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Manila Bulletin devider Philippines devider National devider Solon tells ERC, Meralco to offer more refunds; calls for unbundling of fuel prices

Solon tells ERC, Meralco to offer more refunds; calls for unbundling of fuel prices

Published Jul 13, 2022 12:57 pm

Bagong Henerasyon (BH) Party-list Rep. Bernadette Herrera has called on the Energy Regulatory Commission (ERC) and the Manila Electric Company (Meralco) to offer more refunds and rebates to consumers, on top of the long-sought unbundling of fuel prices.

“If there are any more refund or rebate matters pending before the ERC, I request the ERC to expedite, please. Given these times of elevated inflation, more refunds and rebates would certainly be welcome,” Herrera said on Wednesday, July 13.

This, after the ERC ordered Meralco to refund P21.769 billion in energy costs to consumers, resulting in lowered Meralco billing rates for the month of July.

Read more here: https://mb.com.ph/2022/07/11/refund-pulls-down-meralco-rates-in-july-billing/

Herrera then echoed the call to unbundle fuel prices, which she says would protect consumers from added costs being passed on to them.

“ is one more way to protect consumers and businesses from incorrect passing on of costs to them. Verifiability, auditability, and proper disclosure must be the transparency standards applied also on fuel prices,” she continued.

“Fuel prices' impact on electricity rates could be addressed better if fuel prices are unbundled to reflect the detailed components of fuel costs,” she concluded.

Read more here: https://mb.com.ph/2022/06/13/marcos-govt-urged-to-pursue-legislation-on-fuel-cost-unbundling/

Related Tags

ERC Meralco Energy Regulatory Commission fuel prices Unbundling Refund bagong Henerasyon bernadette herrera
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