MANILA, Philippines — Sen. Panfilo Lacson has sought an inquiry on the continuing increase in electricity rates and the "bill shock" experienced by consumers.
He filed on Monday Resolution 511 urging the Senate to conduct an inquiry in aid of legislation to strengthen transparency, accountability and consumer protection in the power industry.
"While fluctuations in electricity prices may be attributed to supply constraints due to geopolitical tension, higher generation costs, foreign exchange rates, mandatory charges, and other market factors, it is incumbent upon the legislature to exercise its oversight function to determine whether existing regulatory mechanisms effectively protect consumers from excessive, unreasonable, or avoidable increases in electricity charges," Lacson said.
