ERC Resolution No. 21, Series of 2026 – Amended Entry Groups for PBR Under RRDWR
ERC amended the composition of entry groups under the Performance-Based Regulation for privately-owned distribution utilities, affecting regulatory timelines and rate-setting processes to accommodate operational circumstances and project commitments.
7/7/20263 min read
SUMMARY
WHAT IT IS
This resolution amends the composition of entry groups under Appendix "C" of the Rationalized Rules for Setting the Distribution Wheeling Rates (RRDWR) for privately-owned distribution utilities (PDUs) under Performance-Based Regulation (PBR), updating group assignments and regulatory period schedules.
Privately-owned Distribution Utilities (PDUs) under PBR, specifically those listed in the revised entry groups.
WHO IS AFFECTED
KEY DEADLINES
Takes effect immediately after publication in a newspaper of general circulation or the Official Gazette.
Reset Application deadlines: Second Entry Group – April 1, 2026; Third Entry Group – October 1, 2026; Fourth Entry Group – April 1, 2027.
Regulatory periods: First Entry Group (July 1, 2026–June 30, 2030); Second Entry Group (Jan 1, 2027–Dec 31, 2030); Third Entry Group (July 1, 2027–June 30, 2031); Fourth Entry Group (Jan 1, 2028–Dec 31, 2031).
SCPC’s deferred Reset Application deadline: on or before January 1, 2030.
TAKEAWAY
Affected PDUs must note their updated entry group assignments and comply with the new regulatory period schedules and Reset Application deadlines as prescribed.
KEY POINTS
Amends Appendix "C" of the Rationalized Rules for Setting the Distribution Wheeling Rates (RRDWR) for Privately-Owned Distribution Utilities (PDUs) under Performance-Based Regulation (PBR).
Revises the composition of the four (4) Entry Groups of PDUs subject to PBR, with specific utilities assigned to each group.
Updates the First Regulatory Periods for each Entry Group as follows:
First Entry Group: July 1, 2026 to June 30, 2030
Second Entry Group: January 1, 2027 to December 31, 2030
Third Entry Group: July 1, 2027 to June 30, 2031
Fourth Entry Group: January 1, 2028 to December 31, 2031
Sets deadlines for filing Reset Applications:
Second Entry Group: April 1, 2026
Third Entry Group: October 1, 2026
Fourth Entry Group: April 1, 2027
Approves the transfer of Subic Enerzone Corporation (SEZ) to the Third Entry Group, and Visayan Electric Company (VECO) and Shin Clark Power Corporation (SCPC) to the Fourth Entry Group.
Grants SCPC's request to defer its Reset Application filing to the Second Regulatory Period filing window, on or before January 1, 2030.
Covered entities are privately-owned distribution utilities listed in the revised Entry Groups.
Compliance obligations include adherence to the revised groupings, regulatory periods, and filing deadlines for Reset Applications.
Resolution takes effect immediately upon publication in a newspaper of general circulation or in the Official Gazette.
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ERC Resolution No. 21, Series of 2026
Detailed policy analysis
Operational and compliance implications
Stakeholder impact assessment
Risk flags and ambiguities
Suggested next actions
PREMIUM REGULATORY ANALYSIS
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Tags: PBR Entry Groups, Distribution Wheeling Rates, Reset Application Deadlines, Privately-Owned DUs, Regulatory Periods, Group Reassignment