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NGCP told to ‘practice discipline’ to protect consumers
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February 19, 2024February 19, 2024Consumers, Energy

NGCP told to ‘practice discipline’ to protect consumers

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(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...