SUMMARY
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MANILA, Philippines – The Energy Regulatory Commission (ERC) has ordered distribution utilities (DU) and licensed retail electricity suppliers (RES) in Luzon and Visayas to disclose the details of their contracted capacity and energy allocations.
The move comes after contestable customers (CCs) complained about retail electricity suppliers allocating capacities and energy volumes to affiliate companies and target customers.
The measure is meant to ensure the proper allocation of capacity among retail suppliers. DU and RES firms are required to provide information on capacity and energy allocation to the ERC under Resolution No. 5.
“The compulsory disclosure of DUs and RES of their capacity and energy allocations will state in transparent, clear and statistical terms the amounts of electricity that can and must be traded in the competitive retail market. The ERC will closely monitor these capacity and energy allocations to prevent abuse of marker power, cartelization and anti-competitive or discriminatory behavior by any electric power industry participant,” said ERC Chairperson Zenaida G. Cruz-Ducut.
The DU and RES firms are expected to provide their first submission not later than 15 days after the resolution takes effect. – Rappler.com
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