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 Requires DUs to Submit Data on Bill Deposit

The Energy Regulatory Commission (ERC) directed the Distribution Utilities (DUs) to submit documents pertinent to bill deposits of electricity consumers, within fifteen (15) days from receipt of the letters it issued.

The data requested from the DUs are needed to update the ERC’s  data on bill deposits for the calendar year 2018. In particular, DUs were directed to submit the following: 1) the total amount of bill deposits collected from the effectivity of Magna Carta for Residential Electricity Consumers (MREC) up to 31 March 2018; 2) the total amount of interest earned and credited to the registered customers for the same period; 3) the total amount of bill deposits and interest refunded to the consumers from the effectivity of MREC up to 31 March 2018; and 4) total balance of bill deposits inclusive of interest earned less amounts refunded to registered customers from the effectivity of MREC up to 31 March 2018.

“With the upcoming inquiry by the House of Representatives, there is a need to update the data on bill deposits utilization to address the issues and concerns on this matter.” ERC Chairperson and CEO Agnes VST Devanadera remarked.

Date Published: 8/2/2018

 

Today at ERC
Wednesday, October 17, 2018

Hearing Schedules
Time:
10:00
Case No.:
2018-083 RC [JU] [EX] [PT] [EV]
Applicant:
GUIMELCO
Venue:
GUIMELCO's Main Office, Barangay San Miguel, Jordan, Guimaras
Title:
In the Matter of the Application for Approval of Adjustment in Rates Based on the Tariff Glide Path on the Fourth To Sixth Regulatory Years of the First Regulatory Period for the First Entrant Electric Cooperative Under the Tariff Glide Path (TGP) Rules, with Motion for Provisional Authority

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