THE Power Sector Assets and Liabilities Management Corp. (PSALM) has sought regulatory approval to pass on to end-users the stranded debt of the National Power Corp. (Napocor) through the universal charge (UC).

In a petition filed before the Energy Regulatory Commission (ERC), PSALM asked to collect P0.0013 per kilowatt hour (kWh) for a true-up adjustment of P1.35 billion for 2014 for a period of 10.5 years.

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