^
+ Follow DEFERRED ACCOUNTING ADJUSTMENTS Tag
DEFERRED ACCOUNTING ADJUSTMENTS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 425909
                    [Title] => ERC rejects rate hike for Napocor
                    [Summary] => 

The Energy Regulatory Commission (ERC) yesterday junked the petition of the National Power Corp. (Napocor) to increase its basic generation charge by 36.85 centavos per kilowatthour (kWh) in the Luzon grid.

[DatePublished] => 2008-12-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 262892 [Title] => ERC asked to clarify its decision to grant Meralco rate hike bid [Summary] => Businessman and consumer advocate Raul T. Concepcion is seeking an explanation from the Energy Regulatory Commission (ERC) on the latter’s recent decision granting Manila Electric Co. (Meralco) a 17-centavo rate hike under the generation rate adjustment mechanism (GRAM).

Concepcion, chairman of the Consumer and Oil Price Watch (COPW), said while they acknowledge that the rate increase will be revenue-neutral on Meralco’s part, they still need to clarify some issues on the ERC approval.
[DatePublished] => 2004-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 262533 [Title] => Meralco’s 17¢ rate hike OK’d [Summary] => With consumers still reeling from high oil prices, the Energy Regulatory Commission (ERC) has approved a 17-centavo rate increase application of the Lopez-controlled Manila Electric Co. (Meralco).

In an order dated Aug. 20, the ERC gave Meralco the go-signal to charge the new generation rate of P0.1737 per kilowatt-hour (kwh) starting September.

This is the third time since the inception of the Generation Rate Adjustment Mechanism (GRAM) that Meralco applied for a revision in its generation costs.
[DatePublished] => 2004-08-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with