MANILA, Philippines – Party-list Trade Union Congress of the Philippines (TUCP), the country’s largest worker’s sectoral party in the Philippines, has criticized the Energy Regulatory Commission (ERC) for recently allowing Meralco to impose a rate increase of 26.90 centavos per kilowatt-hour which it said will add to the burdens of consumers in Metro Manila.
Meralco’s newest rate hike was based on the so-called “performance-based rate setting” that was approved by ERC.
“The so-called performance-based regulation scheme just gave Meralco more freedom to hike their rates with impunity. Under the old ‘return-on-rate base’ methodology, Meralco’s returns were limited to 12 percent. But now, it is ‘sky’s the limit.’ Because of the impotence of ERC, Meralco will bleed the consumers to death,” TUCP Rep. Raymond Mendoza said.
“The ERC has failed the consuming public. It is unable to fulfill its mandate under the law, and because of that, the consumers continue to suffer from increasing costs of electricity,” Mendoza said. -(The Philippine Star)
January – ZERO WASTE MONTH
“Stop wasting our money.
Stop corruption!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
January
24 Jan – International Day of Education
26 Jan – International Day of Clean Energy
Monthly Observances:
National Microinsurance Month
Zero Waste Month
Weekly Observances:
Week 1: National Time Consciousness Week
Week 3: National Mental Health Week
Last Week: Children’s Week
Daily Observances:
January 6: Community Development Day
Third Sunday: Children’s Day
Day of Sanctity and Protection of Human Life
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