ERC issues electricity market rules

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 14 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 92%

ERC News

Issues,Electricity,Market

THE Energy Regulatory Commission (ERC) on Thursday announced it has released the omnibus rules on consumer choice programs in the retail electricity market.

THE Energy Regulatory Commission on Thursday announced it has released the omnibus rules on consumer choice programs in the retail electricity market.The consumer choice programs consist of the Retail Competition and Open Access and Retail Aggregation Program under the Electric Power Industry Reform Act , and various programs under Republic Act 9513 or the 'RE Act.' such as the Green Energy Option Program and distributed energy resources .

Under the rules, a magna carta for retail customers has also been established, presenting key rights of retail customers, such as their various rights to choose suppliers, access to transparent billing, and protection against premature contract termination.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Regulator lifts suspension of reserve market settlementTHE Energy Regulatory Commission (ERC) has lifted the suspension of reserve market settlement transactions, paving the way for the resumption of full trading at the Wholesale Electricity Spot Market (WESM).
Source: TheManilaTimes - 🏆 2. / 92 Read more »