SEN. Risa Hontiveros raised the need to disallow the impending hike in generation charges as she blamed the Department of Energy for the power crisis in some regions.The senator, in a statement on Monday, said the DoE and power companies 'must not pass on the cost of their failures to consumers.''Making consumers pay for the failures of the energy sector sets a bad precedent. The upcoming power rate hike must be disallowed,' Hontiveros said. Sen.
This also caused the cost of electricity to shoot up in the Wholesale Electricity Spot Market which is planned to be passed on by Meralco to consumers at a rate of at least P0.50/kWh in June if staggered or P0.80 to P0.90/kWh in one payment.'They say crisis is opportunity. But power companies should not apply it in running their business and increase their sales by taking advantage of their consumers,' Hontiveros said.