Rules for Universal Charge-Environmental Fund Use

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ERC NO. 18, S. 2011: Rules for Universal Charge-Environmental Fund Use

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Title Supreme Court: Rules for Universal Charge-Environmental Fund Use

Law: Erc No. 18, S. 2011

Decision Date: Jun 27, 2011

ERC Resolution No. 18-11 establishes rules for the utilization and disbursement of the Universal Charge-Environmental Charge (UC-EC) to fund watershed rehabilitation and management projects, ensuring compliance with the Electric Power Industry Reform Act of 2001 (EPIRA).

rules and procedures

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Management of UC-EC

NPC tasked with managing the UC-EC under existing arrangements as mandated by Section 34 of the Act.
Management responsibilities include efficient utilization and proper allocation to the environmental fund.

Limitation on Use of Environmental Charge

The environmental portion of UC-EC is strictly limited to watershed rehabilitation and management, prohibiting diversion to other uses.

Petition and Reporting Requirements

NPC must submit annually to ERC petitions for availment of UC-EC funds for watershed projects by March 15 each year as per Implementing Rules and Regulations (Rule 18, Section 4.b).
Beneficiaries must provide PSALM with certified copies of ERC orders confirming entitlement to UC-EC funds.

Role of PSALM in Monitoring

PSALM oversees remittance and disbursement from the Special Trust Fund (STF), ensuring funds are used for intended purposes.
Requires prompt submission of relevant ERC rulings from beneficiaries to monitor disbursement effectively.

ERC's Role in Establishing Procedures

ERC adopts and enforces "Rules and Procedures Governing the Utilization and Disbursements of the Universal Charge-Environmental Charge" to ensure transparency and compliance.
Rules aim to facilitate timely dissemination of information and proper fulfillment of NPC's obligations under the Act.

Effectivity and Publication

The resolution adopting these rules takes effect 15 days after publication in a newspaper of general circulation in the Philippines.
Copies of the resolution to be furnished the University of the Philippines Law Center-Office of the National Administrative Register for official record keeping.

END