TODAY'S EDITORIAL: CA decision on power rate hike a burden for consumers
WE agree with the view of President Ferdinand Marcos Jr. and Energy Secretary Raphael Lotilla that the recent Court of Appeals issuance of a temporary restraining order against the Energy Regulatory Commission's ruling on the rate hike petition by San Miguel Global Power was a mistake that will burden hard-pressed consumers, and should be reversed.Last September 29, the ERC denied a joint petition by the San Miguel Corp. power unit and Manila Electric Co.
President Marcos' reaction was to express polite criticism of the CA, calling on the court to reconsider the 'unfortunate' decision, noting that it would impose higher energy costs on consumers already contending with higher prices for most basic goods and services.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Marcos: Honor Bonifacio by being 'dutiful, law-abiding citizens''Sikapin natin na maging pinakamahusay na uri ng ating mga sarili,' says President Ferdinand Marcos Jr.
Read more »
Marcos, Duterte garner high trust, performance ratings – surveyPRESIDENT Ferdinand 'Bongbong' Marcos, Jr. and Vice President Sara Duterte-Carpio garnered high trust and performance ratings in October, according to a survey commissioned by OCTA...
Read more »
Marcos to sign EO for ease of doing business in PH – PalacePRESIDENT Ferdinand 'Bongbong' Marcos Jr. will sign an executive order (EO) to promote ease of doing business in the country as his administration targets to make the Philippines a...
Read more »
Marcos hoping too see rice prices go down as Christmas draws nearPresident Ferdinand "Bongbong" Marcos Jr. is hoping that the price of rice will go down in time for the Christmas season.
Read more »
8 out of 10 Filipinos believe PH is heading to right directionAT LEAST eight in every 10 Filipinos believe that the country is headed in the right direction amid the programs of President Ferdinand “Bongbong” Marcos Jr. administration.In...
Read more »
85% of Pinoys in OCTA survey say country on right track under PBBMMajority of Filipinos believe the country is headed in the right direction under the administration of President Ferdinand Marcos Jr., according to the latest survey results released by OCTA Research on Monday. READ:
Read more »