^
+ Follow CPPC Tag
CPPC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 383081
                    [Title] => VECO set to hike power rates again
                    [Summary] => 

Consumers should brace for higher electricity rates as the Visayan Electric Company is set to implement rate increases this February and next month.


The first rate increase is the result of the Energy Regulatory Commission's approval of the supplemental agreement between the VECO and Cebu Private Power Corporation on their new pricing formula and new rate.

However, VECO said it could not yet reveal how much the increase would be.
[DatePublished] => 2007-02-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [1] => Array ( [ArticleID] => 369880 [Title] => ERC prepares to establish electric meters' standards [Summary] => The Energy Regulatory Commission recently announced that it has been working to come up with standards for electric meters that would follow international criteria.

ERC commissioner Jose Reyes, in a public hearing in Cebu lately, said that there will be standards soon for watt-hour meters for distribution utilities, which would be subjected to calibration under ERC supervision.

"Not all meters are accurate," Reyes said in emphasizing the need for such standards among meters for distribution utilities.
[DatePublished] => 2006-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [2] => Array ( [ArticleID] => 368795 [Title] => To recover money spent on supplier: VECO to hike power rates next month [Summary] => This as the Energy Regulatory Commission (ERC) recently approved the power utility's petition for the recovery of the additional costs it incurred due to emergency measures it undertook to prevent the shutdown of its power supplier - Cebu Private Power Corporation (CPPC). [DatePublished] => 2006-11-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1789631 [AuthorName] => Wenna Berondo [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [3] => Array ( [ArticleID] => 364222 [Title] => ERC's approval of Veco-CPPC supplementary accord sought [Summary] => The Visayan Electric Company yesterday asked the Energy Regulatory Commission to approve its supplemental agreement with Cebu Private Power Corporation on the new pricing formula in supply of power, and an adjustment in power distribution rates.

Veco filed at the ERC last September 4 a petition for approval or review of a supplemental accord it intends to add to the power purchase agreement it has with CPPC.
[DatePublished] => 2006-10-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [4] => Array ( [ArticleID] => 355136 [Title] => VECO rate hike okayed by ERC [Summary] => Consumers will soon have to brace for higher electric bills soon because the Energy Regulatory Commission recently allowed the Visayan Electric Company to hike its rates.

VECO's raising of rates was meant to recover the P15 million additional cost it spent for emergency measures to skirt a shutdown of operations of Cebu Private Power Corporation, one of its suppliers, the ERC said in its 18-page decision.
[DatePublished] => 2006-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [5] => Array ( [ArticleID] => 338409 [Title] => To recover costs VECO wants ERC nod to raise power prices [Summary] => The Visayan Electric Company has asked the Energy Regulatory Commission to allow the recovery of a part of the P500 million it paid in advance to the Cebu Private Power Corporation to prevent the latter from shutting down.

If granted, this means that consumers of VECO would have to shoulder higher power rates ranging from P.70 per kilowatt hour to P1 per kilowatt hour, as the distribution utility would also be authorized to increase its rates.
[DatePublished] => 2006-05-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [6] => Array ( [ArticleID] => 309624 [Title] => Court fails to solve CPPC-VECO row [Summary] => The court yesterday failed to resolve the petition filed by the Visayan Electric Company for a writ of preliminary injunction against Cebu Private Power Corporation.

In effect, CPPC cannot stop supplying power to VECO and cease its operation as VECO maintained its stand that CPPC should abide by their 1997 contract.

In response to VECO's complaint, CPPC legal counsel Lawrence Arroyo asked the court to dismiss the petition, citing that only the Energy Regulatory Commission and not the court has jurisdiction over the matter.
[DatePublished] => 2005-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [7] => Array ( [ArticleID] => 309097 [Title] => Tago sa publiko [Summary] => Kon paminawon ang pagarpar sa kadagkoan sa National Power Corp. (Napocor) ug National Transmission Co. (Transco), magsobra ang suplay sa kuryente sa Sugbo bisan pag manera sa ilang planta ang Cebu Private Power Corp. (CPPC). Kon mao, nganong mora mang gilubat-lubatan ang atong mga politiko ug mga negosyante dihang gipahibawo silang Roger Lim, general manager sa CPPC, nga mohunong nang ilang operasyon?
[DatePublished] => 2005-11-27 00:00:00 [ColumnID] => 136276 [Focus] => 0 [AuthorID] => 1097205 [AuthorName] => Leo Lastimosa [SectionName] => Banat Opinyon [SectionUrl] => opinyon [URL] => ) [8] => Array ( [ArticleID] => 308885 [Title] => Bisto ang bakak [Summary] => Ang maayong balita mao nga ang presyo sa kuryente sa National Power Corp. (Napocor) dinhi sa Sugbo ug Kabisay-an mas ubos kay sa gasto sa ilang generation. Ang daotang balita mao nga nakagarantiya ni, puno sa padayong lapad nga pangurakot sa ahensiya, nga mosamot pagburot ang higanteng alkanse sa Napocor.
[DatePublished] => 2005-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097205 [AuthorName] => Leo Lastimosa [SectionName] => Banat Opinyon [SectionUrl] => opinyon [URL] => ) [9] => Array ( [ArticleID] => 308521 [Title] => Bisto ang bakak [Summary] => Ang maayong balita mao nga ang presyo sa kuryente sa National Power Corp. (Napocor) dinhi sa Sugbo ug Kabisay-an mas ubos kay sa gasto sa ilang generation. Ang daotang balita mao nga nakagarantiya ni, puno sa padayong lapad nga pangurakot sa ahensiya, nga mosamot pagburot ang higanteng alkanse sa Napocor.
[DatePublished] => 2005-11-25 00:00:00 [ColumnID] => 136276 [Focus] => 0 [AuthorID] => 1097205 [AuthorName] => Leo Lastimosa [SectionName] => Freeman Opinion [SectionUrl] => opinion [URL] => ) ) )
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