Wholesale Electricity Spot Market
A history of power rate hikes and price rigging
February 12, 2019
Bigger and more increases loom after ERC-approved Meralco hike, IBON warns
March 8, 2017
Research group IBON warned that consumers may face bigger and more rate increases in their electricity bills this summer. The Energy Regulatory Commission (ERC)’s approval of a smaller than petitioned rate hike for the Manila Electric Co. (Meralco) is still warrantless and just a portion of generation costs that the power distributor and its suppliers […]
Repeal EPIRA: PH power rates double in 15 years–IBON
June 9, 2016
Research group IBON said that fifteen years of the Electric Power Industry Reform Act (EPIRA) has only strengthened corporations’ monopoly of the Philippine power industry, and burdened consumers with high power rates. The group, a member of the POWER alliance, said that EPIRA must be repealed. EPIRA or Republic Act (RA) 9136 was enacted in […]