The United Filipino Consumers and Commuters (UFCC) and Freedom from Debt Coalition (FDC) called for the immediate dismantling of Performance Based Regulation (PBR) and adoption of a modified Return on Rate Base (RORB) for setting electricity rates, to reduce power rates and mitigate excessive utility profits.
Romeo Junia presented the group’s position paper at a public consultation conducted by the Energy Regulatory Commission (ERC) on the petition of Matuwid na Singil sa Kuryente (MSK) to repeal PBR and restore RORB.
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