Universal Charge

In electric power: the charge, if any, imposed for the recovery of the stranded cost and other purposes pursuant to Section 34 hereof [Section 4(ddd), Electric Power Industry Reform Act of 2001] In electric power: the charge, if any, imposed for the recovery of the...

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...

Murang Kuryente Act

In power and oil and gas exploration: Republic Act No. 11371, An Act Reducing Electricity Rates by Allocating a Portion of the Net National Government Share from the Malampaya Natural Gas Project for the Payment of the Stranded Contract Costs and Stranded Debts [See...

Net production proceeds

In power and oil and gas exploration: the balance of gross proceeds from Service Contract 38 after deducting the Filipino Participation Incentive, if any, and all operating expenses pursuant to Section 8(1) of Presidential Decree No. 87, otherwise known as “The...

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