RA 9136 EPIRA

ERC stands for?

• Energy Regulations Committee

• Energy Regulatory Commission

• Energy Regulations Commission

Answer explanation

Independent, quasi-judicial regulatory body

These are the qualifications of ERC Board, except:

• natural-born citizens and residents of the   Philippines

• persons of good moral character

• at least forty-five (45) years of age

Answer explanation

According to section 47 of RA 9136, all of these assets under NPC shall be privatized, except:

• SPUG “Small Power Utilities Group” Assets

• generation assets

• real estate assets

• disposable assets

Answer explanation

PSALM shall take

ownership of all existing NPC generation assets, liabilities, IPP contracts, real estate and all other

disposable assets.

The Chairman of the Board of Directors of Power Sector Assets and Liabilities Management (PSALM) Corporation

• President of the PSALM Corporation

• Secretary of the Department of Trade of Industry (DTI)

• Secretary of the Department of Budget and Management (DBM)

• Secretary of the Department of Finance (DOF)

Answer explanation

NEA stands for

• National Electricity Administration

• Natural Electrification Administration

• National Electrification Administration

• National Electrification Admissions

Answer explanation

According to SEC. 57. Conversion of Electric Cooperatives. –Electric cooperatives are hereby given the option

to convert into, except:

• stock cooperative

• stock corporation

• stock company

The chairman of the ERC should be

• member of the Philippine Bar

• professional electrical engineer

• Doctor of Philosophy

WESM stands for

• Wholesale Electricity Stock Market

• Wholesale Electricity Spot Market

• Wholesale Electricity Sport Market