Tuesday, 24 June 2025
26 May 2025
10:19AM
INSIDER VIEW | How to calculate the least cost of equity?
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”?
24 May 2025
2:44PM
Citing ‘bias’, CA orders ERC chief to recuse self from NGCP rate case
“We find that respondent gravely abused her discretion when she refused to [withdraw] from the proceedings a quo despite her evident bias and partiality against the petitioner,” the decision stated.
7 Apr 2025
6:14PM
INSIDER VIEW: Implication of the Supreme Court decision on ODRC asset valuation
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'"
17 Jan 2025
7:00AM
INSIDER VIEW: Proposed ERC chair’s powers present potential problems
The ERC should be a collaborative body where everyone's views or opinions should be shared and discussed.
13 Jan 2025
4:31PM
INSIDER VIEW: Appointment of ERC commissioners — a consumer choice
One of the proposed amendments to the law that created the Energy Regulatory Commission (ERC) requires commission members to be competent in specific fields — energy, law, economics, finance, commerce, and engineering. However, I think this requirement is not enough.
2 Jan 2025
10:22AM
INSIDER VIEW: A big bang in 2025?
A recent House hearing on National Grid Corporation of the Philippines (NGCP) highlighted three deep-seated issues plaguing the power industry. These challenges, which extend beyond NGCP's capacity to address on its own, underscore the urgent need for a reboot of the government’s regulatory framework.
16 Sep 2024
10:07AM
INSIDER VIEW: Power regulatory framework — reset to factory settings
The recent suspension of ERC Chairperson Monalisa Dimalanta has sent shockwaves through the power industry. This suspension, a consequence of the ERC's failure to act on a complaint for over three years, has had a profound impact.
13 Sep 2024
3:41PM
Influential business group backs embattled ERC Chair Dimalanta
The Management Association of the Philippines has expressed strong support for Energy Regulatory Commission Chair Monalisa Dimalanta, following her six-month suspension by the Ombudsman.
5 Sep 2024
1:37PM
Ombudsman issues preventive suspension vs ERC Chair Dimalanta
Energy Regulatory Commission Chair Monalisa C. Dimalanta was suspended by the Office of the Ombudsman for up to six months without pay for alleged violations to the Electric Power Industry Reform Act.
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