ERC admits absence of rules in NGCP's regulatory reset
The Philippine Star|December 25, 2024
The Energy Regulatory Commission (ERC) admitted there is an absence of rules following its failure to approve the National Grid Corp. of the Philippines (NGCP)’s fourth regulatory reset application on time.

During the hearing of the House committee on legislative franchises, ERC chairperson Monalisa Dimalanta confirmed that “there were no rules after the third regulatory period had lapsed.”

Based on the original timeline, NGCP’s fourth and fifth regulatory reset applications should have covered the years 2016 to 2020 and 2021 to 2025, respectively. The ERC, however, modified the regulatory reset periods to 2016 to 2022 and 2023 to 2027.

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