Tags: EPIRA

Despite virtual monopoly, price-fixing, Meralco paints self as ‘not the bad guy’ in rate hike

In this week’s hearing, Meralco is ostensibly just following rules, and WESM rules have inability to prevent manipulation while the regulator failed to ensure rules do not prejudice Meralco costumers.
Read also: Opposition to Meralco rate hike persists despite 13-cent slash in rates

By Carol Pagaduan-Araullo Streetwise | BusinessWorld In opposing the steep rise in electricity rates charged by Meralco and the generation companies (GenCos) starting December 2013, we need to dig deeper into the why’s and wherefore’s of high electricity rates. The Electric Power Industry Reform Act of 2001 or EPIRA has been setting the neoliberal parameters…

By MARYA SALAMAT Bulatlat.com MANILA – This month, Filipino consumers are being asked yet again to cope with increased electricity rates, spurring protests and renewed calls to scrap the Electric Power Industry Reform Act or EPIRA. The law is being blamed for having allowed electricity rates to increase so much. The Manila Electric Company (Meralco),…