What is the purpose of epira law?

The Electric Power Industry Reform Act (EPIRA) mandates the Energy Regulatory Commission (Commission) to promote competition, encourage market development, ensure consumer choice, and penalize abuse of market power in the restructured electricity industry.

What are four sectors of electric power industry of the Philippines under epira?

From a two-sector industry, EPIRA divided the electric power industry into four, namely, generation, transmission, distribution, and supply.

Why was epira made?

FIFTEEN YEARS ago, Congress enacted the Electric Power Industry Reform Act (Republic Act No. 9136, aka Epira), aimed to achieve reliable and competitively priced electricity—a goal that has continued to elude us. Critics have called for its review or even outright repeal due to its supposed ineffectiveness.

What is epira Law or Republic Act No 9136?

Section 38 of the Republic Act No. 9136, otherwise known as the EPIRA, created the ERC as an independent, quasi-judicial regulatory body, thereby abolishing the Energy Regulatory Board, created under Executive Order No. 172.

Who wrote epira?

Former senator John Osmeña, who principally authored the Electric Power Industry Reform Act, still maintains that the power commission jointly chaired by Sen. Miriam Defensor-Santiago and Pampanga Rep.

Who is the author of epira law?

The amendment of Republic Act 9136, otherwise known as the EPIRA Law of 2001, was proposed by Reps. Rufus Rodriguez (2nd District, Cagayan de Oro City) and his younger brother Maximo Rodriguez (Party-list, Abante Mindanao) in House Bill 4422.

What is electric power structure before epira law?

Prior to the 2001 restructuring under the EPIRA, the electric power industry had a vertically integrated generation and transmission sector through the NPC and wholesale power purchases from the IPPs were predominantly through the NPC. Distribution utilities were local monopolies in their respective service areas.

When was epira law passed?

2001
The Electric Power Industry Reform Act (EPIRA) was enacted in 2001 with the intention of ensuring affordable and reliable electricity to all power consumers in the Philippines.

Who wrote epira law?

What are the drawbacks of epira law?

— The Epira itself and its IRR (implementing rules and regulations). — Inadequate regulatory safeguards. — Defective Wholesale Electricity Spot Market (WESM) structure and rules. — Market violations or abuse by the industry players and the simultaneous shutdowns of power plants.

What does Psalm within epira stands for?

In implementing the restructuring of the power sector, the EPIRA created the Power Sector Assets and Liabilities Management (PSALM) Corporation, a wholly-owned and -controlled government entity, to take over the ownership of all existing generation assets of the National Power Corporation (NPC), independent power …

Who signed epira law?

Duterte
Republic Act (RA) 11571, inked by Duterte on Tuesday, amends RA 9136 or the Electric Power Industry Reform Act (EPIRA) of 2001 to enable JCEC to exercise its oversight functions in the implementation of all existing energy laws.