Consumer group Laban Konsyumer Inc. lauded the recent announcement of power rate decrease by Manila Electric Co., as rates dropped in February by 59 centavos per kilowatt-hour, making it the lowest in two years.
This is the second straight month of power rate reduction, amounting to P1 per kWh in the past two months cumulatively.
The group is thankful that this brings down power prices and the generation charge bill component significantly to the great benefit of consumers.
Laban Konsyumer also welcomed the outcome of Energy Regulatory Commission’s decision to reduce to 4 centavos per kWh the feed-in-tariff allowance in the electric bills being paid for by Filipino consumers.
“We hope that our participation as consumer advocate helped tip the scales regarding this decision by the regulator. This emphasizes our primary advocacy through timely petitions filed to the commission,” said Laban Konsyumer president Vic Dimagiba.
The group said it was waiting for the pending action and decision for the disclosure of the grid operating maintenance program “especially as we enter the summer months and the high temperatures usually lead to plant shutdowns and thinning power supply.”