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Grid operator to start P28-billion cost recovery next month, ERC says
Business World Philippines
|July 08, 2025
THE Energy Regulatory Commission (ERC) said the National Grid Corp. of the Philippines (NGCP) has been cleared to begin implementing the staggered cost recovery of at least P28.29 billion in the August billing month.
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"I think the (increase) will take effect starting in the next billing period," ERC Chairperson and Chief Executive Officer Monalisa C. Dimalanta said on the sidelines of an event in Pasig City on Monday.
While the decision was arrived at in April, Ms. Dimalanta said that it took some time for the Commission to write the decision.
"Understandably, something as thorough as a rate reset takes time to write. It took some time to write... the actual final determination," she said.
In a statement in April, the ERC announced that it completed the NGCP’s fourth regulatory period rate reset covering 2016 to 2022.
This story is from the July 08, 2025 edition of Business World Philippines.
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