ERC urged to defer power rate hikes

Rep. Dan Fernandez, vice chairman of the House energy committee, also urged the state-run agency to defer the requests while a December 2023 Court of Appeals decision favoring the Manila Electric Co. is pending before the Supreme Court .

He added that it would be “better for the ERC to wait for the SC to render judgment on the controversial case involving the PSAs between Meralco and SMC so as not to preempt or render moot and academic its ruling on the matter.” “While demand for power supply is acute at this time, we also have the responsibility to protect consumers against price gouging. There are ways to meet the demand that will not unduly and unreasonably raise power rates,” Fernandez said.

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