ERC bucks Meralco petition

by Alena Mae S. Flores – June 16, 2016 at 11:15 pm

from Manila Standard Today

The Energy Regulatory Commission asked the Pasig City regional trial court to dismiss the petition filed by power retailer Manila Electric Co. to declare void its issuances on retail competition and open access.

Meralco asked the court on May 27 to issue a temporary restraining order and subsequently a writ of preliminary injunction, enjoining the Energy Department from enforcing Department of Energy Circular 2015-06-0010 and implementing Article I, Sections 2 and 3 of ERC Resolution No. 05, Resolution No. 10 and Resolution No. 11, all Series 2016.

ERC said in its 30-page filing with RTC Pasig Branch 157 that Meralco “had all the chance and opportunity to mitigate probable losses by virtue of the implementation of the RCOA.”

The regulator said Meralco had known since 2006 of the imminent transition from the captive market to the contestable market where customers could choose their own suppliers as these underwent public consultations.