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Press Release - Gatchalian to ERC: Demand refund if Visayan Electric's charges are unjustifiable

Press Release
Gatchalian to ERC: Demand refund if Visayan Electric s charges are unjustifiable
Senator Win Gatchalian said a refund should be in order if it will be proven that a violation has been committed by the Visayan Electric Company (VECO) because of its high cost of electricity.
Gatchalian took note of the January 4, 2021 directive issued by the Energy Regulatory Commission (ERC) to VECO demanding an explanation on the high cost of electricity specifically citing that from January to October 2020, the power purchases made from Cebu Private Power Corp. (CPPC) averaged at Php35.3853 per kilowatt hour (kWh), with generation rate spiking significantly high at P1,470.90 per kWh for the month of September last year. ....

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Refund should be made to consumers if electric firm's rates not justified — Gatchalian – Manila Bulletin

Sen. Sherwin Gatchalian(Senate of the Philippines / MANILA BULLETIN FILE PHOTO)
Gatchalian, chairman of the Senate energy committee, took note of the January 4, 2021 directive issued by the Energy Regulatory Commission (ERC) to VECO demanding an explanation on the high cost of electricity. The directive cited that from January to October 2020, the power purchases made from Cebu Private Power Corp. (CPPC) averaged at P35.3853 per kilowatt hour (kWh), with generation rate spiking significantly high at P1,470.90 per kWh for the month of September last year.
“Kung mapapatunayan na hindi makatwiran ang singil ng VECO, dapat ibalik nila ang binayad ng mga kunsyumer. Mandato ng ERC na protektahan ang interes ng publiko lalo na kung may pang-aabuso ngang nagawa,” Gatchalian said. (If it is proven that the VECO electricity rate is not justified, it is but right that it refunds the payments made by consumers. It is the mandate of ERC that it protects the interest of the publ ....

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