Other Provisions on Maharlikanism

Benefits To Host Communities

Thu, 30 Sep 2021 00:00:00 +0000

As per Section 66, the obligations of Generation Companies and energy resource developers to communities hosting the Generation Facilities and/or energy resource development projects as defined under Chapter 2, Section 289 to 294 of the Republic Act No. 7160 (Local Government Code) and Section 5 (i) of Republic Act No.7638 (DOE Law) and their implementing rules and regulations shall continue as long as the obligations mandated under Chapter 2, Section 291 of Local Government Code, shall apply to privately-owned corporations or entities utilizing the national wealth of the locality.

Debts Of Electric Cooperatives (ECs)

Thu, 30 Sep 2021 00:00:00 +0000

Section 1. Guiding Principle

As per Section 60 , all outstanding financial obligations of ECs to NEA and other government agencies incurred for the purpose of financing the Rural Electrification Program shall be assumed by the PSALM in accordance with the program approved by the President of thePhilippines.

Education And Protection Of End-users

Thu, 30 Sep 2021 00:00:00 +0000

Section 1. Guiding Principle

As per Section 76, the public shall be educated on the Restructuring of the electric power industry and Privatization of NAPOCOR.

Electric Power Crisis Provision

Thu, 30 Sep 2021 00:00:00 +0000

Rule 24. Electric Power Crisis Provision

The Congress may authorize, through a joint resolution, the establishment of additional generation capacity if the President of the Philippines declares an imminent shortage of Electricity supply

Separation Benefits

Thu, 30 Sep 2021 00:00:00 +0000

As per Section 64 , the creation of new positions and the levels of or increases in salaries and all other emoluments and Page 94 of 100benefits of TRANSCO and PSALM personnel shall be subject to the approval of the President of the Philippines.

Napocor Offer Of Transition Supply Contracts

Mon, 20 Sep 2021 00:00:00 +0000

Section 1. Guiding Principle

As per Section 67 , NAPOCOR shall, within six (6) months from the effectivity , file with the ERC for its approval the transition supply contracts (TSCs) duly negotiated with the DUs.