ERC tells distributors, generators to prevent electricity ‘bill shock’

The Energy Regulatory Commission asked distribution utilities to stagger the anticipated bill shock amid the red and yellow alerts experienced in April that led to higher prices at the electricity spot market.

A yellow alert is issued when the operating margin is insufficient to meet the transmission grid’s contingency requirement.Dimalanta said consumers could expect higher prices at the Wholesale Electricity Spot Market due to the tight supply conditions. “The mechanisms in the market were working at that time. So, the regulator should not be trigger happy where it intervenes in the market because there are mitigating mechanisms that should be able to address that,” Dimalanta said.

“We are not imposing this on a long-term basis. These are unusual circumstances, these are extraordinary circumstances, and the suspension will be kept at a minimum just to cover this extraordinary period,” Dimalanta said.

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