BAGUIO CITY: The Department of Energy (DOE) recognized anew BENECO’s compliance to Retail Competition and Open Access (RCOA) requirements.
DOE’s award is in recognition of BENECO’s “full compliance with reportorial requirements of the DOE Circular No. 2013-05-0006 Enjoining all Generation Companies, Distribution Utilities (DUs), Suppliers and Local Suppliers to Ensure an Effective and Successful Transition Towards the Implementation of Retail Competition and Open Access (RCOA) for the year 2021.”
The same award was given to BENECO last year for year 2020.
Distribution utilities like BENECO are required by DOE to submit comprehensive reports pertaining to retail completion and open access mostly about customers and power supply requirements, explained Engr. Olive Bete Executive Services and Regulatory Compliance Officer of BENECO.
Under DOE Circular No. 2013-05-0006, the “DUs are required to provide services and perform its (sic) obligations in a non-discriminative manner over its franchise area; submit quarterly report to the DOE on the development of contestability within its franchise area; and quarterly operational report detailing among others the segregated sales to captive and CCs within each franchise area, and activities undertaken as the default Suppliers of Last Resort (SOLR). By Laarni Ilagan