PECO bucks ERC’s findings of operational lapse

PANAY Electric Co. (PECO) refuted the Energy Regulatory Commission’s (ERC) recent order to explain operational lapses in providing electricity services to Iloilo City.

“We will be communicating our clarification point-by-point in a letter that we will be sending to the ERC very soon,” PECO said in a statement on Thursday, adding several “valid points” discovered by the agency’s inspection team were not taken into consideration before promulgating the order.