Laws before EPIRA

PD 40
EO 215
RA 6957
RA 7648
RA 7718

Goals of the EPIRA

Minimize the government financial exposure to the power industry

Promote capital investment in the industry to meet projected increases in the
demand for power
Promote competition and efficiency in the industry in order to reduce power
rates
To improve nationwide electrification

Mechanisms

Competition in generation sector & supply sector

Focused regulation on transmission sector & distribution sector
Privatization of NPC generation and transmission assets
Retail competition