Watchdog Power for People Coalition on Wednesday backed the move of the Energy Regulatory Commission to appeal before the Supreme Court the ruling that allows the power rate petitions of the power units of San Miguel Corporation .“We welcome the move of the ERC and its chair, Monalisa Dimalanta, to uphold its duty of protecting consumers from the attempt by SMC to profit off the rising price of coal and gas by passing them on to consumers,” P4P convenor Gerry Arances said in a press release.
To recall, the Court of Appeals overturned the ERC's rejection of the power rate hike petitions.The CA 13th Division decided to grant the consolidated petitions of SMC's power units San Miguel Energy Corp. and South Premiere Power Corp. . It annulled and set aside the ERC’s orders dated September 29, 2022 for “grave abuse of discretion amounting to lack or excess jurisdiction.
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Property developer, power distributor ink Iloilo City power supply agreementILOILO CITY – Electric distributor MORE Electric and Power Corp. (MORE Power) and major property developer SM Prime Holdings Inc. (SM Prime) have inked an agreement for stable power supply in this city.
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