Ceneco: Only ERC
can stop add'l rates
BY ADRIAN NEMES III
Only the Energy Regulatory Commission can stop Central Negros Electric Cooperative from collecting an additional P0.0457 per kilowatt hour according to its settlement agreement with the Panay Energy Development Corp., CENECO President Arnel Lapore, said yesterday.
Lapore was reacting to the motions filed by lawyer Vicente Petierre III and Councilor Archie Baribar asking the ERC to reverse its decision and dismiss the settlement agreement between CENECO and PEDC on the P192 million debt the utility firm owes the power supplier.
Lapore said that, while they respect the decision of Petierre and Baribar who are representing the Bacolod Diocese Social Action Center and the Bacolod City Council, respectively, to file the petition, they cannot stop collecting the additional P0.0457 in the power rates.