 2017 from Business Mirror THE Energy Regulatory Commission (ERC) has allowed the Power Sector Assets and Liabilities Management (PSALM) Corp. to collect from consumers a total of P37 billion, representing the stranded debts and stranded contract costs […]
July 11, 2017

PSALM to recover P3.7B via universal charge

By Lenie Lectura – July 9, 2017 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is seeking regulatory approval to pass on to end users the stranded debt of the National Power Corp. (NPC) amounting to P3.7 billion through […]