NGCP has sought regulatory approval for higher maximum allowable revenues (MAR) in 2013. It has applied for PhP 44.98 billion in MAR for 2013.The approved MAR for 2012 stands at PhP 40.35 billion. The proposal for higher revenues takes into consideration the 2006 consumer price index, the demand for electricity, and the increased use of the transmission lines. Meanwhile, NGCP is also applying for PhP 642.08 million under the Performance Incentive Scheme. If approved, the rates will come into effect from January 2013.
