Tuesday 22 May
Powered by Ajaxy
Aug 23, 2017 @ 18:14

ERC asks SC to lift TRO on RCOA

 

Citing the impact on the power industry, the Energy Regulatory Commission (ERC) has filed a motion to lift the temporary restraining order (TRO) imposed by the Supreme Court on Retail Competition and Open Access (RCOA).

“They’re the ones who issued the TRO. It’s impacting on the industry and our hands are tied. We have to seek guidance from them on how to move forward,” ERC OIC Alfredo Non said.

The SC issued a TRO on the mandatory shift to RCOA last February. Contestable customers with at least one megawatt (MW) consumption was supposed to shift to RCOA on Feb. 26, 2017 and users with at least 750-kilowatts (kw) usage on June 26, 2017.

A provision under the Electric Power Industry Reform Act (EPIRA), big power users called contestable customers are given the option to choose their own power suppliers.

The power regulator is also seeking clarification if it can lower the threshold to 750 kw on a voluntary basis and if it can issue retail electricity supplier (RES) licenses because it has a long list of pending RES applications.

Tags: , , , , , ,

Related Stories
Partylist group Bayan Muna on Tuesday asked the Supreme Court to clarify whether the anti-monopoly
The Philippine Charity Sweepstakes Office (PCSO) has been stopped from getting new players to snatch
The Cebu branch of bilyonaryo Henry Sy’s Banco de Oro (BDO) Unibank temporarily halts its
The Office of the President has ordered the dismissal of suspended Energy Regulatory Commission (ERC)


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.