Republic of the Philippines

ENERGY REGULATORY COMMISSION

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ERC OKAYS PSALM AND NPC-SPUG’S EXTENSION TO FILE UNIVERSAL CHARGES AVAILMENT

The Energy Regulatory Commission (ERC) granted on 16 May 2017 the requests of the Power Sector Assets and Liabilities Management Corporation (PSALM) and the National Power Corporation-Small Power Utilities Group’s (NPC-SPUG), respectively, for extension to submit their petitions for the availment of the Universal Charge (UC).  With ERC’s approval, PSALM is authorized to file its petition for Stranded Contract Costs (SCC) and Stranded Debts (SD) portion of the UC for CY 2016 and update its implementation of CYs 2007 – 2010 NPC’s SCC Portion of the UC under the true-up adjustment on or before 31 July 2017.  Meanwhile, NPC-SPUG may file its petition for CY 2018 UC – Missionary Electrification (UC-ME) subsidy requirement on or before 13 June 2017.

"We have resolved to accede to the requests of PSALM and NPC-SPUG to enable them to complete all the necessary documents to support their respective petitions”, Officer-In-
Charge Alfredo J. Non clarified.  

PSALM and NPC-SPUG communicated to ERC that they were constrained to request for an additional period of time within which to submit the required petitions since the original deadline is no longer feasible for them considering the availability of the certified financial statements which will serve as the bases in calculating the subject availments.

It must be recalled that R.A. 9136 or the Electric Power Industry Reform Act (EPIRA) of 2001 has specified that the petitions for the availment of Universal Charges (UC) for subsequent years shall be submitted to the ERC on or before the 15th of March every year.  The ERC has previously granted similar requests of PSALM and NPC-SPUG for extension to file petitions.  

 

Today at ERC
Wednesday, September 20, 2017

Hearing Schedules
Time:
10:00
Case No.:
2017-064 CF [JU] [EX] [PT] [EV]
Applicant:
MASELCO
Venue:
ERC Hearing Room (15th Floor)
Title:
Application for Confirmation and Approval of Calculations of Over or Under Recoveries in the Implementation of Automatic Cost Adjustments and True Up Mechanisms Covering the Period 2014 to 2016, Pursuant to ERC Resolution No. 16, Series of 2009, As Amended by ERC Resolution No. 21, Series of 2010 and ERC Resolution No. 2013, Series of 2010
Time:
10:00
Case No.:
2015-223 RC [JU] [EX] [PT] [EV]
Applicant:
TRANSCO, DANECO & DLPC
Venue:
ERC Mindanao Field Office, Mintrade Bldg., Monteverde Avenue corner Sales Street, Davao City
Title:
Application for the Approval of the Sale of Various Sub-transmission Lines/Assets of the National Transmission Corporation (TRASCO) to the Consortium of Davao del Norte Electric Cooperative, Inc. (DANECO) and Davao Light and Power Company, Inc. (DLPC) as Covered by a Contract to Sell dated 06 March 2012
Time:
14:00
Case No.:
2017-054 CF [JU] [EX] [PT] [EV]
Applicant:
BATELEC II
Venue:
ERC Hearing Room (15th Floor)
Title:
Application for Confirmation and Approval of Calculations of Over or Under Recoveries in the Implementation of Automatic Cost Adjustments and True Up Mechanisms Covering the Period 2014 to 2016, Pursuant to ERC Resolution No. 16, Series of 2009, As Amended by ERC Resolution No. 21, Series of 2010 and ERC Resolution No. 23, Series of 2010
Time:
9:00
Case No.:
2017-042 RC [Pubcon]
Applicant:
PEMC
Venue:
Main Conference Room of Mindanao Development Authority Office, Old Airport Building, Old Airport Road, Km 9 Sasa, Davao City, 8000
Title:
Application for the Approval of the Price Determination Methodology for the Wholesale Electricity Spot Market (WESM)

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