The Energy Regulatory Commission (ERC) is seeking stakeholder comments on a draft resolution that will update the timeline of the implementation of retail competition and open access (RCOA).
RCOA allows customers to freely choose their retail electricity suppliers if they qualify for an average monthly consumption threshold.
Under ERC’s new resolution, RCOA can now be applied for customers with monthly consumption of 500 kilowatts (kw) to 749 kw by Feb. 26, 2021; 100 kw to 499 kw by Jan. 26, 2022; and 10 kw to 99 kw by Jan. 26, 2023.
At present, RCOA is implemented in the Luzon and Visayas grids for customers with monthly consumption of 750 kw and up on a voluntary basis.
“The benefits of the RCOA scheme will soon come to fruition despite the temporary setback that came up against its implementation. The envisioned competition in the retail level of the supply sector will soon be a reality and the consuming public will be the beneficiaries of the RCOA as they can opt to choose the electricity provider that offers the most competitive price,” said Agnes Devanadera, ERC’s chairperson and chief executive officer, said in a statement. – J. Macapagal