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EPIRA

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Under Republic Act No. 9136, which entity is tasked with the orderly sale, disposition, and privatization of the National Power Corporation's (NPC) generation assets and IPP contracts?

a)

Energy Regulatory Commission (ERC)

b)

National Transmission Corporation (TRANSCO)

c)

Power Sector Assets and Liabilities Management Corporation (PSALM Corp)

d)

Department of Energy

2.

What is the primary objective of the 'Universal Charge' imposed on all electricity end-users as defined in the Act?

a)

To provide direct subsidies to large industrial and commercial end-users.

b)

To cover the stranded debts and contract costs of NPC and distribution utilities.

c)

To fund the annual budget of the Department of Energy (DOE).

d)

To finance the construction of new transmission facilities by TRANSCO.

3.

According to the Electric Power Industry Reform Act, which sector of the industry is to become competitive and open, and is explicitly not considered a public utility operation?

a)

Transmission Sector

b)

Generation Sector

c)

Supply Sector (for Captive Markets)

d)

Distribution Sector

4.

What is the term for electricity end-users who do not have the choice of a supplier of electricity, as determined by the Energy Regulatory Commission (ERC)?

a)

Isolated Grid

b)

Wholesale Market

c)

Captive Market

d)

Contestable Market

5.

Which of the following is NOT a function of the Energy Regulatory Commission (ERC) as outlined in the Act?

a)

Formulating the Philippine Energy Plan (PEP) and Power Development Program (PDP).

b)

Penalizing abuse of market power and anti-competitive behavior.

c)

Setting transmission and distribution wheeling rates.

d)

Promulgating and enforcing a National Grid Code and a Distribution Code.

6.

The Electric Power Industry Reform Act mandates the creation of the National Transmission Corporation (TRANSCO) to assume the transmission functions of which entity?

a)

ERC

b)

DOE

c)

NPC

d)

NEA

7.

What is the 'lifeline rate' as established by R.A. 9136?

a)

A subsidized rate for low-income captive market end-users.

b)

A special rate for government agencies and facilities.

c)

A discounted rate for industrial users to promote economic growth.

d)

The base rate from which all other electricity charges are calculated.

8.

To prevent market power abuse, what is the maximum percentage of the national installed generating capacity that a single company or related group can own, operate, or control?

a)

25%

b)

15%

c)

50%

d)

30%

9.

Which of the following is a condition that must be met before the implementation of retail competition and open access?

a)

The establishment of the wholesale electricity spot market.

b)

The conversion of all electric cooperatives into stock corporations.

c)

The complete privatization of all NPC generation assets.

d)

The complete phase-out of all cross subsidies.

10.

According to the Act, what is the composition of the electric power industry?

a)

Public Sector, Private Sector, and Cooperatives.

b)

Generation, Regulation, and Consumption.

c)

Generation, Transmission, and Distribution.

d)

Generation, Transmission, Distribution, and Supply.

11.

What special provision was made for the Agus and Pulangui hydro complexes in Mindanao regarding privatization?

a)

They were excluded from initial privatization and could not be privatized for at least 10 years.

b)

They were to be the first generation assets sold through public bidding.

c)

They were to be decommissioned and their assets sold for scrap.

d)

They were to be immediate transferred to a private concessionaire for 25 years.

12.

A 'Distribution Utility' has an obligation to supply electricity in the least cost manner to which specific market segment?

a)

The Captive Market

b)

The Contestable Market

c)

The Wholesale Electricity Spot Market

d)

All end-users within its franchise area

13.

How does the Electric Power Industry Reform Act define 'Open Access'?

a)

The right of the public to access all financial records of power companies.

b)

The system of allowing any qualified person to use the transmission and/or distribution system.

c)

The requirement for all power plants to be open for public tours and inspections.

d)

The policy of allowing foreign companies to openly invest in all energy sectors without limits.

14.

What is the term of existence for the Power Sector Assets and Liabilities Management Corporation (PSALM Corp.)?

a)

Perpetual, until all NPC debts are paid

b)

25 years

c)

50 years

d)

10 years

15.

Who has the exclusive power to grant franchises to persons engaged in the transmission and distribution of electricity under R.A. 9136?

a)

The Congress of the Philippines

b)

The President of the Philippines

c)

The Energy Regulatory Commission (ERC)

d)

The Department of Energy (DOE)