The Energy Regulatory Commission (ERC) said the Private Electric Power Operators Association’s (PEPOA) have agreed to resolve long-standing issues that have beset the group’s operations.
PEPOA officials on Tuesday paid a courtesy visit on new ERC officials led by chair Monalisa Dimalanta and commissioners Catherine Maceda and Floresinda Digal to discuss points for cooperation.
Previous leaderships of the ERC said among distribution utilities’ (DUs) usual issues with the regulatory body are the backlog of filings.
The delays are attributed to lack of personnel and competitive salary package to retain enough workforce at the ERC.
Discussed during the visit include the delays in the resolution of capital expenditure applications, power supply agreement approvals and other pending cases of private DUs.
The regulatory body said the meeting with PEPOA resolved to find ways to ensure a timely rate reset process under the performance-based regulation. The aim is to provide regulatory certainty and create an environment conducive for investments in the power sector to further contribute in economic growth.
ERC said among the DUs which attended the meeting include representatives from Angeles Electric Corp.; Clark Electric Distribution Corp.; Dagupan Electric Corp.; Ibaan Electric Corp.; Olongapo Electricity Distribution Corp.; Subic EnerZone Corp.; Tarlac Electric Inc.; Visayan Electric Corp.; Cagayan Electric Power and Light Corp.; Cotabato Light and Power Corp.; Davao Light and Power Corp.; and Iligan Light and Power Inc.