Republic of the Philippines


A world class and independent electric power industry regulator that equitably promotes and protects the interests of consumers and other stakeholders, to enable the delivery of long-term benefits that contribute to sustained economic growth and an improved quality of life.

Notice, ERC Case No. 2023-003 RM, In Re: Preliminary Green Energy Auction Reserve (GEAR) Prices

Notice is hereby given that on 24 May 2023, the Commission has approved the posting in its official website at the "Preliminary Green Energy Auction Reserve (GEAR) Prices for Round 2" with attached Annex A, which may be downloaded from the Commission's official website:

All interested parties are required to submit their comments using the prescribed template for comments on the preliminary prices on or before 31 May 2023. Electronic copies may be sent to, copy furnished the Market Operations Service - Renewable Energy Division through

Thereafter, the preliminary price will be set for a virtual public consultation on 01 June 2023 at 1:30 P.M. via Microsoft Teams

All comments, written or oral, received by the Commission shall form part of the records of this rule-making proceeding and shall be considered in the finalization of the Resolution.



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