Senator hits power oversupply contracts

“The consumers will then be charged for that [over-contracting] of 500 MW of electricity,” Gatchalian said in a radio interview.

The directors and officials of electric cooperatives and distribution utilities must also be reminded that it is illegal for them to engage in such practice, according to the senator. In addition, he said the ERC should examine the PSAs that it recently disapproved as he suspected that some of these contracts involved over-contracting and over-charging.Meanwhile, Gatchalian said he was optimistic that the country would not experience red and yellow alerts this year as the National Grid Corp. of the Philippines had assured them that it had enough reserve energy to compensate for the possible drop in power production and spike in energy consumption.

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