Defining the News
Senator Sherwin Gatchalian urged the Energy Regulatory Commission to accelerate and fully implement lower retail competition and open access threshold to enable consumers to enjoy competitive electricity pricing.
The senator made the statement following the ERC’s report that consumers using electricity services from retail electricity suppliers generated savings of around P50 billion as of June this year compared to the same period in 2023. Under the RCOA structure, which became effective in June 2013, contestable customers, or those electricity end-users with monthly average peak demand falling within the threshold of contestability as determined by the ERC have a choice to select a supplier of electricity.
The ERC is now considering lowering the threshold to 100 kWh a month, which means more electricity end-users may qualify for the program.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World leaders react to Trump rally shootingDefining the News
Read more »
Long history of shootings in US presidential politicsDefining the News
Read more »
PH Army welcomes 699 new privatesDefining the News
Read more »
Bloodied Trump injured in apparent assassination bidDefining the News
Read more »
Paying it forward: Kat Pimentel distributes free shoes to 1,000 Marikina studentsDefining the News
Read more »
Marcos sends ‘thoughts and prayers’ to Trump after surviving shooting incidentDefining the News
Read more »