A veteran lawmaker questioned the necessity of a House Committee on Legislative Franchises hearing on NGCP, arguing that the transmission grid operator has demonstrably fulfilled its obligations under its franchise. Rep. Rufus Rodriguez cited confirmations from both the Bureau of Internal Revenue (BIR) and the Energy Regulatory Commission (ERC) that NGCP has been compliant with its tax responsibilities and franchise terms. He also defended NGCP against criticism for delays in the Mindanao-Visayas Interconnection Project, attributing them to right-of-way issues.
A VETERAN lawmaker questioned the purpose of the hearing of the House Committee on Legislative Franchises on
is compliant with its tax responsibilities.'In another hearing, I confirm that what we have seen from our record is that compliant with the 3% franchise tax,” Dimalanta told Rodriguez, referring to the franchise tax granted to has complied, then why are we here?' Rodriguez asked.'Are we trying to dissolve the 50-year franchise of
for completing the MVIP project, saying more companies are putting up power generation plants in Mindanao because they can now sell to Luzon and Visayas if they have excess capacity.'Mindanao has been connected to the Visayas in January of 2024; my constituents in Cagayan de Oro, second district would thank the
for the project delays.“In short, hindi lang ito solely fault ng
NGCP TRANSMISSION FRANCHISE TAXES ENERGY
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Lawmaker Demands Accountability After ERC Allows NGCP to Pass Franchise Tax to ConsumersThe ERC admitted authorizing NGCP to pass on a 3% franchise tax to consumers in 2011, a decision that a lawmaker now calls for legal repercussions for those involved.
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NGCP Completes Major Grid Projects, Enhancing Power Reliability in the PhilippinesThe National Grid Corporation of the Philippines (NGCP) achieved significant milestones in 2024 by completing four major grid projects, significantly bolstering the reliability of the country's power infrastructure. These projects include the Mindanao-Visayas Interconnection Project (MVIP), the Cebu-Negros-Panay 230-kiloVolt (kV) backbone, the Mariveles-Hermosa-San Jose 500kV Line, and the Cebu-Bohol Interconnection Project (CBIP). These developments aim to improve transmission services, strengthen the Central Visayas grid, and support Cebu's growth as a load center in the Visayas.
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ERC Prioritizes NGCP and Meralco Rate Reset Reviews in 2025The Energy Regulatory Commission (ERC) has set completing the rate reset reviews for both NGCP and Meralco as top priorities for the first half of 2025.
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ERC Prioritizes Rate Reset for Meralco, NGCP in First Half of 2025The Energy Regulatory Commission (ERC) has outlined its regulatory priorities for the first semester of 2025, focusing on completing the rate reset for Manila Electric Co. (Meralco) and National Grid Corp. of the Philippines (NGCP). ERC chairperson Monalisa Dimalanta stated their goal to finalize the 4th regulatory period rate reset for NGCP and resolve Meralco’s 5th RP and its expected refund. She also highlighted plans to address pending applications from other distribution utilities and resolve all universal charge for missionary electrification petitions of the National Power Corp. Additionally, the ERC aims to finalize resolutions for all expiring agreements and implement retail competition and open access with an aggressive campaign.
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NGCP Confirms Franchise Tax Payments, Lawmakers Call for Refund of Alleged Excess RevenuesThe Bureau of Internal Revenue (BIR) confirmed that the National Grid Corporation of the Philippines (NGCP) has been consistently paying its mandated 3-percent franchise tax. Lawmakers, however, are calling for a refund mechanism for what they believe to be P204.3 billion in excess revenues collected by NGCP. The Energy Regulatory Commission (ERC) is also under scrutiny for its past approval of NGCP's petition to pass on the franchise tax to consumers.
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