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Philippines' net FDI inflows plunge to near 10-year low in April - BusinessWorld Online UP backs rental housing project amid demolition, displacement concerns - BusinessWorld Online Teodoro seeks higher defense spending to bolster maritime security - BusinessWorld Online US tags Pax Silica initiative in Philippines as top priority — DoF - BusinessWorld Online Meralco July power rate rises P0.3428/kWh on higher generation charge - BusinessWorld Online Sandiganbayan rejects Estrada bid to attend Duterte impeachment trial - BusinessWorld Online Bavi, enhanced southwest monsoon to bring heavy rains, strong winds - BusinessWorld Online El Niño, prolonged Middle East war seen keeping Philippine inflation elevated - BusinessWorld Online A decade after Hague win, Filipino fishers still shut out of Scarborough Shoal - BusinessWorld Online DBCC trims revenue goals - BusinessWorld Online Philippines secures $60-M grant from MCC - BusinessWorld Online SM Prime opens P7-billion Cebu arena - BusinessWorld Online Pokémon pop-up store, running event to commemorate 30 years - BusinessWorld Online CTA upholds partial Petron excise tax refunds in twin rulings - BusinessWorld Online BDO eyes at least P5B from sustainability bonds - BusinessWorld Online DMPL cites PHL business, debt restructuring efforts to support continued operations - BusinessWorld Online Cinemalaya 2026 ramps up ahead of return to CCP next year - BusinessWorld Online ICTSI completes Brazil logistics acquisition - BusinessWorld Online Stuff to Do (07/10/26) - BusinessWorld Online BSP still vetting digital banking applicants, official says - BusinessWorld Online PhilWeb partners with Pragmatic Play to expand gaming services - BusinessWorld Online More banks offer free interbank fund transfers - BusinessWorld Online TikTok Shop strengthens beauty discovery with Seoul Glow K-Beauty Campaign - BusinessWorld Online Topline unit, Singapore’s Aesen form offshore services venture - BusinessWorld Online Atome Philippines gets P5-billion credit facility from AUB - BusinessWorld Online Democracy on trial: Why the integrity of impeachment matters - BusinessWorld Online MIC, PNOC study Bataan petroleum storage project - BusinessWorld Online Peso drops further on hawkish Fed, Iran war - BusinessWorld Online Alternergy energizes transmission facilities for Tanay wind project - BusinessWorld Online What Does It Mean to Be Agency of the Year? - BusinessWorld Online Probity due diligence - BusinessWorld Online iPeople, Inc. to hold Annual Stockholders’ Meeting remotely on July 31 - BusinessWorld Online Mynt, Inc. 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PCCI backs power-industry reforms, saying they enhance competition, consumer welfare - BusinessWorld Online
CEDTyClea · 2026-07-09 · via BusinessWorld Online
MOREPOWER.COM.PH

THE Philippine Chamber of Commerce and Industry (PCCI) said it supports the Energy Regulatory Commission’s (ERC) recent reforms to enhance market competition.

In a statement on Thursday, the group noted the commission’s moves to lower the Retail Competition and Open Access threshold to 100 kilowatts; streamline net-metering requirements; and expand transmission infrastructure access through third-party participation.

The PCCI also welcomed the suspension of the Green Energy Auction Allowance, which is expected to provide direct relief to consumers.

“The ERC’s recent reforms reflect a clear commitment to lowering electricity rates and ensuring a reliable, transparent, and competitive power market,” PCCI President Ferdinand A. Ferrer said. 

The group also noted the ERC’s adoption of new rules on off-grid service charges to improve electricity access in underserved communities, as well as the approval of transmission development rules for point-to-point limited projects to boost energy security.

The PCCI also supports the ERC’s publication of generation market share data to enhance transparency, and its efforts to fast-track approval timelines.

PCCI Director for Energy and Power David O. Chua said the ERC’s measures are both pro-consumer and pro-industry.

“By expanding access, streamlining processes, and safeguarding competition, the ERC is laying the groundwork for a stronger and more sustainable energy future,” he said.

The ERC is a quasi-judicial body tasked to ensure reliable power services, enforce industry regulations, and handle consumer complaints.

Separately, consumer advocacy Power for People Coalition called on the ERC to conduct a comprehensive audit of electricity billing practices within the franchise areas of the Manila Electric Co. (Meralco) in the face of reports of unusual spikes in customers’ electricity bills.

In a statement on Thursday, the group noted that households in Metro Manila and nearby provinces reported that their electricity bills  nearly tripled despite little or no significant change in their power consumption.

The ERC can conduct random independent testing of electricity meters, review bill computation methodologies, and examine all pass-through charges imposed on consumers, the group said.

“Families already burdened by rising food prices, transportation costs, and stagnant wages are now forced to shoulder electricity bills they can barely afford,” they said.

The group also called on Meralco to adopt a “transparent and independent accounting of every peso reflected in consumers’ monthly bills.” — Beatriz Marie D. Cruz