Merit Order Dispatch Instructions

In electric power: the dispatch schedule that will be submitted by the Market Operator to the Grid/system operator for the purpose of providing Central Dispatch [Section 4 (ccc), Rules and Regulations to Implement Republic Act No. 9136, Entitled “Electric Power...

Market Fees

In electric power: the charges imposed on all market members by the Market Operator to cover the cost of administering and operating the WESM, as approved by the ERC [Section 4 (aaa), Rules and Regulations to Implement Republic Act No. 9136, Entitled “Electric Power...

Marginalized End-users

In electric power: low-income, captive, household electricity consumers who cannot afford to pay at full cost and have levels of electricity consumption below a threshold level to be determined by the ERC [Section 4 (zz), Rules and Regulations to Implement Republic...

IPP Administrator

In electric power: qualified independent entities appointed by PSALM Corporation who shall administer, conserve and manage the contracted energy output of NPC IPP contracts [Section 4(ff), Electric Power Industry Reform Act of 2001] In electric power: qualified...

Intra- Regional Grid Cross Subsidy

In electric power: an amount embedded in the electricity rates of NPC charged to distribution utilities and non-utilities with higher load factor and/or delivery voltage in order to reduce the electricity rates charged to distribution utilities with lower load factor...

Inter-Regional Grid Cross Subsidy

In electric power: an amount embedded in the electricity rates of NPC charged to its customers located in a viable regional grid in order to reduce the electricity rates in a less viable regional grid [Section 4(dd), Electric Power Industry Reform Act of 2001; Section...

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