MPower, the retail electricity supply arm of Pangilinan-led Manila Electric Co. , continues to find ways to supply the requirements of its customers amid spiraling costs in fuel, coal and gas—a global trend that could trigger the disconnection of power supply to its large customers if no necessary rate adjustments are made.
This after several companies asked the Energy Regulatory Commission to issue temporary restraining orders to prevent their retail electricity suppliers from disconnecting their power supply. The FCRA, which is allowed under its supply contracts with its customers, is a revenue neutral, pass-through charge that goes to generation companies which have been affected by unprecedented increases in global fuel prices, MPower explained.
In separate filings with the ERC, Winsome Development Corp., Taifini Copper & Conductor, Inc., Quanta Paper Corp., Air Liquide Pipeline Utilities Services Inc. – Balamban, Air Liquide Phils. Inc., Air Liquide Pipeline Utilities Services, Inc., Willin Sales Inc., Waltermart Ventures Inc., WJ Global Inc. and California Garden Square Condominium Association Inc.