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Bworldonline

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NGCP still studying ERC rate reset decision

  • NGCP is studying the ERC decision on its fourth regulatory period rate reset from 2016 to 2022.
  • ERC approved a maximum allowable revenue of P335.78 billion for NGCP.
  • NGCP is entitled to recover an additional P28.29 billion in under-recoveries, resulting in an additional charge per kilowatt-hour for consumers.
  • Transmission charges for the June period increased month on month, mainly due to higher ancillary service charges.

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