Electricity consumers, individually or in groups, whose peak demand is at least 500 kilowatts (kW) may choose to buy energy from retailers other than the incumbent distributor in their area starting Feb. 26, 2021.
This will be possible, but on a voluntary basis, as the Energy Regulatory Commission (ERC) has issued a resolution that gives the green light for the third-phase implementation of the Retail Competition and Open Access (RCOA) program.
RCOA is intended to realize the intention of the Electric Power Industry Reform Act (Epira) to promote competition and ensure the successful restructuring and modernization of the electric power industry.
“The expansion of the RCOA covera…
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