The Energy Regulatory Commission (ERC), led by Chairperson and CEO Atty. Francis Saturnino C. Juan, recently held an executive dialogue with the Philippine Chamber of Commerce and Industry (PCCI) to outline ongoing regulatory reforms aimed at fostering a more reliable, efficient, and investment-ready power sector.
The high-level engagement provided a strategic platform for the ERC and the business community to align on critical policy directions, key regulatory updates, and economic measures designed to safeguard consumer welfare while encouraging private sector investment.
During the discussion, Chairperson Juan addressed key inquiries regarding proposed revisions to the Philippine Grid Code (PGC). He underscored the ERC’s mandate to ensure that the PGC accurately reflects the evolving technical, economic, and operational realities of all grid participants — including distribution utilities and emerging clean technology providers.
“The ERC will exercise its regulatory authority firmly within the bounds of existing laws to ensure the Grid Code remains responsive, flexible, and capable of supporting a secure, resilient transmission system,” said Chairperson Juan.
Highlighting the role of predictable policy in driving the country’s energy transition, the Commission reaffirmed its commitment to key industry benchmarks:
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Competitive Selection Process (CSP): Respecting and upholding transparent CSP outcomes to maintain market integrity.
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Performance-Based Regulation (PBR): Advancing the PBR reset for distribution utilities to drive operational efficiency and fair pricing.
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Sustainable Growth: Developing robust framework policies supporting import substitution, energy security, and green infrastructure investments.
These structural reforms aim to provide long-term stability and predictability for local and international investors, ensuring that regulatory decisions remain equitable, transparent, and firmly rooted in the public interest.
The dialogue with PCCI forms part of the ERC’s broader initiative to build active partnerships across the business and energy sectors. By fostering open communication with trade organizations, the Commission aims to accelerate reforms that enhance energy security, elevate service standards, and power the nation’s long-term economic growth.
