Meralco is proposing to refund the difference between the Actual Weighted Average Tariff (AWAT) and its approved final rate amounting to P19,096,911,515.00 over a period of 36 months at an average ...
In a letter to the ERC, Infrawatch PH called for the immediate release of the long overdue decision on Meralco’s fifth regulatory period (5RP) covering the years 2022 to 2026, which was ...
THE Energy Regulatory Commission (ERC) has adopted amendments to its resolution aimed at minimizing delays in the regulatory reset process for privately owned distribution utilities (DUs), focusing on ...
In addition, the Supreme Court said that the Ombudsman’s findings against ERC officials regarding Meralco’s fund management were insufficient grounds for them to intervene. It emphasized that ...
MANILA, Philippines — Customers of power distributor Manila Electric Co. (Meralco) can expect a refund of about P19.1 billion once the Energy Regulatory Commission (ERC) approves its application.
READ: Meralco rate reset completed by mid-2025, ERC chief says The group’s 5RP application initially covered the period from July 2022 to June 2026. However, due to “complex legal challenges … ...
THE Energy Regulatory Commission (ERC) said it would finish, in the first half of the year, the respective rate resets for National Grid Corp. of the Philippines (NGCP) and Manila Electric Co.
In March last year, the ERC declared that the power units of Aboitiz, SMC, Lopez dominate the generation sector. Aboitiz Equity Ventures Inc. topped the list with 5,745.22 MW or a share of 22.47 ...
To recall, the ERC in December ordered Meralco to refund expenses related to the regulatory rate reset process, such as tapping technical experts. Under a rate reset, entities are mandated to submit ...
Garin earlier urged senators to amend the ERC charter to allow price increases without regulatory approval as long as these fall within a set benchmark or bracket. Typical households in areas served ...
THE Energy Regulatory Commission (ERC) will review the market share limitations of Manila Electric Co. (Meralco), Aboitiz Power Corp. (AboitizPower), and San Miguel Global Power Holdings Corp. (San ...