The government is considering the use of a portion of the P228-billion Malampaya fund to reduce power costs in the Philippines, an energy official said over the weekend. “The DoE was informed that about P228 billion was deposited to the special account of the fund three months ago. This can be verified with the Department…
Tag: systems loss
Gatchalian seeks lower pass-on power charges
Sen. Sherwin Gatchalian is seeking the immediate passage of a bill, which seeks to lower electricity rates by as much as 15.67 centavos per kilowatt hour through the reduction of charges passed on to consumers by power companies. Senate Bill 1188, or the proposed “Recoverable System Loss Act,” lowers the system loss cap – the…
ERC commissions study on system loss charges
The Energy Regulatory Commission (ERC) has tapped a third party consultant to do a review on the system loss charges aimed to reduce the pass-on burden to consumers. The power regulator commissioned a third party to study and make reconmmendations on the system loss charges aimed to benefit consumers, ERC spokesperson Floresinda Digal said after…
Systems loss pass-on charge to be reviewed
THE ENERGY Regulatory Commission (ERC) is looking at reviewing the power systems loss that is billed consumers amid calls to bring down electricity costs, an official of the agency said. “Probably this is the right time to bring it down with the clamor to reduce power cost,” ERC Commissioner Alfredo J. Non said on Thursday…
Winnergy Holdings Corp. 