NOTICE: Invitation to submit comments on the RTWR Draft Determination

On December 18, 2009, the National Grid Corporation of the Philippines (NGCP) filed an application for approval of its maximum annual revenue for the third regulatory period (2011-2015) during the regulatory reset process for the third regulatory period in accordance with the alternative form of rate setting methodology under the Rules in Setting the Transmission Wheeling Rates (RTWR).

Having found said application sufficient in form and substance, the Commission set the same for jurisdictional hearing, expository presentation and pre-trial conference on January 13, 20 and 25, 2010 and evidentiary hearings on February 11, 12, 15, 16, 17, 18 and 19, 2010.   Said public hearings were scheduled with the end view of reaching out to as many stakeholders as possible, including consumers, who would be affected by the resolution of the application.

During the public hearings, NGCP presented several witnesses, who testified in support of its application.

In accordance with the RTWR and the Regulatory Reset Position Paper, the Commission shall issue a Draft Determination.  Said Draft Determination embodies the Commission’s preliminary position on the price control arrangements that should apply to the Third Regulatory Period and describes its initial evaluation of NGCP’s proposals in the instant application, as well as the evidence presented in support thereof during the public hearings up to the date of this issuance. 

It is important to note that the Draft Determination is not a final decision.  This will only provide an opportunity for interested parties to comment and discuss the Commission’s evaluation during the public consultations and/or hearings to be held for that purpose, prior to the final determination.  The final determination will be issued by the Commission after the termination of the presentation of evidence by all the parties (both documentary and testimonial) during the public consultations and/or hearings and only after it has conducted a complete evaluation thereof.

The Draft Determination may be downloaded from the Commission’s official website at www.erc.gov.ph or may be photocopied at cost during the usual office hours from the ERC Docket Section at the 22nd Floor, Pacific Center Building, San Miguel Avenue, Pasig City.  Relative thereto, the Draft Determination is hereby set for public consultation on the following dates and venues:

Date	Time	Venue
August 17, 2010 (Tuesday	nine o’clock in the morning (9:00 A.M.)	ERC Mindanao Field Office, Mezzanine Floor, Mintrade Building, Monteverde corner Sales Sts., Davao City
August 18, 2010 (Wednesday)	nine o’clock in the morning (9:00 A.M.)	ERC Hearing Room, 15th Floor, Pacific Center Building, San Miguel Avenue, Pasig City
August 20, 2010 (Friday)	nine o’clock in the morning (9:00 A.M.)	ERC Visayas Field Office, Ground Floor, Machay Building, Gorordo Avenue, Cebu City

Interested parties are hereby given until August 6, 2010 (Friday) to submit their written comments on the Draft Determination (both hard and soft copies) to the aforementioned address (soft copies may be sent to info@erc.gov.ph). The Commission encourages submission of said comments in its preferred format hereto attached as Annex “A”.  On the other hand, those who may wish to have a copy of the Draft Determination may request NGCP.  NGCP is hereby directed to furnish all those making such requests with copies of the Draft Determination, subject to reimbursement of reasonable photocopying costs.  Any party may examine the Draft Determination and other pertinent records filed with the Commission during the usual office hours.

Finally, NGCP is hereby directed to:

NGCP Expenditures Review
NGCP Draft Determination
Format For Comments

July 21, 2010

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