IKOT.PH
Senator Risa Hontiveros pressed the Energy Regulatory Commission (ERC) to complete and release the results of its “long promised” reset of the Weighted Average Cost of Capital (WACC) for both transmission and distribution charges, which have directly contributed to rising power costs. Hontiveros made the statement after distribution utility giant Meralco announced that its power […]
Senator Win Gatchalian welcomes the appointment of lawyer Monalisa Carneo Dimalanta as the new chairperson of the Energy Regulatory Commission (ERC), replacing Atty. Agnes Devanadera who headed the agency for nearly five years. Gatchalian, who has commended the ERC in many instances in the past, urges its new chief to carry out the same mandate […]
A welcome relief amid the rising cost of living was how Senator Win Gatchalian viewed the P7.8 billion refund in electricity bills ordered by the Energy Regulatory Commission (ERC) to the Manila Electric Company (Meralco) for overcharges. “Given its mandate of protecting consumer interest as an independent electric power industry regulator, I laud the latest […]
Senator Win Gatchalian wants to dig deeper into the operations of underperforming distribution utilities (DUs) in the country amid persistent complaints of rolling brownouts in several areas in the country. Gatchalian, chair of the Senate Committee on Energy, recently filed Senate Resolution No. 1022, which directs the conduct of an inquiry, in aid of legislation, […]