ERC turns down PSALM demand to collect P9B ...
Philippine Daily Inquirer: 2 views since Friday, July 4, 2008 at 04:53 PM
MANILA, Philippines?The Energy Regulatory Commission (ERC) has upheld its decision to peg to the time-of-use (TOU) rates of National Power Corp. the prices on the wholesale electricity spot market (WESM) during some ?questionable? months in 2006, effectively preventing collection of about P9 billion from power users.

Published in: Wholesale