In the matter of the approval of the Power Supply Agreement (PSA ) between Manila Electric Company and Solar Power Tarlac Corporation. ERC CASE NO. 2019-23 R C
LABAN KONSYUMER INC. filed a Manifestation today , September 10, 2019, to the Energy Regulatory Commission not later than Wednesday , urging a more transparent information to the consumers and avoid misleading information as to the rate impact of the PSA agreement between Meralco and the Solar Power Tarlac Corporation .
The rate impact of the Power Supply Agreement should consider the total distribution capacity of Meralco , its monthly average generation rate as well as the 16% per year escalation starting on the 11th year of the 20 year contract
The rate of the contract is Php 2.3456 pkwh while Meralco's net rate impact is Php 0.005 pkwh as stated in the Application.
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