ERC to review effect of $3.3-B natural gas deal
THE Energy Regulatory Commission (ERC) will review the impact of the $3.3-billion LNG (liquefied natural gas) deal on consumer prices.
Monalisa Dimalanta latest news
Meralco customers to get refund in March
MANILA, Philippines — Customers of the Manila Electric Co. (Meralco) will get a refund in March corresponding to the increase in Malampaya gas price of First Gas Power Corp.
Press Release - Gatchalian seeks stiffer penalty vs mismanagement of power-related issues
Senator Win Gatchalian wants stiffer penalties imposed against industry players found guilty of mismanaging power-related issues that result in economic losses.
NGCP failed to send out crucial updates before Panay grid failure, officials say
Metro Manila (CNN Philippines, January 11) The House Committee on Energy on Thursday wants the National Grid Corporation of the Philippines (NGCP) to explain why it was not able to send out its usual updates to other energy agencies hours before the Jan. 2 blackout in Western Visayas.
NGCP hits ERC for failure to conduct regulatory reset
MANILA, Philippines — The National Grid Corp. of the Philippines has branded as unfair the Energy Regulatory Commission’s decision to disallow some of the NGCP’s expenses, saying the ERC should be blamed for its failure to conduct the needed regulatory reset.
DOE asks Meralco to hold bidding for cancelled power supply contracts
The Department of Energy (DOE) asked power retailer Manila Electric Co. (Meralco) to revise its power supply procurement plan to include competitive selection process (CSP) or bidding for terminated power supply agreement (PSA) contracts.
Press Release - Hontiveros presses energy officials to implement game-changing reforms to reduce electricity costs
Senator Risa Hontiveros is advocating for game-changing reforms in the energy sector to alleviate the burden of high power rates on Filipino consumers. She insists on the need to reduce the National Grid Corporation of the Philippines (NGCP) and other private distribution utilities' (PDUs) hefty Weighted Average Cost of Capital (WACC) and eliminate the value-added tax (VAT) imposed on system losses and lifeline subsidies.
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