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Senator Win Gatchalian is urging the Energy Regulatory Commission (ERC) and power generating companies (GenCos) to relax the provisions in the Power Supply Agreements (PSAs) so that consumers will not have to pay for unused electricity since there has been a decrease in electricity demand during this time of enhanced community quarantine. Gatchalian expressed fears that […]
Senator Win Gatchalian is urging the Energy Regulatory Commission (ERC) to stick to its commitments on the final determination of the National Grid Corporation of the Philippines’ (NGCP) fourth regulatory period. During the deliberation of the ERC’s proposed ₱954.944 million budget for 2020, Gatchalian grilled ERC chairperson and CEO Agnes Devanadera on the delayed regulatory […]
The Senate Committee on Energy will take another look at the possible reason preventing the National Grid Corporation of the Philippines (NGCP) from going public. Senator Win Gatchalian, chair of the Senate Committee on Energy, stressed that the initial public offering (IPO) of NGCP, which is mandated under the law, is now long overdue as […]
Senator Win Gatchalian commended government efforts to boost its fight against the anti-competitive and collusive behavior in the power sector as a partnership was forged in conducting a coordinated investigation related to competition issues in the industry. Gatchalian made the statement following the signing of a memorandum of agreement between the Energy Regulatory Commission (ERC) […]
The National Electrification Administration (NEA) is directing the Zamboanga City Electric Cooperative, Inc. (ZAMCELCO) to explore all possibilities to address its power supply problem caused by a dispute with one of its suppliers. NEA Administrator Edgardo Masongsong said it is urgent for ZAMCELCO to adopt a necessary measure other than installing modular generator sets to […]
The National Electrification Administration (NEA) is ramping up efforts to assist the Occidental Mindoro Electric Cooperative, Inc. (OMECO) as an electricity crisis looms over its franchise area after one of its power suppliers suspended operations. The Occidental Mindoro Consolidated Power Corp. (OMCPC), which supplies 70 percent of electricity in the province, temporarily shut down its […]
The Energy Regulatory Commission (ERC) is eyeing to collaborate with the National Electrification Administration (NEA) on an initiative aimed at fast-tracking the approval of the electric cooperative’s capital expenditure (CapEx) projects. In a recent meeting between the NEA and ERC officials led by Administrator Edgardo Masongsong and Chairperson Agnes Devanadera, respectively, the adoption of a […]
Two of the largest electric cooperative (EC) groups in the country said on Wednesday that the Power Sector Assets and Liabilities Management Corp or PSALM “must be made to explain its ballooning debts” that have a direct bearing on renewed proposals to hike electricity prices. In a hearing before the Senate Energy Committee last Tuesday, […]
The Senate Committee on Energy is studying the possibility of using the ₱204 billion Malampaya Fund to reduce the universal charge (UC) paid by end-consumers on their monthly electricity bills, which could result in household savings as high as ₱2,033.76 annually. The committee took up Senate Bill No. 924, authored by Senate President Pro-Tempore Ralph […]
Senate President Aquilino “Koko” Pimentel III said that the members of the Senate would exhaust all efforts to find a “reasonable middle ground” with their counterparts from the House of Representatives in order to restore funding for three government agencies that were given a budget of 1,000 pesos each: the Commission on Human Rights (CHR), […]