DAVAO Light and Power Company (DLPC) is in talks with Therma South Inc. (TSI) for an emergency power supply agreement (EPSA) to address the impact of spikes in spot market prices. “Because of the City Council’s push to contract more, we’re now talking with TSI to enter into an emergency power supply agreement,” Tia said. Bonguyan stressed that under ERC rules, Davao Light is required to maintain power supply contracts that ensure a stable supply at a reasonable cost for consumers. It can be noted that Davao Light urged the PSALM Corporation to retain the 2025 supply allocation for the electric distribution utility. The utility company sources around 50% of its power supply from the Agus-Pulangi hydropower complex consisting of power plants owned by PSALM.