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Delays in the rate review process mean the National Grid Corporation of the Philippines will continue to charge transmission rates that critics have described as ‘excessive’
The Energy Regulatory Commission (ERC) is set to start hearings on the application of the maximum annual revenue (MAR) for the 5th regulatory period (RP) of the National Grid Corporation of the Philippines (NGCP). The agency has set a pre-trial briefing this month while the presentation of evidence has been…
Good day. Here are the top stories of The Manila Times for Monday, Dec. 4, 2023.
The Manila Electric Co. (Meralco) should refund its customers a total of P150 billion, a former commissioner of the Energy Regulatory Commission (ERC) told the agency. In a recent radio interview, Alfredo Non said that based on his own computation, Meralco customers are supposedly entitled to a one-time refund amounting…
Conclusion Board of Accountancy Resolution 36-2019 was issued on July 18, 2019, to repeal BOA Resolution 3-2019 and other related resolutions pertaining to the game-changing requirements on the compilation services for the preparation of financial statements and the notes thereto by Certified Public Accountants (CPAs). As discussed in last week’s…