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President Ferdinand "Bongbong" Marcos Jr. on Monday urged Congress to determine if there is a need to amend the Arroyo-era Electric Power Industry Reform Act .In his third State of the Nation Address, Marcos said the government is studying whether or not the EPIRA still caters to the needs of consumers when it comes to having cheaper power rates.
Sa taas ng presyo ng kuryente sa bansa, nahihirapan hindi lamang ang mga negosyante kung hindi lalo na ang taumbayan," he added.Enacted in 2001, EPIRA, a landmark pro-market reform, aims to ensure reliable and competitively priced electricity in the country. Among its salient features is the division of the electric power industry into four sub-sectors—generation, transmission, distribution, and supply—to ensure a level-playing field among players in the energy sector.
Erc Energy Regulatory Commission SONA 2024
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