Category: Consumers

Home » Lifestyle » Consumers
NGCP told to ‘practice discipline’ to protect consumers
Post
February 19, 2024February 19, 2024Consumers, Energy

NGCP told to ‘practice discipline’ to protect consumers

by

(Second of two parts) In its preliminary review, the Energy Regulatory Commission (ERC) disallowed the expenses of National Grid Corporation of the Philippines (NGCP) amounting to P3.7 billion, which it said were “improperly documented or not recoverable for customers.” The biggest items disallowed were for public relations, corporate social responsibility (CSR), and advertising expenses.  NGCP’s...

Power transmission monopoly NGCP questions rate review amid calls for refund
Post
February 18, 2024February 18, 2024Consumers, Energy

Power transmission monopoly NGCP questions rate review amid calls for refund

by

(First of two parts) The Supreme Court petition filed by National Grid Corp. of the Philippines (NGCP) to halt a long-delayed review of its rates could keep power costs high and delay potential refunds to consumers. NGCP is a private monopoly that operates the country’s power transmission lines, or the grid linking power generators to...