- Providing Supplemental Policies to Empower the Contestable Customers under the Regime of Retail Competition and Open Access and Ensure Greater Competition in the Generation and Supply Sectors of the Philippine Electric power Industry
WHEREAS, Section 2 of the Republic Act No. 9136, otherwise known as "The Electric Power Industry Reform Act of 2001" (or EPIRA), declared the Policy of the State to, among other things to:
(a) Ensure the quality, reliability, security and affordability of the supply of electric power;
(b) Ensure transparent and reasonable prices of electricity in a regime of free and fair competition and full public accountability to achieve greater operational and economic efficiency and enhance the competitiveness of Philippine products in the global market; and
(c) Protect the public interest as it is affected by the rates and services of electric utilities and other providers of electric power.
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