Top Bohol leaders’ intense lobbying has paid off, winning their province’s case against the sudden unconscionable power rate increase.
In its order, the Energy Regulatory Commission (ERC) directed the Philippine Electricity Market Corporation (PEMC) to refund the Boholano electric consumers.
The PEMC operates the Wholesale Electricity Spot Market (WESM).
The Commission promulgated the order after its lengthy deliberation that ended near midnight Thursday, August 1,
“Your name and Gov. Art Yap’s name were prominently mentioned,” ERC Chair Agnes Devanadera texted First District Rep. Edgar Chatto while the decision was about to be approved.
Yap and Chatto had earlier led in arguing in Manila why the Boholanos have to be extortionately charged of their electricity bills just because of others’ wrong computation.
“It was a can of worms that we were able to discover,” the ERC chief told Chatto, obviously referring to the “erroneous” formula of computation which caused the sudden power price spike not just even affecting the electric users in Bohol.
Because of the Boholanos’ act, other power distribution utilities and consumers in the country may also benefit from the ERC order refund approximately amounting to almost P1.8 billion.