President Ferdinand Marcos Jr., in his State of the Nation Address (SONA) 2026, outlined several key energy priorities, including the proposed removal of the system loss charge through amendments to the Electric Power Industry Reform Act (EPIRA), as reported by Philstar Biz.
The President also announced a significant expansion of power generation capacity, targeting up to 10,000 megawatts from over 200 mostly renewable energy projects. This move aligns with the government's push for cleaner energy sources and aims to address the country's growing power demand. Additionally, Marcos affirmed the development of indigenous oil and gas resources and reiterated support for nuclear energy as part of the long-term energy mix.
Energy stakeholders expressed cautious optimism regarding the proposed EPIRA amendment, noting that removing the system loss charge could lower electricity costs for consumers. However, details on the amendment's timeline and legislative process remain unclear. The administration is expected to submit the bill to Congress in the coming months.