Tag: energy regulation
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NGCP’s Project Delays Drive Up Electricity Costs, Pose National Security Risks
The National Transmission Corporation (TransCo) has pointed to significant delays in the National Grid Corporation of the Philippines’ (NGCP) transmission projects as a primary cause of rising electricity costs and operational inefficiencies impacting millions of Filipinos. During a recent House Committee on Legislative Franchises hearing, TransCo Vice President Dinna Dizon highlighted that NGCP managed to…
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Philippine Lawmaker Demands Refund of NGCP’s Alleged Excess Earnings
In a recent session at the House of Representatives, the chair of the Ways and Means Committee, Albay Representative Joey Salceda, advocated for new laws to ensure that the National Grid Corporation of the Philippines (NGCP) returns an estimated PHP204.3 billion in excess profits to its consumers. Salceda argued that any profits exceeding the permitted…
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Philippine Lawmaker Proposes Refund of NGCP’s Alleged Excess Earnings to Consumers
In a recent session at the House of Representatives, the chair of the Ways and Means Committee, Albay Representative Joey Salceda, advocated for new laws to ensure that the National Grid Corporation of the Philippines (NGCP) refunds an estimated PHP204.3 billion in excess earnings to its consumers. Salceda argued that any profits exceeding the permitted…
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