Title: Philippines Revised Rules for the Issuance of Licenses to Retail Electricity Suppliers (“RES”)
Nature: Laws and Regulations
Published: August 1, 2021
Region: East Asia and Pacific
Sector: Energy and Power
Topic: Legal Framework
Keywords: Energy and Power, Energy and Power Core, Legal Framework
In Philippines, suppliers must obtain a license from the ERC in accordance with the Revised Rules for the Issuance of Licenses to Retail Electricity Suppliers (“RES”).
Under these Rules, a Retail Electricity Suppliers License will only be issued to applicants meeting all applicable requirements, which include requirements relating to credit standing, technical and managerial capabilities. Retail Electricity Suppliers are also required to comply with requirements relating to cross-ownership limitations and anti-competitive behavior.
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Updated: October 25, 2021