Distribution utilities may pay WESM in installments—ERC purchases

The Energy Regulatory Commission ruled that distribution utilities can pay their Wholesale Electricity Spot Market purchases in installments to mitigate the impact of higher generation rates.

Simply put, IEMOP would have to reflect the four-month deferred scheme which will then be the DUs’ basis for billing their customers. DUs, however, should wait for the final WESM bill. In addition, under the Article 32 of the Magna Carta for Residential Electricity Consumers , DUs can offer alternative payment options to consumers under terms mutually acceptable to both parties. Consumers, who have the right to be informed of these options and other matters affecting their electric service, should contact their respective DUs for information on the available alternative payment options or to request for special payment terms to settle their unpaid bills.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Marcos to Brunei energy leaders: PH interest in waste-to-energy projects still at micro levelPresident Marcos has expressed intention in waste-to-energy projects amid the Philippines' aim to transition from fossil fuels to renewables.
La source: gmanews - 🏆 11. / 68 Lire la suite »

Sumitomo aims to install 500-MW battery storage in Japan by early 2031As resource-poor Japan expands renewable energy to meet decarbonization goals and enhance energy security, battery usage is expected to rise to smooth out the intermittent supply of solar and wind energy.
La source: TheManilaTimes - 🏆 2. / 92 Lire la suite »