December 28, 2013
Reference: ACT Teachers Rep. Antonio Tinio (0920-9220817)
We are aghast and dismayed at the statement made by Department of Energy Secretary Carlos Jericho Petilla urging Meralco to appeal the 60-day TRO issued by the Supreme Court.
Petilla made the call reportedly due to concerns that Meralco will have to resort to borrowing to pay their energy suppliers, the interest on which would be passed on to consumers.
Such line of reasoning reveals that Petilla himself considers the rate increase to be legitimate and above board, when it is in fact the subject of an ongoing investigation by the DOE. Petilla has therefore preempted his own investigation and exposed it as a sham with a predetermined conclusion.
Furthermore, Petilla is preempting the Supreme Court itself, which is yet to rule on the petitions questioning the constitutionality of the unprecedented rate hike.
With this statement, Petilla has revealed his true colors as an apologist for Meralco and the handful of players that dominate the power industry. For millions of ordinary Filipino consumers already reeling from some of the highest power rates in the world, this is the last thing they need.#