26/05/2026
๐๐๐ผ๐๐ ๐ง๐๐๐๐๐ซ๐๐จ ๐๐๐๐ ๐๐๐๐ช๐ก๐๐ฉ๐ค๐ง๐ฎ ๐๐ญ๐๐๐ก๐ก๐๐ฃ๐๐ - ๐ฝ๐ง๐ค๐ฃ๐ฏ๐ ๐ผ๐ฌ๐๐ง๐ ๐๐ค๐ง ๐๐๐ซ๐๐ฃ๐๐๐ฃ๐ ๐ฉ๐ง๐๐ฃ๐จ๐ฅ๐๐ง๐๐ฃ๐ฉ ๐๐ฃ๐ ๐ง๐๐จ๐ฅ๐ค๐ฃ๐จ๐๐ซ๐ ๐ง๐๐๐ช๐ก๐๐ฉ๐ค๐ง๐ฎ ๐๐ค๐ซ๐๐ง๐ฃ๐๐ฃ๐๐
The Power Sector Assets and Liabilities Management Corporation (PSALM), led by Vice President for Finance Mr. Manuel Marcos M. Villalon II, formally received the Philippine Good Regulatory Principles (PGRP) Regulatory Excellence Bronze Award during the Recognition and Engagement Forum for the Phase II Implementation of the PGRP Recognition and Awards Program (RAP) held on 25 May 2026 at the Transformation Hub, UP Ayala Land Technohub in Diliman, Quezon City.
Out of 14 nominated national government agencies and GOCCs, PSALM emerged as the sole awardee of the prestigious PGRP Regulatory Excellence Bronze Awardโ the highest honor conferred by ARTA during the PGRP RAP Phase 2.
It is noted as well that PSALM is the only energy sector agency included among the nominees, underscoring its distinct role in promoting good governance and policy excellence in the power sector. This award recognizes the Corporationโs exceptional efforts to advance innovation, accountability, and responsiveness in regulatory management, while strengthening transparent, proportionate, and evidence-based governance in public service delivery.
In his acceptance message, Mr. Villalon II expressed PSALMโs gratitude to ARTA, noting that the award affirms the Corporationโs continuing commitment to effective and citizen-centered public service. He emphasized that regulations serve as instruments of public trust and national development, ensuring that the benefits of energy reforms reach all Filipinos.
He underscored PSALMโs mandate in administering the Universal Charge, particularly the Universal Charge for Missionary Electrification (UC-ME), which supports reliable and affordable electricity for off-grid and underserved communities and promotes inclusive countryside development. He also highlighted the Universal Charge for Renewable Energy Developersโ Cash Incentive (UC-REDCI), which provides financial incentives to renewable energy developers in missionary areas, advancing cleaner and more sustainable energy solutions.
Mr. Villalon II likewise reaffirmed PSALMโs commitment to the proper collection, transparent management, and strict utilization of Universal Charge funds. He noted the implementation of Late Remittance Interest Charges (LRIC), an Energy Regulatory Commission-approved mechanism, as part of efforts to strengthen accountability while considering operational realities faced by electric cooperatives, particularly in remote and vulnerable areas.
During the same event, PSALM also received a Certificate of Participation, formally accepted by Mr. Rey Evince R. Valencia, Manager of the Controllership Department, concurrent Acting Manager of the Strategic Communications and Performance Management Office, and Chairperson of the PSALM Committee on Anti-Red Tape (CART).
He highlighted PSALMโs participation in Regulatory Impact Assessment (RIA) trainings, internal capacity-building initiatives, and stakeholder consultations conducted across Luzon, Visayas, and Mindanao to support policy improvement.
He likewise shared institutional best practices, including Enterprise Risk Management (ERM) integration, sustained ISO 9001:2015 certification, and established feedback mechanisms that strengthen service delivery and regulatory responsiveness.
Mr. Valencia also identified key implementation challenges, including the need for stronger RIA capacity, multi-level approvals, and lengthy regulatory timelines. In response, PSALM continues to institutionalize RIA processes, strengthen technical capability, and deepen compliance with the Philippine Good Regulatory Principles framework.
The PGRP Recognition and Awards Program recognizes government agencies that demonstrate excellence in regulatory management and uphold the principles of effective, efficient, and responsive governance in support of the Ease of Doing Business and Efficient Government Service Delivery Act.
