PSALM conducts intensive consultations with collecting entities (CEs) and other stakeholders of Universal Charge (UC)
The Power Sector Assets and Liabilities Management (PSALM) Corporation, through its Universal Charge and Accounts Management Department (UCAMD), is conducting intensive consultations with collecting entities (CEs) of the UC and other stakeholders in its Caliraya-Botocan-Kalayaan Conference Rooms. These half-day consultations run from 9-10 and 13 June 2025.
Attendees for the 09 June 2025 consultation meeting include the CEs from Cordillera Administrative Region (CAR), Regions 1, 2 and 5, and representatives from Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA). The 10 June 2025 session was attended by CEs from Regions 3 and 5, while the 13 June 2025 consultation is for the CEs from Regions 4 and 5, NCR and representatives from the National Electrification Administration (NEA) and National Power Corporation (NPC).
The consultations align with PSALM’s mandate to administer the UC pursuant to Section 34 of Republic Act No. 9136, also known as the Electric Power Industry Reform Act (EPIRA).
This initiative of PSALM-UCAMD aims to solicit comments, gather insights and obtain recommendations from the CEs and other stakeholders to finetune the Guidelines and Procedures Governing Remittances and Disbursements of the Universal Charge (UC Guidelines). “This consultation is a chance for all stakeholders to openly share concerns, propose enhancements and collaboratively explore solutions,” said Manuel Marcos M. Villalon II, PSALM’s Vice President for Finance.
The UC Guidelines were promulgated by PSALM to establish procedures for the remittance and disbursement of the UC and to ensure the timely and accurate provision of information. Timeliness and accuracy are critical to the achievement of the objectives of the UC implementation and to PSALM's fulfilment of its mandates under the EPIRA and its Implementing Rules and Regulations.
“PSALM recently attended the Regulatory Impact Assessment (RIA) course conducted by the Anti-Red Tape Authority (ARTA). The high penalty rate imposed on late UC remittances that burdens the CEs was subjected to RIA,” Atty. Patick Gil B. Cortes of PSALM’s Legal Group explained on one of the open fora. “Thus, these consultations also aim to get your [the stakeholders] recommendations and suggestions that may be used to update the UC Guidelines, especially on the high penalty rate,” he added.
The current UC Guidelines were last amended and approved by the Energy Regulatory Commission (ERC) through an Order dated 07 December 2005 under ERC Case No. 2003-187. After almost two decades of implementing the guidelines, it may be necessary to reassess and improve such guidelines, subject to PSALM and ERC's approval, in light of pressing concerns raised by the CEs and significant developments in the power industry, in consultation with the CEs and other stakeholders.
PSALM conducts intensive consultations with collecting entities (CEs) and other stakeholders of Universal Charge (UC)
The Power Sector Assets and Liabilities Management (PSALM) Corporation, through its Universal Charge and Accounts Management Department (UCAMD), is conducting intensive consultations with collecting entities (CEs) of the UC and other stakeholders in its Caliraya-Botocan-Kalayaan Conference Rooms. These half-day consultations run from 9-10 and 13 June 2025.
Attendees for the 09 June 2025 consultation meeting include the CEs from Cordillera Administrative Region (CAR), Regions 1, 2 and 5, and representatives from Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA). The 10 June 2025 session was attended by CEs from Regions 3 and 5, while the 13 June 2025 consultation is for the CEs from Regions 4 and 5, NCR and representatives from the National Electrification Administration (NEA) and National Power Corporation (NPC).
The consultations align with PSALM’s mandate to administer the UC pursuant to Section 34 of Republic Act No. 9136, also known as the Electric Power Industry Reform Act (EPIRA).
This initiative of PSALM-UCAMD aims to solicit comments, gather insights and obtain recommendations from the CEs and other stakeholders to finetune the Guidelines and Procedures Governing Remittances and Disbursements of the Universal Charge (UC Guidelines). “This consultation is a chance for all stakeholders to openly share concerns, propose enhancements and collaboratively explore solutions,” said Manuel Marcos M. Villalon II, PSALM’s Vice President for Finance.
The UC Guidelines were promulgated by PSALM to establish procedures for the remittance and disbursement of the UC and to ensure the timely and accurate provision of information. Timeliness and accuracy are critical to the achievement of the objectives of the UC implementation and to PSALM's fulfilment of its mandates under the EPIRA and its Implementing Rules and Regulations.
“PSALM recently attended the Regulatory Impact Assessment (RIA) course conducted by the Anti-Red Tape Authority (ARTA). The high penalty rate imposed on late UC remittances that burdens the CEs was subjected to RIA,” Atty. Patick Gil B. Cortes of PSALM’s Legal Group explained on one of the open fora. “Thus, these consultations also aim to get your [the stakeholders] recommendations and suggestions that may be used to update the UC Guidelines, especially on the high penalty rate,” he added.
The current UC Guidelines were last amended and approved by the Energy Regulatory Commission (ERC) through an Order dated 07 December 2005 under ERC Case No. 2003-187. After almost two decades of implementing the guidelines, it may be necessary to reassess and improve such guidelines, subject to PSALM and ERC's approval, in light of pressing concerns raised by the CEs and significant developments in the power industry, in consultation with the CEs and other stakeholders.
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