Balita.org: Your Premier Source for Comprehensive Philippines News and Insights! We bring you the latest news, stories, and updates on a wide range of topics, including politics, culture, economy, and more. Stay tuned to know everything you wish about your favorite stars 24/7.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Press Release - Gatchalian calls for swift power supply agreement approval to ensure uninterrupted electricity

Senator Win Gatchalian has called on the Energy Regulatory Commission (ERC) to approve on time the power supply agreements (PSAs) between distribution utilities (DUs) and generation companies to ensure a steady supply of electricity at affordable rates for the benefit of consumers.

Gatchalian made the call following the recent issuance by the ERC of a competitive selection process (CSP) guidelines, which refers to the procurement mechanism for a DU to procure supply from generation companies through competitive bidding as mandated by the Department of Energy (DOE).

"We're hoping that strict implementation of the bidding guidelines would result in the timely approval by the ERC of PSAs and help DUs to procure supply at the least cost for the benefit of consumers," said Gatchalian. He noted that from 2003 to 2023, there were a total of 527 pending PSAs before the ERC. This year, there are 16 pending PSAs before the ERC, slightly lower from last year's 18.

"Inaasahan natin na mas magiging maayos ang kalagayan ng suplay para sa mga kooperatiba at mga konsyumer," he said.

The senator also emphasized that the ERC should immediately implement the provisions of the new power bidding guidelines issued by the agency to ensure compliance of distribution utilities and active participation of consumer groups.

According to him, the ERC should also encourage consumer groups to participate in the bidding through active monitoring, a privilege that wasn't previously afforded them. This would help ensure transparency in the implementation of the CSP and enhance accountability in every PSAs.

"We need better accountability in the implementation of the PSAs, which means it is more difficult for generation companies to just walk away from the PSAs. This would help stabilize energy supply and eliminate surprises in terms of pricing," Gatchalian explained.

Gatchalian nanawagan ng mabilis na pag-apruba ng power supply agreement upang matiyak ang tuluy-tuloy na kuryente

Nanawagan si Senador Win Gatchalian sa Energy Regulatory Commission (ERC) na aprubahan sa tamang oras ang mga power supply agreement (PSAs) sa pagitan ng distribution utilities (DUs), tulad ng Meralco, at generation

Read more on legacy.senate.gov.ph