refer to those services that are necessary to support the transmission of capacity and energy from resources to loads while maintaining reliable operation of the transmission system in accordance with good utility practice and the Grid code to be adopted in accordance with this Act

(a)  

refers to electricity end-users who do not have the choice of a supplier of electricity, as may be determined by the Energy Regulatory Commission (ERC) in accordance with this Act

(a)  

refers to the process of issuing direct instructions to electric power industry participants by the grid operator to achieve the economic operation and maintenance of quality, stability, reliability and security of the transmission system

(a)  

refers to a facility which produces electrical an/or mechanical energy and forms of useful thermal energy such as heat or steam which are used for industrial commercial heating or cooling purposes through the sequential use of energy;

(a)  

refers to the decision-making body of the ERC composed of a Chairman and four (4) members as provided under Section 38 hereof;

(a)  

refers to the award by the government to a qualified private entity of the responsibility for financing, operating, expanding, maintaining and managing specific Government-owned assets;

(a)  

refers to the electricity end-users who have a choice of a supplier of electricity, as may be determined by the ERC in accordance with this Act;

(a)  

refers to the component in the retail rate intended for the cost recovery of customer-related services including, but not limited to, meter reading, billing administration and collection;

(a)  

refers to measures undertaken by distribution utilities to encourage end-users in the proper management of their load to achieve efficiency in the utilization of fixed infrastructures in the system;

(a)  

“DOE” refers to the government agency created pursuant to Republic Act No. 7638 whose expanded functions are provided herein;

(a)  

“DOF” refers to the government agency created pursuant to Executive Order No. 127;

(a)  

refers to a compilation of rules and regulations governing electric utilities in the operation and maintenance of their distribution systems which includes, among others, the standards for service and performance, and defines and establishes the relationship of the distribution systems with the facilities or installations of the parties connected thereto

(a)  

refers to the conveyance of electric power by a distribution utility through its distribution system pursuant to the provisions of this Act;

(a)  

refers to the system of wires and associated facilities belonging to a franchised distribution utility extending between the delivery points on the transmission or subtransmission system or generator connection and the point of connection to the premises of the end-user;

(a)  

refers to the cost or charge regulated by the ERC for the use of a distribution system and/or the availment of related services;

(a)  

refers to any electric cooperative, private corporation, government owned utility or existing local government unit which has an exclusive franchise to operate a distribution system in accordance with this Act;

(a)  

refers to a distribution utility organized pursuant to Presidential Decree No. 269, as amended, or as otherwise provided in this Act;

(a)  

refers to any person or entity engaged in the generation, transmission, distribution or supply of electricity;

(a)  

refers to any person or entity requiring the supply and delivery of electricity for its own use;

(a)  

“ERB” refers to the independent, quasi-judicial regulatory body created under Executive Order No. 172, as amended;

(a)  

“ERC” refers to the regulatory agency created herein;

(a)  

refers to a geographical area exclusively assigned or granted to a distribution utility for distribution of electricity;

(a)  

refers to any person or entity authorized by the ERC to operate facilities used in the generation of electricity;

(a)  

refers to the production of electricity by a generation company or a co-generation facility pursuant to the provisions of this Act;

(a)  

refers to the high voltage backbone system of interconnected transmission lines, substations and related facilities;

(a)  

refers to the set of rules and regulations governing the safe and reliable operation, maintenance and development of the high voltage backbone transmission system and its related facilities;

(a)  

“IPP” refers to an existing power generating entity which is not owned by NPC;

(a)  

refers to an amount charged by distribution utilities to industrial and commercial end-users as well as to other subsidizing customer sectors in order to reduce electricity rates of other customer sectors such as the residential end-users, hospitals, and streetlights;

(a)  

refers to an amount embedded in the electricity rates of NPC charged to its customers located in a viable regional grid in order to reduce the electricity rates in a less viable regional grid;

(a)  

refers to an amount embedded in the electricity rates of NPC charged to distribution utilities and non-utilities with higher load factor and/or delivery voltage in order to reduce the electricity rates charged to distribution utilities with lower load factor and/or delivery voltage located in the same regional grid;

(a)  

refers to qualified independent entities appointed by PSALM Corporation who shall administer, conserve and manage the contracted energy output of NPC IPP contracts;

(a)  

refers to the backbone system of wires and associated facilities not directly connected to the national transmission system;

(a)  

refers to the subsidized rate given to low-income captive market end-users who cannot afford to pay at full cost;

(a)  

“NEA” refers to the government agency created under Presidential Decree No. 269, as amended, and whose additional mandate is further set forth herein;

(a)  

“NPC” refers to the government corporation created under Republic Act No. 6395, as amended;

(a)  

“TRANSCO” refers to the corporation organized pursuant to this Act to acquire all the transmission assets of the NPC;

(a)  

refers to the system of allowing any qualified person the use of transmission, and/or distribution system, and associated facilities subject to the payment of transmission and/or distribution retail wheeling rates duly approved by the ERC;

(a)  

“PEP” refers to the overall energy program formulated and updated yearly by the DOE and submitted to Congress pursuant to Republic Act No. 7638;

(a)  

“PDP” refers to the indicative plan for managing electricity demand through energy-efficient programs and for the upgrading, expansion, rehabilitation, repair and maintenance of power generation and transmission facilities, formulated and updated yearly by the DOE in coordination with the generation, transmission and distribution utility companies;

(a)  

“PSALM Corp.” refers to the corporation created pursuant to Section 49 hereof;

(a)  

refers to the sale, disposition, change and transfer of ownership and control of assets and IPP contracts from the Government or a government corporation to a private person or entity;

(a)  

refers to energy resources that do not have an upper limit on the total quantity to be used. Such resources are renewable on a regular basis and the renewable rate is rapid enough to consider availability over an indefinite time. These include, among others, biomass, solar, wind, hydro and ocean energy;

(a)  

refers to the process of reorganizing the electric power industry in order to introduce higher efficiency, greater innovation and end-user choice. It shall be understood as covering a range of alternatives enhancing exposure of the industry to competitive market forces;

(a)  

refers to the total price paid by end-users consisting of the charges for generation, transmission and related ancillary services, distribution, supply and other related charges for electric service;

(a)  

“SPUG” refers to the functional unit of NPC created to pursue missionary electrification function;

(a)  

refer to the excess of the contracted cost of electricity under eligible contracts over the actual selling price of the contracted energy output of such contracts in the market. Such contracts shall have been approved by the ERB as of December 31, 2000;

(a)  

refer to any unpaid financial obligations of NPC which have not been liquidated by the proceeds from the sales and privatization of NPC assets;

(a)  

refer to the facilities related to the power delivery service below the transmission voltages and based on the functional assignment of assets including, but not limited to step-down transformers used solely by load customers, associated switchyard/substation, control and protective equipment, reactive compensation equipment to improve customer power factor, overhead lines, and the land such facilities/ equipment are located. These include NPC assets linking the transmission system and the distribution system which are neither classified as generation nor transmission;

(a)  

refers to any person or entity authorized by the ERC to sell, broker, market or aggregate electricity to the end-users;

(a)  

refers to the charge imposed by electricity suppliers for the sale of electricity to end-users, excluding the charges for generation, transmission and distribution wheeling;

(a)  

means the sale of electricity by a party other than a generator or a distributor in the franchise area of a distribution utility using the wires of the distribution utility concerned;

(a)  

refers to the regulated cost or charges for the use of a transmission system which may include the availment of ancillary services;

(a)  

“TDP” refers to the program for managing the transmission system through efficient planning for the expansion, upgrading, rehabilitation, repair and maintenance, to be formulated by DOE and implemented by the TRANSCO pursuant to this Act;

(a)  

refers to the conveyance of electricity through the high voltage backbone system;

(a)  

refers to the charge, if any, imposed for the recovery of the stranded cost and other purposed pursuant to Section 34 hereof.

(a)  

The electric power industry shall be divided into four (4) sectors, namely:

(a)  

The shall be divided into four (4) sectors, namely: generation, transmission, distribution and supply.

(a)  

Generation of electric power, a business affected with public interest, shall be and .

(a)  

Upon the effectivity of this Act, any new generation company shall, before it operates, secure from the a certificate of compliance pursuant to the standards set forth in this Act, as well as health, safety and environmental clearances from the appropriate government agencies under existing laws.

(a)  

This entity shall, in determining the existence of market power abuse or anti-competitive behavior, require from generation companies the submission of their financial statements.

(a)  

The ERC shall set the standards of the voltage transmission that shall distinguish the transmission from the subtransmission assets. Pending the issuance of such new standards, the distinction between the transmission and subtransmission assets shall be as follows:

(a)  

This was once a private entity that soon became a public entity after RA 9136

(a)  

TRANSCO is now also known as?

(a)  

This entity focuses on "missionary electrification" by providing power generation and delivery systems to areas not connected to the main transmission grid through its Small Power Utilities Group (SPUG). 

(a)  

All the powers of the TRANSCO shall be vested in and exercised by a Board of Directors. The Board shall be composed of

(a)  

The members of the Board so appointed by the President of the Philippines shall serve for a term of , except that any person appointed to fill-in a vacancy shall serve only the unexpired term of his/her predecessor in office.

(a)  

Who serves as the ex-efficio Chairman of the Board?

(a)  

Enumerate the six (6) members of the TRANSCO Board of Directors

(a)  

The presence of at least four (4) members of the Board shall constitute a .

(a)  

The shall be appointed by the President of the Philippines. In the absence of the Chairman, he/she shall preside over board meetings.

(a)  

The net profit, if any, of TRANSCO shall be remitted to the not later than after the immediately preceding quarter.

(a)  

What does JPC mean?

(a)  

In case a concession contract is awarded, the concessionaire shall have a contract period of years, subject to review and renewal for a maximum period of another same count of years.

(a)