THE Energy Regulatory Commission (ERC) is reminding anew distribution utilities (DUs) to remain diligent in validating costs being imposed by generation companies before passing them to consumers.
This reminder comes after the ERC urged the Manila Electric Company (Meralco) to complete its validation to justify the rate adjustment it imposed this month, following the signing of a new Gas Sale and Purchase Agreement (GSPA) between the Malampaya consortium and First Gen Corp. that operates First Gas Power Corp. (FGPC).
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