BAYAN MUNA party-list group on Wednesday asked the Supreme Court (SC) to reconsider its decision upholding a 2013 approved rate hike application of P22.6 billion by Manila Electric Co. (Meralco). READ:
In a 37-page motion, the group said the Energy Regulatory Commission abused its discretion when it approved the “highest power hike in history.”
Under the latest High Court decision, Meralco is allowed to implement an additional charge of P4.15 per kilowatt hour, SC Associate Justice Amy C. Lazaro-Javier said in her separate dissenting opinion. The distributor is also tasked to “protect the public interest as it is affected by the rates and services of electric utilities of electric power.”
Bayan Muna noted that the ERC neglected its duty to protect the consumers from unreasonable prices of electricity.
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