Former Bayan Muna Party-list Rep. Neri Colmenares stressed Tuesday, December 20 that the impending shutdown of the Malampaya natural gas facility doesn’t give a logical reason for a power rate hike.
“The rate increase is unjustified because Malampaya and the gencos should not be allowed to shutdown yearly to the detriment of the people,” he said in a statement.
“With 11201 megawatt (MW) supply and a demand of 7541 MW in Luzon there is more than enough to cover the 2800 MW loss due Malampaya shutdown. The 3660 surplus is more than enough to cover the loss,” underscored the former politiko.
Malampaya is scheduled to undergo a 20-day maintenance shutdown from January 28 until February 16.
It is feared that the event would lead to a repeat of the 2013 debacle wherein electricity rates shot up significantly due to a similar shutdown.
However, Meralco and the Department of Energy (DOE) have told electricity customers that they will try to avert the possibility of power rate hikes.
“We urge the Supreme Court to resolve our petition to void the 2013 rate increase because of market abuse by gencos and Meralco. We also demand that the ERC (Energy Regulatory Commission) publish its report on the 2013 Malampaya shutdown and penalizes gencos for overpricing rates and overcharging consumers,” Colmenares said.