NGCP transmission rate inches up; recovery plan set
Transmission lines in San Jose del Monte, Bulacan are shown supplying electricity from power plants to substations and end-users on Tuesday. The National Grid Corporation of the Philippines (NGCP) reported that transmission wheeling rates rose slightly in June to ₱0.4611/kWh from ₱0.4593/kWh. NGCP will begin implementing the Energy Regulatory Commission's directive allowing it to recover ₱28.28 billion in under-recoveries from consumers over the next seven years.
Photo by Analy Labor for DAILY TRIBUNE
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