Stagger power rate increases, ERC urged

Stagger power rate increases, ERC urged

SEN. Sherwin Gatchalian on Tuesday urged the Energy Regulatory Commission (ERC) to mitigate the impact of rising electricity rates by staggering increases, warning that consumers could face another round of “bill shock” in the coming months.Gatchalian issued the appeal following recent rate adjustments by Meralco, which he said were largely driven by foreign exchange fluctuations.The senator cautioned that the spike in electricity bills does not…