^
+ Follow CHAIRMAN RODOLFO B Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 375112
                    [Title] => TransCo mulls rate hike to recover rehab costs
                    [Summary] => 



The National Transmission Corp. (TransCo) is considering filing for a possible rate increase at the Energy Regulatory Commission (ERC) to recover the cost of rehabilitation of its facilities destroyed by the recent typhoons, a ranking company official said.


TransCo president Arthur Aguilar, however, said the rate hike which is expected to be filed early next year, will be "negligible".

"It could be one centavo or a few centavos adjustment," he said.

TransCo has already sent its Notice of Force Majeure Event to the ERC.
[DatePublished] => 2006-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 359689 [Title] => Philexport urged to shed bias in giving status of power industry [Summary] => The Energy Regulatory Commission (ERC) has urged the Philippine Export Confederation (Philexport), a private sector team tasked to make an action agenda related to power concerns, to remain calm and objective in presenting the status of the electric power industry in the country.

The ERC’s advice is relative to Philexport’s recent claims that, "electricity costs and dwindling generation capacity remain some of the biggest factors that make it harder for people to do business in the Philippines compared to other countries in Asia."
[DatePublished] => 2006-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 342706 [Title] => Tripartite body proposes bid cap of P62,000/kWh for WESM [Summary] => A tripartite committee composed by the Department of Energy (DOE), the Philippine Electricity Market Corp. (PEMC) and the Energy Regulatory Commission (ERC)  has proposed a price ceiling or a bid cap of P62,000 per kilowatthour (kWh) to apply during the commercial operation of the country’s wholesale electricity spot market (WESM).

The ERC is currently asking concerned parties to comment on the price cap.

According to the ERC, industry’s comments on the initial bid cap should be submitted on or before June 19 this year.
[DatePublished] => 2006-06-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 255351 [Title] => ERC approves competition rules for electricity sector [Summary] => The Energy Regulatory Commission (ERC) has approved competition rules for the electricity sector that will favor market development while providing more options for customers.

"The rules will hopefully result in a fair trade practice among the industry players. Consumers stand to be protected by these rules," ERC Chairman Rodolfo B. Albano Jr. said.
[DatePublished] => 2004-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 242008 [Title] => DOF asked to review Meralco franchise tax for possible rate reduction [Summary] => The Energy Regulatory Commission (ERC) has urged the Department of Finance (DOF) to carefully review the franchise tax by the Manila Electric Co. (Meralco) for a possible lowering of power rates for Meralco customers.

In its comment submitted to the DOF, the ERC said the provision of the Electric Power Industry Reform Act (EPIRA) states that "a distribution utility shall pay a franchise tax only on its distribution wheeling and captive market supply revenues".
[DatePublished] => 2004-03-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CHAIRMAN RODOLFO B
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 375112
                    [Title] => TransCo mulls rate hike to recover rehab costs
                    [Summary] => 



The National Transmission Corp. (TransCo) is considering filing for a possible rate increase at the Energy Regulatory Commission (ERC) to recover the cost of rehabilitation of its facilities destroyed by the recent typhoons, a ranking company official said.


TransCo president Arthur Aguilar, however, said the rate hike which is expected to be filed early next year, will be "negligible".

"It could be one centavo or a few centavos adjustment," he said.

TransCo has already sent its Notice of Force Majeure Event to the ERC.
[DatePublished] => 2006-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 359689 [Title] => Philexport urged to shed bias in giving status of power industry [Summary] => The Energy Regulatory Commission (ERC) has urged the Philippine Export Confederation (Philexport), a private sector team tasked to make an action agenda related to power concerns, to remain calm and objective in presenting the status of the electric power industry in the country.

The ERC’s advice is relative to Philexport’s recent claims that, "electricity costs and dwindling generation capacity remain some of the biggest factors that make it harder for people to do business in the Philippines compared to other countries in Asia."
[DatePublished] => 2006-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 342706 [Title] => Tripartite body proposes bid cap of P62,000/kWh for WESM [Summary] => A tripartite committee composed by the Department of Energy (DOE), the Philippine Electricity Market Corp. (PEMC) and the Energy Regulatory Commission (ERC)  has proposed a price ceiling or a bid cap of P62,000 per kilowatthour (kWh) to apply during the commercial operation of the country’s wholesale electricity spot market (WESM).

The ERC is currently asking concerned parties to comment on the price cap.

According to the ERC, industry’s comments on the initial bid cap should be submitted on or before June 19 this year.
[DatePublished] => 2006-06-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 255351 [Title] => ERC approves competition rules for electricity sector [Summary] => The Energy Regulatory Commission (ERC) has approved competition rules for the electricity sector that will favor market development while providing more options for customers.

"The rules will hopefully result in a fair trade practice among the industry players. Consumers stand to be protected by these rules," ERC Chairman Rodolfo B. Albano Jr. said.
[DatePublished] => 2004-06-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 242008 [Title] => DOF asked to review Meralco franchise tax for possible rate reduction [Summary] => The Energy Regulatory Commission (ERC) has urged the Department of Finance (DOF) to carefully review the franchise tax by the Manila Electric Co. (Meralco) for a possible lowering of power rates for Meralco customers.

In its comment submitted to the DOF, the ERC said the provision of the Electric Power Industry Reform Act (EPIRA) states that "a distribution utility shall pay a franchise tax only on its distribution wheeling and captive market supply revenues".
[DatePublished] => 2004-03-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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