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NGCP notified of ERC decision on rate reset, still awaiting copy
Business World Philippines
|May 15, 2025
THE National Grid Corp. of the Philippines (NGCP) said it is taking a "wait-and-see" approach to the fifth rate reset round as it has yet to receive a final copy of the regulator's review of the fourth regulatory period (4RP).
"The fifth regulatory period is delayed. It has been filed with the ERC (Energy Regulatory Commission), and we await that," NGCP Spokesperson Cynthia P. Alabanza said in a briefing on Wednesday.
"Then, perhaps after that regulatory period, for the sixth, perhaps we can start considering it as forward-looking. But we do plan to make the appropriate filings for the sixth regulatory period which will begin in 2028," she added.
Last month, the ERC said that it has completed the deliberations on NGCP's 4RP, covering the 2016 to 2022 period.
This story is from the May 15, 2025 edition of Business World Philippines.
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