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Any amendment in the Arroyo-era Electric Power Industry Reform Act should result in lower electricity prices for the benefit of consumers who continue to endure high electricity prices, Senator Sherwin Gatchalian said Saturday."We need to be able to provide not just a steady and sufficient supply but also affordable energy for our consumers. Any amendment in the EPIRA law should be geared towards reducing the price of electricity," said Gatchalian.
"ERC plays a critical role in the industry and we want strong provisions in EPIRA that would empower ERC to regulate industry players effectively," Gatchalian said.The lawmaker said that the ERC should have enough power to enforce its mandate of protecting the interest of consumers and its charter should foster independence, transparency, and accountability.
Erc Energy Regulatory Commission Sherwin Gatchalian
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