ERC urged to junk motion of 3 firms to get out of power deal

MANILA, Philippines --- The Energy Regulatory Commission (ERC) should dismiss the joint motion filed by three leading power corporations to relieve them from their power supply agreements that set a fixed cost of electricity, the United Filipino Consumers and Commuters (UFCC) said ina statement on Saturday. The three corporations --- Manila Electric Co. (Meralco), South Premier Power Corp. (SPPC), and San Miguel Electric Corp. (SMELC) --- filed the motion in a hearing conducted by the ERC on June 9. "This appeal filed by three giant corporations before the Energy Regulatory Commission is alarming as they want to junk the sacred agreement that gives protection to their consumers...

Keep on reading: ERC urged to junk motion of 3 firms to get out of power deal

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