MANILA – An official from a consumer group welcomed the Energy Regulatory Commission`s (ERC) commitment to immediately approve planned electricity supply agreements (PPE) between distribution companies and electricity producers to address weak supply. “But it won`t really affect the supply, because these plants are already in service. Instead, they can supply via WESM (wholesale electricity depot market) so there will be no supply disruption,” he said. He added that the best way to cope with rising electricity prices in the spot market is to ensure additional supply and to ensure the reliability of the plant`s operation. Dimagiba said the additional capacity would ensure low-cost electricity supply. Section 3- Request for approval of an electricity supply contract between an electricity co-operative and a new electricity supplier. – the applicant for approval of an electricity agreement between an electricity cooperative and a new electricity supplier (NPP), as defined in the guidelines for setting and authorizing electricity generation rates and subsidies for missionary electrification zones (Resolution 11 of the ERC, 6, 2005), must meet the requirements of these guidelines with respect to the notification of the selection procedure by electricity cooperatives. Requirements for the bid and approval of the electricity supply contract (PSA) between an electricity co-operative and a nuclear power plant, as well as the approval of actual production costs (TCGR). In a draft resolution sent to stakeholders, the ERC stated that the asC proposal was aimed at correcting price spikes in the event of a limited supply. In the face of the liberalization of the country`s electricity industry, as envisioned by the Electricity Sector Reform Act (“EPIRA”), the Philippines` policy aims to deregulate the production and distribution of electricity. Such a policy is expected to provide consumers with the best services at the lowest cost. In line with this policy, the Supreme Court reaffirms the fundamental role of the PSC as a mechanism to ensure fair, fair and low-cost production charges for consumers, as part of a transparent mechanism for the sale of electricity between production companies and DUS.