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ERC to hold hearings on subsidized rates

THE Energy Regulatory Commission (ERC) will hold public hearings on the petition of the National Power Corp. (NPC) seeking approval on proposed new rates in off-grid areas in the country that could be subjected to subsidies.

'Starting in March all the way to October 2024, public hearings will be conducted for the proposed new subsidized approved generation rates (SAGR) for NPC's small power utilities group (SPUG) areas,' the ERC said.