ERC Resolution No. 01, Series of 2026 – Amended Timelines for AWAT and Rate Reset Applications
ERC amended the filing deadlines for AWAT and Rate Reset applications under the Performance-Based Regulation, extending AWAT submissions to 120 days and adjusting reset timelines to better align regulatory processes for private distribution utilities.
2/6/20262 min read
SUMMARY
WHAT IT IS
Amends timelines for filing Actual Weighted Average Tariff (AWAT) applications and Reset Applications under previous ERC Resolutions No. 23 and 24, Series of 2025, for privately-owned distribution utilities (PDUs) under Performance-Based Regulation (PBR).
Private Distribution Utilities under PBR, especially those in the Second, Third, and Fourth Entry Groups
WHO IS AFFECTED
KEY DEADLINES
AWAT application deadline: 22 March 2026
Reset Application deadlines: 01 April 2026 (Second Entry Group), 01 October 2026 (Third Entry Group), 01 April 2027 (Fourth Entry Group)
Resolution effective immediately upon publication
TAKEAWAY
PDUs must ensure timely filing of AWAT and Reset Applications according to the new deadlines.
OEDC does not need to file an AWAT application under this Resolution.
KEY POINTS
Scope: Applies to all Private Distribution Utilities (PDUs) operating under Performance-Based Regulation (PBR), except as specifically exempted.
Covered Entities: All PDUs under PBR; Olongapo Electricity Distribution Company (OEDC) is exempted from AWAT application filing.
AWAT Application Requirement: All PDUs must file an Application for confirmation of their Actual Weighted Average Tariff (AWAT) against last approved rates.
AWAT Application Deadline: Extended to one hundred twenty (120) calendar days from effectivity of AWAT Resolution (22 November 2025), or until 22 March 2026.
Lapsed Periods: Specific lapsed periods for each Entry Group and PDU are enumerated; OEDC’s lapsed period is declared not applicable.
Reset Application Filing Timeline: Amended for Second, Third, and Fourth Entry Groups from twelve (12) months to nine (9) months before the start of the respective Regulatory Period.
Hearings Timeline: Conduct of jurisdictional, expository, evidentiary, and clarificatory hearings amended to three (3) to seven (7) months before the start of the Regulatory Period.
Reset Application Deadlines: Second Entry Group—01 April 2026; Third Entry Group—01 October 2026; Fourth Entry Group—01 April 2027.
Compliance Obligation: PDUs must comply with the amended timelines for AWAT and Reset Applications as specified.
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ERC Resolution No. 01, Series of 2026
Detailed policy analysis
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Tags: AWAT Application, Reset Application, PBR Timelines, Distribution Utilities, Deadline Extension, OEDC Exemption