STATEMENT: SC decision portends lower rates for electricity ratepayers

2019-05-14T14:01:02+08:0010 May 2019|Tags: , , , , , , , |

10 May 2019 -- The cloud of uncertainty that hovered over stakeholders in the power sector was lifted by the Supreme Court (SC) decision on the competitive procurement of power supply by distribution utilities, mainly for residential ratepayers, last May 3. The aims and expected results of that decision are to be lauded. If the Department [...]

ERC promotes cheaper, more reliable energy through new draft rules: think tank

2019-04-11T16:29:30+08:0004 Apr 2019|Tags: , , , |

PRESS RELEASE MANILA, 3 April 2019 – An international policy group commended the Energy Regulatory Commission (ERC) today for promoting fair competition in pursuit of cheaper, more reliable power in the draft rules it recently issued covering power supply agreements (PSAs). “The ERC is right to protect the public from fluctuating fuel prices in its latest [...]