Invitation to comment on the proposed Guidelines for the Reinstatement of the 50% Prompt Payment Discount in the Revenue Requirements of the Distribution Utilities

Notice is hereby given that the proposed Guidelines for the Reinstatement of the 50% Prompt Payment Discount in the Revenue Requirements of the Distribution Utilities drafted by the Commission is scheduled for a public consultation on August 12, 2005 at nine thirty in the morning (9:30AM) at the ERC Hearing Room, 15th Floor Pacific Center Building, San Miguel Avenue, Ortigas Complex, Pasig City.

All interested parties may submit their comments (both hard and soft copies) on the proposed guidelines on or before August 8, 2005. Only parties who have filed their written comments on or before the prescribed period would be considered parties of record in the above scheduled public consultation. The proposed guidelines may be photocopied, at cost, during the regular office hours at the ERC Main Office at the above-mentioned address or may be downloaded from the ERC Website at www.erc.gov.ph.

Draft Guidelines for the Reinstatement of the 50% Prompt Payment Discount in the Revenue Requirements of the Distribution Utilities
Annex A
Annex B

July 22, 2005

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