Republic of the Philippines

ENERGY REGULATORY COMMISSION

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.


ERC Slates FGDs on the Draft Rules on Bill Deposits

The Energy Regulatory Commission (ERC) issued notices for the conduct of focus group discussions (FGDs) on the draft “Rules to Govern the Monitoring and Reporting Process of Bill Deposits” to be held on July 12, 2018 at ten o’clock in the morning (10:00 A.M.) at the ERC Multi-Purpose Hall, 8th Floor, Pacific Center Building, San Miguel Avenue, Ortigas Center, Pasig City and on July 18, 2018 at ten o’clock in the morning (10:00 A.M.) at the Benguet Electric Cooperative, Inc.’s (BENECO) Auditorium, #4 South Drive, Baguio City.

Electric cooperatives (ECs) were directed to submit their comments and/or inputs on the said draft Rules within ten (10) days from receipt of the notice.
    
The draft Rules shall apply to the provisions of Articles 7 and 28 of the Magna Carta for Residential Electricity Consumers (MREC), the Guidelines to Implement Articles 7 and 28 of the MREC and the relevant provisions of Distribution Service and Open Access Rules (DSOAR).

The ERC on October 27, 2004 issued the Guidelines to Implement Articles 7, 8, 14 and 28 of Chapter III of the MREC which govern, among others, the guidelines and procedures to implement the bill deposits collected from residential and non-residential consumers.

Bill deposits collected from residential and non-residential consumers are intended to guarantee the payment of electricity bills for new and/or additional service and from disconnected consumers who were previously not subject to bill deposit. The bill deposit shall be equivalent to the estimated billing for one month based on the load schedule of the consumer to guarantee payment of his bills.

The draft Rules includes a provision on the preparation and submission of periodic report, under oath, on or before December 31 of every year, regarding the details of the total amount of bill deposit collected including interest earned and the amount credited or refunded to its consumers.

“For purposes of transparency, the proposed Rules shall enjoin distribution utilities to maintain and develop in their official websites, consumer information disclosing all important terms and conditions, systems and procedures on bill deposits in clear and comprehensible language for the consumers.” ERC Chairperson and CEO Agnes VST Devanadera stated.

 


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