QUEZON City, Philippines (Eagle News) — A celebration-list consultant is asking the commissioners of the Energy Regulatory Commission (ERC) to resign as a consequence of quite a few accusations of graft and corruption.

House Committee on Energy Senior Member and Bayan Muna Representative Carlos Zarate is difficult the ERC commissioners to step down due to varied irregularities involving the fee when he’s investigating.

“One of the most controversial among these deals is the midnight deal on seven (7) power supply agreements (PSA) of Meralco-affiliated power generation companies which would largely benefit Meralco,” he stated.

Zarate, who’s investigating the alleged irregularities within the bidding for energy contracts, identified that anomalies and problems with graft and corruption in opposition to ERC personnel resulted within the suicide of ERC Director Francisco Villa Jr.

He additionally stated that as a result of extension of the deadline requiring aggressive bidding within the energy provide agreements (PSA) of distribution utilities (DUs), the regulatory fee has didn’t safeguard the welfare of its electrical energy customers.

“As it is, they have failed to safeguard the welfare of electricity consumers and power rate hikes are not being stopped by the ERC,” Zarate stated.

Zarate stated Congress is now investigating the anomalies within the ERC, and is learning payments to interchange the onerous Electric Power Industry Reform Act (EPIRA).

“The ERC should be manned by people with integrity and competence to protect consumers,” he stated.


Source: eaglenewsph