The Energy Regulatory Commission (ERC) has approved the maximum annual revenue of the country’s power transmission monopoly for the next five years. In a decision, the regulator approved the National Grid Corporation of the Philippines’ (NGCP) revenue requirement of P40.47 billion in 2011; P41.65 billion in 2012; P43.37 billion in 2013; P44.39 billion in 2014; and P44.12 billion in 2015 for the third regulatory period 2011 to 2015.
The respective amount would be used by NGCP for operating and capital expenses of the power grid.
As of end-2009, the country’s virtual power highway was made up of 19,425 circuit kilometers of transmission lines and 23,853 megavolt-amperes of substation capacity.
In addition to this, NGCP earlier rolled out plans to put up a number of transmission projects to help ease transmission line constraints in the grid, which has caused unstable supply of electricity and spikes in power rates.
From the fourth quarter of 2010 to the first semester of 2011, NGCP will commence with 11 transmission line and substation projects to allow new power plants to be brought into the grid, to meet growth in demand, and to improve the reliability and N-1 requirements of the Philippine Grid Code.
”N-1″ refers to the capability of the power grid to withstand the loss of a major line without a customer experiencing a power interruption.
Based on the NGCP’s spending forecast for the next five years, the ERC pegged the company’s average transmission rate at P364.75 per kilowatthour per month (kWh/mo) for 2011; P362.43 per kWh/mo in 2012; P360.54 per kWh/mo in 2013; P359.37 per kWh/mo in 2014; and P358.39 per kWh/mo in 2015 to cover its revenue requirements. –EUAN PAULO C. AÑONUEVO REPORTER, Manila Times
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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