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NGCP: Ancillary service rates may rise by ₱0.10/kWh - Vimarsana News

NGCP: Ancillary service rates may rise by ₱0.10/kWh

The National Grid Corporation of the Philippines (NGCP) said ancillary service (AS) rates are likely to go up by over P0.10 per kilowatt hour (kWh) following the partial lifting of the suspension on reserve market (RM) settlements imposed by the Energy Regulatory Commission (ERC). AS is a pass-through charge and…