Samsung Electro-Mechanics Philippines Corp. is calling for a P252.1-million reimbursement, representing the fuel cost recovery adjustment from MPower, Manila Electric Co.’s retail electricity supplier.
SEMPHIL filed a petition for dispute resolution with the Energy Regulation Commission against MPower in relation to their retail electricity supply agreement.
SEMPHIL is seeking the recovery of the FCRA, which it paid under protest to MPower on the ground that said charge is unwarranted under the parties’ RESA.
It said Section 43(u) of the Electric Power Industry Reform Act of 2001 grants the ERC the original and exclusive jurisdiction over all cases involving disputes between and among participants or players in the energy sector.
SEMPHIL signed an RESA with MPower on April 24, 2019. The contract is for a period of three years, starting May 26, 2019, and ending on May 25, 2022. The offer sheet provided a “fixed pricing product” at P3.18 per kilowatt-hour.