THE Energy Regulatory Commission (ERC) has approved the application of Sabang Renewable Energy Corp. (SREC) to provide electricity to an off-grid site in Puerto Princesa, Palawan.
“The approval of [SREC’s] application will benefit the residents and establishments located in the Sabang-Cabayugan area by providing a long-term and strategic solution involving a private-public partnership and by offering an eco-friendly solution to their power woes,” said Jose Vicente B. Salazar, ERC chairman and chief executive, said in a statement on Wednesday.
The ERC move to allow the company to operate in Barangay Cabayugan as a “qualified third party” (QTP) comes after the Sabang-Cabayugan area was declared as an unviable area and open for provision of electricity service by a third party.
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