ERC sets power market share limits for 2026

MANILA, Philippines – The Energy Regulatory Commission (ERC) has set the 2026 installed capacity and market share caps to promote fair competition among generation companies.

For this year, the commission said the national grid’s maximum installed generating capacity is 28,197,045 kilowatt (kW).

The ERC has limited the installed generating capacity for Luzon at 20,422,906 kW; Visayas at 3,478,324 kW; and 4,295,915 kW for Mindanao.

READ: DOE, ERC policies must be checked, too amid high costs, brownouts

The law caps power firms’ market share at 7,049,261 kW nationwide, including 6,126,842 kW in Luzon, 1,043,497 kW in the Visayas and 1,288,775 kW in Mindanao

Under the law, generation firms may own up to 30 percent of a grid’s installed capacity and 25 percent of the national grid.

“Healthy competition in the power sector is essential to ensuring reliable electricity supply and protecting consumers from unreasonable prices…,” ERC chair Francis Saturnino Juan said in a statement.

“The Philippine energy sector continues to expand and modernize. This Resolution allows the ERC to more accurately reflect the actual operating capacities of power plants nationwide, while ensuring that competition remains fair, transparent, and beneficial to consumers,” he added. /pai