ERC issues electricity market rules

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.

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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).
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