Retail competition in power sector expanded | Inquirer Business
Close  

Retail competition in power sector expanded

/ 05:10 AM December 29, 2020

Electricity consumers, individually or in groups, whose peak demand is at least 500 kilowatts (kW) may choose to buy energy from retailers other than the incumbent distributor in their area starting Feb. 26, 2021.

This will be possible, but on a voluntary basis, as the Energy Regulatory Commission (ERC) has issued a resolution that gives the green light for the third-phase implementation of the Retail Competition and Open Access (RCOA) program.

ADVERTISEMENT

RCOA is intended to realize the intention of the Electric Power Industry Reform Act (Epira) to promote competition and ensure the successful restructuring and modernization of the electric power industry.

“The expansion of the RCOA coverage is the embodiment of the Epira’s end-goal of achieving competition at the retail or end-user level,” ERC Chair Agnes Devanadera said in a statement.

FEATURED STORIES

“Promoting robust and fair competition among the market participants is definitely one ofthe significant considerations that the ERC is eyeing which can help boost further the country’s economy especially in the power industry during this trying times,” Devanadera said.

Currently, RCOA is being practiced in the Luzon and Visayas grids—mandated for consumers or groups of consumers that represent power demand of at least one megawatt (Phase 1) and voluntary for consumers with at least 750 kW but less than 1 MW (Phase 2).

The requirement for Phase 2 consumers to adapt the RCOA scheme is being contested at the Supreme Court.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: electricity consumers, Energy Regulatory Commission (ERC), Retail Competition and Open Access (RCOA) program
For feedback, complaints, or inquiries, contact us.

Curated business news

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



© Copyright 1997-2021 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.