About the Author

Delgado was appointed by President Fidel V Ramos as the CEO of the National Power Corporation, to help address the country’s power shortage problem in the 1990s.

He has been an advisor to a number of major power industry players both here and abroad. He is currently teaching at the College of Economics and Management of UPLB. He loves wine, travel, jazz, and technology. He is married and together with his wife Joy, they have four children and six grandchildren.

Latest from the Author

7 days ago

INSIDER VIEW | Democratization of power via demand aggregation

By: Guido Alfredo A. Delgado

Last July, I wrote about the need to democratize power; since consumers shoulder the financial burden of energy, they must also have the ability to shape it. The central question now is how to make this possible—and whether there are examples around the globe that support refining the decision-making process and the installation of power systems within communities.

18 Aug 2025

3:19PM

INSIDER VIEW | The big hurdle to PH’s AI data center future

By: Guido Alfredo A. Delgado

A good friend of mine recently lamented that our country missed the trains to progress: first semiconductors, then logistics. He warned that we should not miss today’s “thing”: AI.

16 Jul 2025

1:38PM

INSIDER VIEW: Democratization of power

By: Guido Alfredo A. Delgado

The resignation of Energy Regulatory Commission (ERC) Chair Monalisa Dimalanta last Monday has left many people asking: "What happened?" Her resignation will mean there will only be two commissioners left with the ERC - not enough to run the country's most crucial electricity regulatory body.

1 Jul 2025

6:35AM

INSIDER VIEW | Why investing in power is an investor’s nightmare

By: Guido Alfredo A. Delgado

Amid an alarming trend of quiet 'sell-offs' of power projects by foreign investors, it is imperative to find a long-term, sustainable solution swiftly.

2 Jun 2025

7:37AM

INSIDER VIEW | The magic of rate setting: Why power rates are high

By: Guido Alfredo A. Delgado

The "magic" behind the purported "scientific" CAPM, the Building Blocks Approach (BBA), and the Performance-Based Rate (PBR) setting methodology are financial and accounting instruments that tend to confuse and obfuscate the public but ultimately lead to higher power rates.

26 May 2025

10:19AM

INSIDER VIEW | How to calculate the least cost of equity?

By: Guido Alfredo A. Delgado

ERC’s use of the Capital Asset Pricing Model (CAPM) in calculating the cost of equity of utilities will result in an arbitrary number. We must ask this: How do we know if the resulting cost of equity represents the “least cost” or , as the SC puts it, “fair and reasonable”?

7 May 2025

10:35AM

INSIDER VIEW | The Iberian blackout: Lessons for the Philippines

By: Guido Alfredo A. Delgado

At 12:35 p.m. on Monday, April 28, 2025, the entire Iberian Peninsula lost electrical power. The outage disrupted internet access and communication, transportation, building facilities like elevators, and many other modern conveniences

7 Apr 2025

6:14PM

INSIDER VIEW: Implication of the Supreme Court decision on ODRC asset valuation

By: Guido Alfredo A. Delgado

A Supreme Court decision finds the Energy Regulatory Commission’s (ERC) use of the Optimized Depreciated Replacement Cost (ODRC) in valuing utility assets "fell short of the statutory standard that reasonable rates should provide electricity to the consuming public in the 'least cost manner'"

10 Mar 2025

12:18PM

INSIDER VIEW: Supreme Court rules ERC ratemaking methodology wrong

By: Guido Alfredo A. Delgado

The Supreme Court voided ERC's use of the ODRC methodology, ruling that it fails to meet the “least cost manner” requirement for rate-setting as mandated by law and is “almost irrational.”