Universal charge hike proposed to sustain off-grid power services - BusinessWorld Online

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Republic Act No. 9136 or the Electric Power Industry Reform Act authorizes the collection of UCME to fund Napocor’s operations, including those of its Small Power Utilities Group , which serves remote areas not connected to the grid. “The ERC is committed to support the rest of the government in addressing the financing issues of NPC-SPUG in the short term and, in the long term, to come up with a viable program for sustainable development of our off-grid areas,” Ms. Dimalanta said.

The DoE and Napocor’s board are planning to borrow P5 billion from government financial institutions, which will require special authority from the President. Mr. Lotilla added that the DoE will take a market-driven approach to attracting more energy investment.

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