7 KILLED, HUNDREDS INJURED AS STRONG QUAKE HITS SULAWESI, INDONESIA
VATICAN: POPE FRANCIS, FORMER POPE BENEDICT BOTH GET COVID-19 VACCINE
AUSTRALIA REBUKES GOOGLE FOR BLOCKING LOCAL CONTENT
JAPAN TO BAN ENTRY OF FOREIGN ATHLETES TO TRAIN AHEAD OF SUMMER OLYMPICS
BIDEN INAUGURATION WILL FEATURE DIVERSE PERFORMANCES INCLUDING LADY GAGA, JENNIFER LOPEZ
COURT ORDERS ARREST OF COPS ACCUSED OF KILLING ARMY MEN IN JOLO
THE PANDEMIC SLAMS PHL VEHICLE SALES IN 2020
CHESS PLAYER WESLEY SO BAGS P11.8M, JOINS WORLD’S TOP ESPORT EARNERS
ZSA ZSA PADILLA FINALLY VISITS THE GRAVE OF ‘COMEDY KING’ DOLPHY AGAIN
DUTERTE: PRESIDENCY JOB NOT FOR A WOMEN

GATCHALIAN SAYS PENALTIES IMPOSED BY ERC ON MERALCO ‘REASONABLE’

6 months ago | Local Business News | 0 comments

By Xai Reyes

Senator Sherwin Gatchalian said on Sunday that the penalties imposed by the Energy Regulatory Commission (ERC) on the Manila Electric Company (Meralco) over the sudden spike in their customers’ electric bills were “reasonable.”

Gatchalian, who chairs the Senate Committee on Energy, said the penalty on Meralco was almost equivalent to P300 million, as it included the discounts that would be given to the utility company’s “lifeline” customers, or those who consume 100 kWh and less.

The ERC had slapped a P19-million fine against Meralco for its alleged violations on advisories issued by the regulator during the community quarantine period starting in March until July, particularly the company’s “failure to clearly indicate that the bills were estimated” and “failure to comply with the mandated installment payment arrangement.”

Meralco Head for Regulatory Management Atty. Jose Ronald Valles said the distribution utility “will study the order, and we will file the appropriate pleading after consultation with our lawyers.”

But Gatchalian said there was no need for Meralco to study the order as it was already in the ERC resolution.

0 Comments

Submit a Comment

Your email address will not be published.

Social Media