POWER INDUSTRY

In 2001, the Government enacted Republic Act No. 9136, otherwise known as the EPIRA, which set out major reforms for the industry with the goal of full privatization. The EPIRA set out to increase competition in the electricity industry, as well as to attract more private sector investment to achieve a more efficient delivery of electricity to end-users. To achieve this, it mandated the organization of the Philippine electric power industry into four segments: Generation, Transmission, Distribution and Supply.

The following chart illustrates the restructuring of the energy industry contemplated by the EPIRA.

Electricity Sector Reform