Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: 𝐄𝐑𝐂 𝐥𝐨𝐠𝐬 𝐏𝟒𝟗-𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐬𝐚𝐯𝐢𝐧𝐠𝐬 𝐟𝐨𝐫 𝐑𝐄𝐒 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 The Energy Regulatory Commission (ERC) has logged roughly P50 billion worth of aggregate savings for customers that have been availing of electricity services from the retail electricity suppliers (RES). ERC Chairperson Monalisa C. Dimalanta qualified that the average tariff being enjoyed by RES customers hovered at P5.49 per kWh as against the more expensive P10.00 to P12.00 per kWh range of pass-on rates reflected in the electric bills of incumbent utilities, such as that of Manila Electric Company. READ MORE: https://mb.com.ph/2024/8/6/erc-logs-p49-b-savings-for-res-customers 𝐄𝐑𝐂 𝐭𝐨 𝐬𝐮𝐛𝐦𝐢𝐭 𝐍𝐆𝐂𝐏 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐫𝐞𝐯𝐢𝐞𝐰 𝐭𝐨 𝐁𝐁𝐌 𝐛𝐲 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 The Energy Regulatory Commission (ERC) has disclosed to Congress that it will be submitting the result of its performance review on system operator National Grid Corporation of the Philippines (NGCP) by December. The President had ordered the ERC to speed up the process of evaluation and approval in the tariff adjustment for NGCP as that is greatly seen helping lower the cost of electricity being billed to all Filipino ratepayers. READ MORE: https://mb.com.ph/2024/8/8/erc-to-submit-ngcp-performance-review-to-bbm-by-december Image sources: Insight Success, Power Philippines Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌