New reporting rules for power firms up | Inquirer Business

New reporting rules for power firms up

By: - Reporter / @amyremoINQ
/ 12:06 AM October 21, 2011

To help protect consumers from unauthorized charges, the Energy Regulatory Commission will require all power distributors to adopt revised uniform reportorial requirements (URR) starting January next year.

ERC chairperson Zenaida G. Cruz-Ducut said the revised URR model will allow the commission to effectively monitor the operations of all 140

distribution utilities in the country.

ADVERTISEMENT

Specifically, the reportorial requirements will allow the ERC to look into the various charges imposed on end-users and determine if these are authorized, added ERC executive director Francis Saturnino Juan.

FEATURED STORIES

Information to be monitored include actual implemented rates; revenues; rates covered by automatic adjustment and tax calculations; prior period adjustments collected/refunded; lifeline discount; senior citizen discount; and technical data such as system losses, system capacity and peak demand.

The revised URR model will be mandatory for all the DUs in the country, both privately run and rural electric cooperatives, and will replace the previous forms being submitted.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Energy, Philippines, power firms

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.