NPC asks for ERC approval of power rate adjustments

Quick Summary:

THE National Power Corp.(NPC) is seeking to recover P6.8 billion in fuel cost incurred in 2022 through the Generation Rate Adjustment Mechanism (GRAM) over a two-year period for an average of P6.3647 per kilowatt hour (kWh).

She has been consistently named best reporter for her coverage of energy and telecommunications issues.

NPC is mandated to provide electricity in off-grid islands via Small Power Utilities Group (SPUG) plants, which are mostly powered by diesel.

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Article Details

Author / Journalist: Lenie Lectura

Category: BusinessStartups

Markets: Philippines

Topics: Billion Missionary Electrification Power Energy Immediate Generation Rate Funding Fuel Rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-29 @ 16:06:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 420 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22774217

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 58 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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