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The Philippine Electricity Market Corporation (PEMC) recognizes the Energy Regulatory Commission (ERC) and its Chairperson, Atty. Francis Saturnino Juan, for the significant initiatives accomplished in the Commission’s first 100 days, which are contributing to meaningful changes in the nation’s energy landscape.

Reforms introduced by the “New ERC”—including the resolution of the long-standing Performance-Based Regulation (PBR) rate reset, strengthened support for renewable energy, streamlined net metering processes, and updates to essential regulatory frameworks—reflect a notable shift toward more responsive and modernized regulation. This period of active policy development has generated a sense of renewed momentum across the sector.

For PEMC, this strengthened collaboration reinforces a shared commitment to advancing the governance of the electricity market. We remain aligned with the ERC’s policy direction and are focused on fulfilling our mandate as an effective partner in ensuring that the market supports the delivery of affordable and sustainable power to all consumers.

The ERC’s recent actions, such as broadening consumer options through Retail Competition and Open Access (RCOA) and reinforcing the long-term prospects for renewable energy, provide important signals for enhancing competition, encouraging investment, and supporting a more resilient power system. PEMC is committed to translating these regulatory priorities into practical and measurable market outcomes.

As the ERC continues to build on this momentum, PEMC stands ready to support the next phase of sector development. We look forward to contributing proactively to this new chapter in the Philippine energy industry.

Congratulations to Chairperson Juan and the ERC team on these notable early achievements.

Daily Guardian