Day: November 13, 2025

Manila: The Energy Regulatory Commission (ERC) is set to review the implementation of policies regarding the ineligible recovery of associated generation cost on power supply agreements (PSAs) in setting retail power rates to ensure that these follow the Electric Power Industry Reform Act (EPIRA) of 2001. According to Philippines News Agency, during an open meeting streamed online through its Facebook page, ERC Chairperson and Chief Executive Officer Francis Saturnino Juan highlighted the large number of cases involving ineligible PSAs, as well as those with over and under recoveries. The issue began around 2009 when more PSAs were filed with the

Quezon city: The Department of National Defense (DND) on Thursday extended its condolences to the family and loved ones of Chief Presidential Legal Counsel Juan Ponce Enrile, who passed away at the age of 101. “Enrile is an icon in defense policy and strategy, and played a foundational role in building the modern DND,” the department said in a statement. According to Philippines News Agency, one of the country’s most enduring and influential political figures, Enrile first rose to prominence in the 1960s, eventually serving as Minister of National Defense under then-President Ferdinand Marcos Sr. term. Prior to becoming chief

La union: La Union’s inflation rate dropped to 1.1 percent in October from 1.4 percent in September this year. According to Philippines News Agency, PSA-La Union chief statistical specialist Danites Te±ido highlighted in a recent forum that the decrease was primarily driven by the housing, water, electricity, gas, and other fuels sector, which significantly influenced the downtrend at 94.2 percent. Within this sector, the inflation rate for electricity notably decelerated from 33 percent in September to 21.4 percent in October, while liquified hydrocarbons saw a decrease from 4.4 percent to 3.4 percent. Dafnae Mendoza, representing the Department of Economy, Planning,

Manila: The Senate on Thursday mourned the passing of former Senate President and Chief Presidential Legal Counsel Juan Ponce Enrile, with Senate President Vicente ‘Tito’ Sotto III leading tributes to the statesman he described as one of the institution’s most enduring and influential pillars. Sotto said Enrile devoted his entire life to public service, serving the nation with a formidable intellect and deep compassion for the Senate community. According to Philippines News Agency, Sotto emphasized that Enrile dedicated his life to public service, leaving a lasting legacy within the Senate and in the hearts of many Filipinos. His influence spanned

Manila: Alternergy Holdings Corporation (ALTER) announced Thursday it has opened a new entity that will focus on retail electricity supply as part of its expansion plans, citing growth opportunities in this segment. In a disclosure to the Philippine Stock Exchange (PSE), the company said the Securities and Exchange Commission has approved the creation of ALTER Power RES, Inc. (ALTER Power), eyed to supply renewable energy (RE) to end-users. ALTER is also set to register ALTER Power with the Energy Regulatory Commission (ERC) to secure a retail electricity supplier (RES) license. According to Philippines News Agency, Gerry Magbanua, president of ALTER