MikeLigalig.com

DOE Updates Power Sector Payment Guidelines for Extended ECQ Period

TAGUIG CITY – Energy Secretary Alfonso G. Cusi signed a Memorandum on Thursday (16 April 2020) directing all concerned power sector participants, including private and public corporations, local government units (LGUs), as well as consumers to continue implementing and adhering to existing guidelines on the deferment of payments of obligations and dues relative to the extension of the Enhanced Community Quarantine (ECQ) in Luzon, which was extended until 30 April 2020.

“We at the Department of Energy will continue to adopt all necessary measures to help our community partners, stakeholders, and power consumers during and after the ECQ. Having access to power services is extremely critical during this national public health emergency, so we hope that these guidelines will allay at least some of the worries of the members of the energy family," Secretary Cusi said.

Among the salient features of the memorandum include:

• provision of a grace period for the payment of consumers’ electricity bills without interests, penalties, fees, and charges falling within the initial and extended ECQ period. The payments shall be amortized in four equal installments, payable in the first four months following the end of the ECQ;

• provision of a similar grace period for all public and private power sector corporations on the payments and obligations due, universal charges, total trading amounts and other relevant charges falling within the original and extended ECQ period.

This includes payments due to the National Power Corporation, National Transmission Corporation, National Grid Corporation of the Philippines, Power Sector and Liabilities Management Corporation, Independent Electricity Market Operator of the Philippines, as well as the fuel/resource suppliers of generating facilities and independent power producers;

• the suspension of the payment of the Feed-in Tariff allowance for another billing period; and

• the payment of contenstable customers' obligations with their retail electricity suppliers during the original and extended ECQ shall be according to the negotiated terms of both parties. Nevertheless, the Energy Department encourages all concerned parties to adopt a similar grace period scheme.

The DOE also called on LGUs to give consideration to energy facilities in their respective jurisdictions by likewise extending a grace period in collecting applicable taxes, fees, and obligation dues.

On 18 March 2020, the DOE issued an initial memo to power sector corporations regarding the deferment of payments and obligation dues for 30 days after the end of the ECQ period originally set on 14 April 2020.

###

#DOEPH
#EPowerMo
#ESafety
#ESecure
#EDiskarte
#Ambisyon2040

*WORK from HOME and START YOUR OWN blog site, business or personal website, or e-commerce store at www.dreamhost.com

Sitemap: https://tubagbohol.mikeligalig.com/index.php?action=sitemap

RSS Feeds: https://feeds.feedburner.com/tubagbohol

Tweets: https://twitter.com/tubagboholcom



Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=96408.0