Preview

Epira

Better Essays
Open Document
Open Document
4306 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Epira
Effects Of Electric Power Industry Reform Act (RA 9136) And Performance Based Regulation On Meralco

Prepared for BA 219 Corporate Finance Reporting
Dr. Helena S. Valderrama PhD

Prepared by

Mark Alejo S. Bernal
September 3, 2012

Table of Contents

| Pages | Title Page | 1 | Table of Contents | 2 | Introduction Introduction History of Meralco | 3 | Problem Statement Problem Statement Aim of Research Paper Objectives of Research Paper Relevance of Research Paper Research Process | 4 | Electric Power Industry Reform Act | 4 | Meralco Pre-EPIRA Data | 6 | Meralco Pre-EPIRA Analysis | 10 | Meralco EPIRA Era Data | 11 | Meralco EPIRA Era Analysis | 13 | Insights | 14 | Conclusions | 14 | References | 16 |

Introduction
Philippine energy and electrification is a national concern. It is the National Government’s duty, responsibility and obligation. This was the primary purpose of Presidential Decree No. 40 (Establishing Basic Policies for the Electric Power Industry) which took effect in 1972. This same PD founded the National Power Corporation (Napocor) as the implementing agency of the state. Napocor acted as the regulator body providing permits to operate to cooperatives, private utilities ad local governments, and other entities. Its main task is to attain total electrification through a series of linked-up generation facilities and power distribution centers.

During this period, Napocor, through former Dean and Finance Minister Cesar Virata took control of Meralco and other power generating companies. This lasted until the Marcos Regime was overthrown and a new constitution was passed in 1988.

In 2001, the Philippine Government enacted Republic Act No. 9136 (EPIRA Law), also called Energy Power Industry Reform Act of 2001. The new law, just like the previous ones, aims to provide better and stricter regulation and government of electricity generation, transmission, distribution and supply. On top of



References: Finally, research paper will try to provide its own opinion based on the data, information gathered and results of the analysis. Electric Power Industry Reform Act (RA 9136)

You May Also Find These Documents Helpful

  • Good Essays

    The research methodology will include relevant data provided by scholarly documents and databases that will provide the thorough, exhaustive and comprehensive analysis of the researched material. By using quantitative and qualitative analysis data collection tools that will recognize the time-tested procedures, an up-to-date process will be presented. Lastly, this intense…

    • 2227 Words
    • 9 Pages
    Good Essays
  • Good Essays

    purpose or objectives, define a problem for solution, or develop strategies for solutions they have identified (Ch. 4 pg. 77)”. The causes for research are many but the process or stages the research should take is systematic and strategized as discussed in the…

    • 871 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Research Paper Template

    • 1976 Words
    • 10 Pages

    Give a background of the proposed study leading to the reasons why the selected research problem is selected for investigation.…

    • 1976 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    on the information I use and analyze in this paper because there are many factors more…

    • 1773 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    The Theme identifies the specific topic of the research paper by answer the questions who,…

    • 925 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Gb570 Unit 1

    • 863 Words
    • 4 Pages

    Content demonstrated original thought and exhibited appropriate judgments, conclusions and assessment based on evaluation and synthesis of information. The main points of the paper were developed clearly. Supportive arguments were logical. Content was appropriate to the assignment, interesting, accurate, and concise.…

    • 863 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Public Utilities Regulatory Policies Act (PURPA) encourages the creation of plants using renewable/non-traditional energy sources and gives Federal Energy Regulatory Commission the regulatory power. These plants were classified as “qualifying facilities” and local utilities were required to buy all of the electricity produced by these qualifying facilities. Once deregulation is introduced, FPL Group will not be very affected by increased competition in the generation segment because of the previous investments in these qualifying facilities.…

    • 2437 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    PESTLE is a concept in the marketing principles. This concept is used as a tool by companies to record the environment they’re operating in or are planning to launch a new project/product/service etc.…

    • 718 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    PowerCo, a medium sized power company generates and sells electricity throughout several states in the southeast U.S. They have been in business for over 30 years and are the largest power generator in the region. They believe that a significant increase in the demand for electricity over the next 10 – 12 years will cause them to be unable to meet the expected demand with their current generation capabilities.…

    • 603 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The local energy infrastructure is administered in whole by the Puerto Rico Electric Power Authority (PREPA), a government-owned corporation and a government monopoly…

    • 1662 Words
    • 6 Pages
    Good Essays
  • Better Essays

    Homeless Ethnography

    • 1251 Words
    • 6 Pages

    The data analysis from this article is mainly with the interviews that were conducted by the researcher for this project. Their observations also played a factor in their analysis of data.…

    • 1251 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Research Critique

    • 262 Words
    • 2 Pages

    Value and contribution of literature review and the terms of reference (aim); significance of the research problem; appropriateness of the theoretical framework, consideration of the research problem in the wider theoretical context…

    • 262 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Hrm Tesco

    • 16722 Words
    • 67 Pages

    * The methodology chapter contains the discussion about the methodology adapted during the research process. The adapted methodology adapted on the rationale ground. First the research topic was carefully and analytically chosen. The selection of topic was the rationale decision due to two basic reasons. First reason was that the information available on the topic is excessive and vast quantity. The secondary information is readily available in the libraries, internet, Tescos head office, blogs and journals. The second reason for the selection of topic was the access to the management of Tesco’s. The access becomes barrier in most of the selection and the topic. Therefore the rationale decision was taken to consider the topic which for the information resources could be available in the sufficient quantity.…

    • 16722 Words
    • 67 Pages
    Powerful Essays
  • Good Essays

    Stat Con Case Digest

    • 2072 Words
    • 9 Pages

    Alalayan and the Philippine Power and Development Company assails the power vested in NAPOCOR that "in any contract for the supply of electric power to a franchise holder," receiving at least 50% of its electric power and energy from it to require as a condition that such franchise holder "shall not realize a net profit of more than twelve percent annually of its investments plus two-month operating expenses." Also it could “renew all existing contracts with franchise holders for the supply of electric power and energy,". This is all in pursuant to RA 3043 and the amendments it offered to RA 2641. Alalayan and PPDC are contractors with NAPOCOR. They are re-suppliers of power produced by NAPOCOR. They aver that the provision of the said RA is a rider in only meant to increase the capital stock of NAPOCOR.…

    • 2072 Words
    • 9 Pages
    Good Essays
  • Good Essays

    ipp vs tnb

    • 974 Words
    • 3 Pages

    To critiques the issue we need to look at the history of the agreement between TNB and IPP is by agreement called Power Producer Agreement (PPA). Based on the other article, Kinibiz (2014) written by Khairie Hisham, the agreement happen on September 29, 1992, a total power blackout swamped the nation for several days. This landmark incident glimmered a privatisation of the power generation sector that broke the dawn for IPPs in Malaysia. In the process, however, TNB’s monopoly of the power generation sector was strip down by former Prime Minister Tun Dr Mahathir Mohamad as YTL Power was awarded the nation’s first IPP licence in 1993.…

    • 974 Words
    • 3 Pages
    Good Essays