Podcast
Questions and Answers
This Act shall be known as the 'Electric Power Industry Reform Act of ______'.
This Act shall be known as the 'Electric Power Industry Reform Act of ______'.
2001
______ refers to a person or entity engaged in consolidating electric power demand.
______ refers to a person or entity engaged in consolidating electric power demand.
Aggregator
______ refer to those services necessary for the reliable operation of energy transmission.
______ refer to those services necessary for the reliable operation of energy transmission.
Ancillary Services
______ refers to electricity end-users who do not have the choice of a supplier.
______ refers to electricity end-users who do not have the choice of a supplier.
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The intention of the Act is to implement reforms in the ______ power industry.
The intention of the Act is to implement reforms in the ______ power industry.
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Stranded debt of NPC shall refer to any unpaid financial ______ of NPC.
Stranded debt of NPC shall refer to any unpaid financial ______ of NPC.
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Stranded contract costs of distribution utilities shall refer to the excess of the contracted cost of electricity over the actual ______ price.
Stranded contract costs of distribution utilities shall refer to the excess of the contracted cost of electricity over the actual ______ price.
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Within one (1) year from the effectivity of this Act, a universal charge shall be imposed on all electricity end ______.
Within one (1) year from the effectivity of this Act, a universal charge shall be imposed on all electricity end ______.
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The plan shall be submitted for endorsement by the Joint Power ______ and the approval of the President of the Philippines.
The plan shall be submitted for endorsement by the Joint Power ______ and the approval of the President of the Philippines.
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The provisions of Section 79 of Commonwealth Act No. 137 refer to royalties, returns and tax ______ for indigenous energy resources.
The provisions of Section 79 of Commonwealth Act No. 137 refer to royalties, returns and tax ______ for indigenous energy resources.
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Any provisions of the law to the contrary notwithstanding, the distribution of ______ to end-users shall be a regulated common carrier business.
Any provisions of the law to the contrary notwithstanding, the distribution of ______ to end-users shall be a regulated common carrier business.
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Within six (6) months from the effectivity of this Act, NPC shall file with the ERC its revised ______.
Within six (6) months from the effectivity of this Act, NPC shall file with the ERC its revised ______.
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The members of the Board shall receive per diem for each regular or special meeting of the board actually ______ by them.
The members of the Board shall receive per diem for each regular or special meeting of the board actually ______ by them.
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The ______ shall refer to the creation of the National Transmission Company.
The ______ shall refer to the creation of the National Transmission Company.
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SEC. 12 specifies the powers and duties of the ______.
SEC. 12 specifies the powers and duties of the ______.
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The presence of at least four (4) members of the Board shall constitute a ______, which shall be necessary for the transaction of any business.
The presence of at least four (4) members of the Board shall constitute a ______, which shall be necessary for the transaction of any business.
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The retail rates charged by distribution utilities for the supply of electricity in their ______ market shall be subject to regulation.
The retail rates charged by distribution utilities for the supply of electricity in their ______ market shall be subject to regulation.
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SEC. 17 details an exemption from the Salary Standardization ______.
SEC. 17 details an exemption from the Salary Standardization ______.
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The distribution wheeling charges of distribution utilities shall be filed with and approved by the ______.
The distribution wheeling charges of distribution utilities shall be filed with and approved by the ______.
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The President of TRANSCO shall be appointed by the President of the ______.
The President of TRANSCO shall be appointed by the President of the ______.
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Distribution utilities may engage in any related business undertaking which maximizes the utilization of their ______.
Distribution utilities may engage in any related business undertaking which maximizes the utilization of their ______.
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The 'Power Sector Assets and Liabilities Management ______' is also known as PSALM Corp.
The 'Power Sector Assets and Liabilities Management ______' is also known as PSALM Corp.
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Renewable Energy Resources refers to energy resources that do not have an upper limit on the total ______ to be used.
Renewable Energy Resources refers to energy resources that do not have an upper limit on the total ______ to be used.
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Restructuring refers to the process of reorganizing the electric power industry to introduce higher ______, greater innovation and end-user choice.
Restructuring refers to the process of reorganizing the electric power industry to introduce higher ______, greater innovation and end-user choice.
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The 'Retail Rate' refers to the total price paid by end-users consisting of the charges for generation, transmission and related ______ for electric service.
The 'Retail Rate' refers to the total price paid by end-users consisting of the charges for generation, transmission and related ______ for electric service.
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The 'Small Power Utilities Group' is also referred to as ______.
The 'Small Power Utilities Group' is also referred to as ______.
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'Stranded Debts of NPC' refer to any unpaid financial obligations of NPC which have not been ______ by the proceeds from the sales of NPC assets.
'Stranded Debts of NPC' refer to any unpaid financial obligations of NPC which have not been ______ by the proceeds from the sales of NPC assets.
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'Subtransmission Assets' refer to the facilities related to the power delivery service below the ______.
'Subtransmission Assets' refer to the facilities related to the power delivery service below the ______.
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The National Transmission Corporation is created to assume the electrical transmission function of the National Power ______.
The National Transmission Corporation is created to assume the electrical transmission function of the National Power ______.
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In the absence of the Chairman, the ______ shall preside over board meetings.
In the absence of the Chairman, the ______ shall preside over board meetings.
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The power to grant franchises to persons engaged in the transmission and distribution of ______ shall be vested exclusively in the Congress of the Philippines.
The power to grant franchises to persons engaged in the transmission and distribution of ______ shall be vested exclusively in the Congress of the Philippines.
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The salaries and benefits of employees in the TRANSCO shall be exempt from Republic Act No. ______.
The salaries and benefits of employees in the TRANSCO shall be exempt from Republic Act No. ______.
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The net profit, if any, of TRANSCO shall be remitted to the ______ Corp. not later than ninety (90) days after the immediately preceding quarter.
The net profit, if any, of TRANSCO shall be remitted to the ______ Corp. not later than ninety (90) days after the immediately preceding quarter.
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The transmission charges of the TRANSCO shall be filed with and approved by the ______ pursuant to Paragraph (f) of Section 43.
The transmission charges of the TRANSCO shall be filed with and approved by the ______ pursuant to Paragraph (f) of Section 43.
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Any law to the contrary notwithstanding, retail competition and open access on ______ wires shall be implemented not later than three (3) years upon the effectivity of this Act.
Any law to the contrary notwithstanding, retail competition and open access on ______ wires shall be implemented not later than three (3) years upon the effectivity of this Act.
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TRANSCO may engage in any related business which maximizes utilization of its ______.
TRANSCO may engage in any related business which maximizes utilization of its ______.
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Within one (1) year from the effectivity of this Act, the DOE shall establish a wholesale electricity ______ market.
Within one (1) year from the effectivity of this Act, the DOE shall establish a wholesale electricity ______ market.
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The total electrification of the country is determined by the Energy Regulatory Commission (ERC) in accordance with this ______;
The total electrification of the country is determined by the Energy Regulatory Commission (ERC) in accordance with this ______;
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To ensure the quality, reliability, security, and affordability of the supply of electric ______;
To ensure the quality, reliability, security, and affordability of the supply of electric ______;
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To ensure transparent and reasonable prices of electricity in a regime of free and fair ______;
To ensure transparent and reasonable prices of electricity in a regime of free and fair ______;
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To enhance the inflow of private capital and broaden the ownership base of the power generation, transmission, and ______ sectors;
To enhance the inflow of private capital and broaden the ownership base of the power generation, transmission, and ______ sectors;
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To ensure fair and non-discriminatory treatment of public and private sector entities in the restructuring of the electric power ______;
To ensure fair and non-discriminatory treatment of public and private sector entities in the restructuring of the electric power ______;
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To protect the public ______ as it is affected by the rates and services of electric utilities;
To protect the public ______ as it is affected by the rates and services of electric utilities;
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To assure socially and environmentally compatible ______ sources and infrastructure;
To assure socially and environmentally compatible ______ sources and infrastructure;
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To promote the utilization of indigenous and new and renewable energy resources in power ______;
To promote the utilization of indigenous and new and renewable energy resources in power ______;
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To provide for an orderly and transparent ______ of the assets and liabilities of the National Power Corporation;
To provide for an orderly and transparent ______ of the assets and liabilities of the National Power Corporation;
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To establish a strong and purely independent regulatory ______ and system;
To establish a strong and purely independent regulatory ______ and system;
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To encourage the efficient use of energy and other modalities of demand side ______ management;
To encourage the efficient use of energy and other modalities of demand side ______ management;
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“Central Dispatch” refers to the process of issuing direct instructions to electric power industry ______;
“Central Dispatch” refers to the process of issuing direct instructions to electric power industry ______;
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“Co-Generation Facility” refers to a facility which produces electrical and/or mechanical energy and forms of useful thermal energy such as ______ or steam;
“Co-Generation Facility” refers to a facility which produces electrical and/or mechanical energy and forms of useful thermal energy such as ______ or steam;
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“Contestable Market” refers to the electricity end-users who have a choice of a ______ of electricity;
“Contestable Market” refers to the electricity end-users who have a choice of a ______ of electricity;
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“Customer Service Charge” refers to the component in the retail ______ intended for the cost recovery of customer-related services;
“Customer Service Charge” refers to the component in the retail ______ intended for the cost recovery of customer-related services;
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Flashcards
Electric Power Industry Reform Act of 2001
Electric Power Industry Reform Act of 2001
An act aiming to reform and improve the electric power industry in the Philippines.
Aggregator
Aggregator
An entity that consolidates electric power demand from users to purchase and resell electricity.
Ancillary Services
Ancillary Services
Services necessary to support the transmission of capacity and energy, ensuring reliable operations.
Captive Market
Captive Market
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Contestable Market
Contestable Market
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Distribution Sector
Distribution Sector
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Board Meetings
Board Meetings
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Quorum
Quorum
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Board Per Diems
Board Per Diems
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Powers of the President of TRANSCO
Powers of the President of TRANSCO
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Distribution Utilities' Obligations
Distribution Utilities' Obligations
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Retail Rates
Retail Rates
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Franchising Power in Electric Sector
Franchising Power in Electric Sector
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Power Development Program (PDP)
Power Development Program (PDP)
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Power Sector Assets and Liabilities Management Corporation (PSALM)
Power Sector Assets and Liabilities Management Corporation (PSALM)
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Renewable Energy Resources
Renewable Energy Resources
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Restructuring
Restructuring
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Small Power Utilities Group (SPUG)
Small Power Utilities Group (SPUG)
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Stranded Contract Costs of NPC
Stranded Contract Costs of NPC
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Subtransmission Assets
Subtransmission Assets
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Stranded Debt
Stranded Debt
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Distribution Utilities Stranded Contract Costs
Distribution Utilities Stranded Contract Costs
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Universal Charge
Universal Charge
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Franchising Power
Franchising Power
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De-Monopolization
De-Monopolization
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Transmission Charges
Transmission Charges
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Unbundling of Rates
Unbundling of Rates
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NPC Stranded Debt Recovery
NPC Stranded Debt Recovery
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Total Electrification
Total Electrification
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Quality of Electricity Supply
Quality of Electricity Supply
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Chairman Absence Procedure
Chairman Absence Procedure
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Transparent Pricing
Transparent Pricing
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Salaries Exemption
Salaries Exemption
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Private Capital Inflow
Private Capital Inflow
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Co-Generation Facility
Co-Generation Facility
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Net Profit Remittance
Net Profit Remittance
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Transmission Charges Approval
Transmission Charges Approval
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ERC (Energy Regulatory Commission)
ERC (Energy Regulatory Commission)
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Concession Contract
Concession Contract
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Related Business Engagement
Related Business Engagement
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Wholesale Electricity Spot Market
Wholesale Electricity Spot Market
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Customer Service Charge
Customer Service Charge
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Retail Competition and Open Access
Retail Competition and Open Access
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De-Monopolization Mandate
De-Monopolization Mandate
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Demand Side Management
Demand Side Management
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Department of Energy (DOE)
Department of Energy (DOE)
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Independent Regulatory Body
Independent Regulatory Body
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Privatization of National Power Corporation
Privatization of National Power Corporation
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Indigenous Energy Resources
Indigenous Energy Resources
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Environmentally Compatible Energy
Environmentally Compatible Energy
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Study Notes
Republic Act No. 9136 - Electric Power Industry Reform Act of 2001
- This act aims to restructure the Philippine electric power industry, focusing on total electrification, quality, reliability, security, affordability, and transparency in electricity pricing.
- It outlines the restructuring of the industry into generation, transmission, distribution, and supply sectors.
- The act establishes the National Transmission Corporation (TRANSCO) to manage transmission assets.
- It aims to privatize National Power Corporation (NPC) assets and liabilities.
- It creates an independent regulatory body, the Energy Regulatory Commission (ERC), to supervise and regulate the sector.
- The act encourages the use of renewable energy sources and socially and environmentally compatible energy sources.
- It includes provisions for demand-side management, customer service charges, concession contracts, and other relevant terms.
- Various terms are defined, including aggregator, captive market, captive market, central dispatch, co-generation facility, commission, concession contract, contestable market, customer service charge, etc. Each term is defined explicitly.
Key Sectors in the Electric Power Industry
- Generation Sector: A competitive sector that allows for the generation of electricity.
- Transmission Sector: The regulated sector responsible for transmission and governed by ERC.
- Distribution Sector: Operated by distribution utilities who must provide distribution services and connections to end-users in specific areas. These services are regulated, including associated charges like the distribution wheeling charge.
- Supply Sector: A sector that is also subject to regulation, governed by ERC, for electricity suppliers in the competitive market.
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Description
Test your knowledge on Republic Act No. 9136, the Electric Power Industry Reform Act of 2001 in the Philippines. This quiz covers the act's goals, structure, and provisions aimed at restructuring the electric power industry for better access and transparency. Explore your understanding of the roles of various entities like TRANSCO and ERC in the context of this important legislation.
