Quezon City, Philippines --- (METERING.COM) --- May 30, 2011 - The National Grid Corporation of the Philippines (NGCP) has been granted the authority to be a wholesale electricity spot market metering services provider.
The certificate, which was presented by Energy Regulatory Commission (ERC) chairperson Zenaida G. Cruz-Ducut, finalizes the provisional authority previously granted to NGCP as metering services provider.
Provision, operation and maintenance of revenue metering facilities are utility functions that the National Transmission Corporation (TransCo) assumed from the National Power Corporation (NPC) as mandated by R.A. 9136, or the Electric Power Industry Reform Act (EPIRA). NGCP, the private concessionaire of the transmission network since 2009, then became the de facto metering service provider of NPC and other energy suppliers for the purpose of billing their energy sales to their customers.
With the operation of the wholesale electricity spot market, NGCP has rehabilitated and upgraded the metering points from the Luzon, Visayas, and Mindanao grids to distribution utilities and other load customers to make these metering facilities market-ready. Meter boxes, back-up meters, and revenue meters for substations are some of the metering structures that have already been replaced and enhanced.
The automated meter data retrieval (AMR) system is also in place to satisfy the requirement of the wholesale spot market for the daily delivery of load profile"type of meter data from all metering facilities.