posted June 16, 2016 at 11:15 pm by Alena Mae S. Flores
The Energy Regulatory Commission
asked the Pasig City regional trial court to dismiss the petition filed by
power retailer Manila Electric Co. to declare void its issuances on retail
competition and open access.
Meralco asked the court on May 27 to
issue a temporary restraining order and subsequently a writ of preliminary
injunction, enjoining the Energy Department from enforcing Department of Energy
Circular 2015-06-0010 and implementing Article I, Sections 2 and 3 of ERC
Resolution No. 05, Resolution No. 10 and Resolution No. 11, all Series 2016.
ERC said in its 30-page filing with
RTC Pasig Branch 157 that Meralco “had all the chance and opportunity to
mitigate probable losses by virtue of the implementation of the RCOA.”
The regulator said Meralco had known
since 2006 of the imminent transition from the captive market to the
contestable market where customers could choose their own suppliers as these
underwent public consultations.
No comments:
Post a Comment