BREAKDOWN OF GENERATION RATES – DECEMBER 2022
THE SECOND BATCH OF 5 ECS IS THE FOCAL GROUP IN THE ERC-PHILRECA’S REVISED UNIFORM REPORTORIAL REQUIREMENT WORKSHOP
Laguindingan, Misamis Oriental — The Energy Regulatory Commission (ERC) thru the Philippine Rural Electric Service Cooperative, Inc. (PHILRECA) rolls out the second day of the Training –Workshop on Revised Uniform Reportorial Requirements for Regions 9 and 10 ECs today, March 23 at the Emmanuel Pelaez Training Center Function Hall, MORESCO-1 this municipality.
The delegates were welcomed by Engr. Jovel B. Ubay-Ubay, General Manager of MORESCO-1; Atty. Janeene Depay-Colingan, PHILRECA Executive Director and General Manager; and Atty. Alexis Lumbatan, ERC Commissioner.
The second batch was participated by Corporate Planning, Technical and Finance experts from Camiguin Electric Cooperative, Inc. (CAMELCO) of Mambajao, Camiguin Misamis Oriental I Rural Electric Service Cooperative, Inc (MORESCO-1) of Laguindingan, Misamis Oriental; Misamis Oriental 2 Rural Electric Service Cooperative, Inc (MORESCO-2) of Medina, Misamis Oriental; Bukidnon Second Electric Cooperative, Inc. (BUSECO) of Manolo Fortich, Bukidnon; AND First Bukidnon Electric Cooperative, Inc. (FIBECO) of Maramag, Bukidnon.
The principle of pass-through dictates that the DUs shall not gain or lose from these charges.
According to the ERC, the pass-through costs to be collected under the 2022 revised rules cover generation charges or the payment for the supply of electricity, transmission charges or the payment for the use of the high voltage transmission grid, and other subsidies and mandatory payments, such as lifeline and senior citizen subsidies, system loss, and other pass-through costs as may be approved by the commission.
The ERC said the 2022 revised rules aim to update the regulatory framework on recovery of costs by promoting transparency in prescribing detailed calculation of different components of the power bill.
It will also reinforce DUs’ accountability by ensuring accuracy and completeness of information provided to the ERC through more frequent submission of reports to facilitate confirmation of the DUs charges to consumers vis-à-vis the ERC authorized rates. (Newsbite: Archibald G. Pacana, Corporate Public Relations Officer | ISD)
NORTHERN MINDANAO’S 2023-2024 LEXICON SET OF OFFICERS ELECTED
Communications, Information officers and EC Public Relations officers from Northern Mindanao member-ECs of the League of EC Information and Communication Officers Nationwide or LEXICON elected its set of Officers for Calendar Year 2023 – 2024 on Monday, March 20, 2023.
The Lexicon aims to be a vanguard for social, political, and economic change through an established media group that serves as the mouth piece of the electric cooperatives they represent towards well-informed Member Consumer Owners.
The LEXICON is among a number of accredited and affiliated organizations of Regional associations of electric cooperatives.
Elected President is ARCHIBALD G. PACANA of Misamis Oriental 1 Rural Electric Service Cooperative Inc. (MORESCO-1);the Vice President is DARWIN E. RAMOS of First Bukidnon Electric Cooperative, Inc (FIBECO); Secretary is JULIE ANN L. TABAMO of Misamis Oriental 2 Rural Electric Service Cooperative Inc. (MORESCO-2); Treasurer is NARCISA G. PUPOS, MBA from Misamis Oriental 2 Rural Electric Service Cooperative Inc. (MORESCO-2), and Auditor is CONCHITA MAY T. VERENDIA of Bukidnon Second Electric Cooperative, Inc (BUSECO).
The Board Members elected were JULY ANN GRAZIA L. CAUNDA of Lanao del Norte Electric Cooperative, Inc. (LANECO); VENANCIO L. GUMANID of MORESCO I; NEPTALIE A. BATOLENIO of the Misamis Occidental 2 Electric Cooperative, Inc.(MOELCI II), and JANE KRISTY P. RELACION of BUSECO