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Cessation of Collection of Universal Charge – Stranded Contract Cost (UC-SCC)

The Power Sector Assets and Liabilities Management Corporation (PSALM), in its letter dated Dec. 2018 advised us to stop implementation of charging the Universal Charge – Stranded Contract Cost (UC-SCC) of Php0.1938/kWh effective January 2019 billing period. 

PSALM’s advice is pursuant to the directive of Energy Regulatory Commission (ERC) in its Order dated 22 May 2018 in ERC Case No. 2011-091 RC.

January 15th, 2019|

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