Energy Regulatory Commission (ERC) has imposed penalties on four distribution utilities (DUs) after their failure to submit the required annually submitted 5-year Distribution Development Plan (DDP).
The commission said that after a thorough investigation and the observance of due process, it resolved to impose penalties on First Bay Power Corporation, Inc. (FBPC), Albay Electric Cooperative, Inc. (ALECO), Abra Electric Cooperative, Inc. (ABRECO), and Maguindanao Electric Cooperative, Inc. (MAGELCO).
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