The Energy Regulatory Commission (ERC) is continuing its efforts to fast-track the implementation of the lower retail competition and open access (RCOA) threshold, its chairman and CEO, Monalisa Dimalanta, said.
RCOA, regulated by the ERC, is a framework designed to promote competition in the retail electricity market, allowing power endusers to choose their electricity providers.
Dimalanta said their âgoalâ is to expand the RCOA coverage and reduce the threshold to 100kW from 500kW a month, but noted that a thorough study is still being conducted before moving forward with the plan.
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MARTIN NIEVERA: I'M STILL NOT OUT OF THE GAME
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