Page 10 - Agnes Devanadera News Today

Ignacio R. Bunye Today, March 8, marks International Women’s Day  and the whole of March is observed as International Women’s Month. This momentous occasion is a fitting opportunity to celebrate women’s achievements, to raise greater awareness and to lobby for accelerated women’s equality. In the Philippines, much has been achieved in terms of gender equality. We have elected two woman Presidents, President Corazon C. Aquino and President Gloria Macapagal-Arroyo. The latter is also the...

Cabinet Secretary Karlo Nograles (MANILA BULLETIN FILE PHOTO) Cabinet Secretary Karlo Nograles made the announcement as some consumers got their power lines disconnected after the order for distribution utilities (DUs) to observe the no-disconnection policy expired on January 1. In his virtual presser on Thursday morning, Nograles said President Duterte “readily approved” the recommendation made by the DOE during their Cabinet meeting on Wednesday, January 3, to continue the no-disconnecti...

ERC audits ECs on use of funds collected from consumers Danessa Rivera © STAR/ File ERC audits ECs on use of funds collected from consumers MANILA, Philippines — The Energy Regulatory Commission (ERC) is auditing electric cooperatives (ECs) on their usage of funds collected from consumers. “We are duty-bound to promote and protect the consumers’ interest and the impending audit of the ECs’ Reinvestment Fund for Sustainable Capital Expenditures, or RFSC, will establish...

Press Release Gatchalian to ERC: Demand refund if Visayan Electrics charges are unjustifiable Senator Win Gatchalian said a refund should be in order if it will be proven that a violation has been committed by the Visayan Electric Company (VECO) because of its high cost of electricity. Gatchalian took note of the January 4, 2021 directive issued by the Energy Regulatory Commission (ERC) to VECO demanding an explanation on the high cost of electricity specifically citing that from January to Oct...

Sen. Sherwin Gatchalian(Senate of the Philippines / MANILA BULLETIN FILE PHOTO) Gatchalian, chairman of the Senate energy committee, took note of the January 4, 2021 directive issued by the Energy Regulatory Commission (ERC) to VECO demanding an explanation on the high cost of electricity.  The directive cited that from January to October 2020, the power purchases made from Cebu Private Power Corp. (CPPC) averaged at P35.3853 per kilowatt hour (kWh), with generation rate spiking significantly ...

3rd party to review Meralco refunds Danessa Rivera © STAR/File 3rd party to review Meralco refunds MANILA, Philippines — The Energy Regulatory Commission (ERC) has tapped a third party to conduct a review on the refunds to be made by Manila Electric Co. (Meralco) to its customers. Roxas Cruz Tagle and Co. was awarded the contract for the Meralco audit after having submitted the highest rated and responsive bid. It is a Philippine member firm of BDO International Ltd., the f...

SunStar SunStar File + January 08, 2021 THE Energy Regulatory Commission (ERC) has ordered the Visayan Electric Company to submit an explanation over its alleged high power rates. In a letter dated Jan. 4, 2021, ERC chairperson and chief executive officer Agnes Devanadera directed the Visayan Electric to submit an explanation regarding the high electricity rates charged by it and its perceived violation of Section 45 (b) of Republic Act 9136 of the Electric Power Industry Reform Ac...

ERC orders Meralco to refund P1.4 billion in excess collections Dec 29, 2020 9:58 PM PHT The Energy Regulatory Commission (ERC) ordered the Manila Electric Company (Meralco) to return to consumers a total of P1.4 billion in over collections from 2017 to 2019. The ERC on Tuesday, December 29, said the over collections were found in the pass-though costs: transmission, system loss, lifeline subsidy, and senior citizen discount rates. The ERC ordered Meralco to return the excess collections at an ...

December 18, 2020 | 6:03 pm Font Size Agnes VST Devanadera, chairperson and chief executive officer, Energy Regulatory Commission — BW File Photo THE Energy Regulatory Commission (ERC) has set new regulations for the allowable planned and unplanned outages of coal, gas, diesel, renewables, oil-fired thermal and combined cycle power plants, it said on Friday. In a statement, the ERC said these “stringent rules” are meant to ensure the reliability, security and affordability of e...