The Energy Regulatory Commission (ERC) has announced a temporary suspension of power disconnections for customers with unpaid electricity bills until July. This directive affects all power distribution utilities, including the Manila Electric Company (Meralco).
The ERC's decision comes in light of escalating oil prices linked to geopolitical tensions in the Middle East, particularly following military actions involving the United States and Israel.
In an advisory, the ERC emphasized the urgency of this measure, citing potential threats to the stability of the country’s energy supply.
Flexible Payment Options Introduced
To further assist customers, the ERC has mandated that power distributors offer flexible payment plans. Households consuming 200 kilowatt hours or less can pay their bills in three installments.
This directive also extends to generation companies and other related entities, ensuring a unified approach to easing financial burdens on consumers.
Meralco, the largest power distributor in the Philippines, raised its rates for the third consecutive month in April. The company serves over 8.2 million customers in Metro Manila and nearby provinces.
The ongoing geopolitical issues present an imminent danger to the availability and stability of the country’s energy supply.
ERC Advisory
Despite recent fuel price rollbacks, local oil retailers have increased prices again due to ongoing uncertainties, adding to the financial pressure on consumers.