8 years later, Meralco wins rate hike case in Supreme Court

Indonesia Berita Berita

8 years later, Meralco wins rate hike case in Supreme Court
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The effect of the ruling – whether Meralco can now collect these additional charges – is still unclear. READ:

MANILA, Philippines – In a narrow 6-5 vote, the Supreme Court upheld a December 2013 rate hike by the Manila Electric Company that sought to charge from its consumers P22.64 billion in recovery costs.

The effect of the ruling – whether Meralco can now collect these additional charges – is still unclear. “A financial burden like this, once Meralco imposes this new power rate hike – on top of the already high electricity rates – may already break the Filipino consumers’ back,” said Zarate. In the decision penned by Associate Justice Jhosep Lopez, the Court upheld the December 9, 2013 ERC order, saying the commission “acted within the confines of its regulatory powers and cannot therefore be said to have acted with grave abuse of discretion.”, wanted to declare the ERC December 2013 order null and void for not doing due investigation into whether Meralco’s computation – or if its basis for additional charges – was even proper.

The majority opinion cited the AGRA rules or the guidelines for the automatic adjustment of generation rate and system loss rates. Concurring with Justice Jhosep Lopez were Associate Justices Ramon Paul Hernando, Rosmari Carandang, Henri Jean Paul Inting, Mario Lopez, and Samuel Gaerlan.

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