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Watchdog backs ERC on Meralco case

THE watchdog group Power for People Coalition (P4P) expressed its support for the Energy Regulatory Commission (ERC) in appealing before the Supreme Court the decision of the Court of Appeals (CA) reversing the commission's ruling disallowing power firms from raising their rates.

'We welcome the move of the ERC and its chair, Monalisa Dimalanta, to uphold its duty of protecting consumers from the attempt by San Miguel Corporation (SMC) to profit off the rising price of coal and gas by passing them on to consumers,' said P4P convenor Gerry Arances.