Supplier’s charge

In electric power: the charge imposed by electricity suppliers for the sale of electricity to end-users, excluding the charges for generation, transmission and distribution wheeling [Section 4(yy), Electric Power Industry Reform Act of 2001; Section 4 (llll), Rules...

Subtransmission Systems

In electric power: systems comprised of Subtransmission Assets [Section 4 (jjjj), Rules and Regulations to Implement Republic Act No. 9136, Entitled “Electric Power Industry Reform Act of 2001”] Note: Cf. Sub-transmission system.

Stranded Debts of NPC

In electric power: any unpaid financial obligations of NPC which have not been liquidated by the proceeds from the sales and privatization of NPC assets [Section 4(vv), Electric Power Industry Reform Act of 2001] In electric power: any unpaid financial obligations of...

Stock Corporation

In electric power: an artificial being created by operation of law with capital stock divided into shares and authorized to distribute to its shareholders dividends out of its surplus profits, having the right of succession and the powers, attributes and properties...

Stock Cooperative

In electric power: a duly-registered association of Persons with a common bond of interest, who have voluntarily joined together to achieve a lawful common social or economic end, making equitable contributions to the capital required and accepting a fair share of the...

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