Issue of October 23, 2011
     
NEWS
Abra
Benguet
Kalinga
Mt. Province
 
OPINION
 

102nd Baguio Day Anniversary Issue
 
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ERC told Abreco overcharged members with more than P22 M
by Liza Agoot

The Abra Electric Cooperative (Abreco) overcharged consumers in the province by P22,535,410.89.

The National Association of Electricity Consumers for Reforms Inc. (Nasecore) revealed this in a letter to the Energy Regulatory Commission.

Peter Ilagan, who heads the energy consumer group, said that the overcharges were committed for the fiscal years 2005 to 2008.

“The over collection of Abreco is very alarming and it takes this as abuse of market power when Abreco decided to deliberately keep to itself these over collection instead of disclosing these by way of a petition to reduce its current rates but maintaining its approved annual revenues. Especially that Abreco is a non-stock,non-profit organization,” Ilagan wrote in his letter addressed to Zenaida Cruz-Ducot.

He said, “Our finding is based on the Commission’s unbundling decision dated Jan. 14, 2004 under ECR Case No.2001-945 granting Abreco’s annual revenue requirement of P48,905,359 (net of purchased power cost).”

The group said members want to know    whether Abreco complied with the ERC-approved annual requirement, which made the Nasecore study the coop’s 2005 annual reports and compared its ERC-approved annual re-venue requirements against its annual revenues.

The letter added that, “The table shows that Abreco realized an accumulated over collection in the amount of P22,535,410.86 (net purchased power cost) from 2005-2008,” and still needs to look into the 2009 and 2010 reports of Abreco to find out if there were also over collections in the sales. “We urge the ERC to immediately conduct a regulatory audit of Abreco and reduce its rates to stop this over-collection and to immediately direct a refund of this over collection. We fervently hope ERC will swiftly act on this request based on its mandate to protect consumers from unjust and unreasonable rates,” the Nasecore said.


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PWU Baguio
Technical Education & Skills Development Authority – CAR
University of Baguio

Baguio Central University
Baguio Country Club
Benguet Electric Cooperative Inc.
Bureau of Fisheries and Aquatic Resources – CAR
Congressman Ronald M. Cosalan
Department of Health – CAR
Grab
John Hay Management Corporation
National Grid Corporation of the Philippines
New Media Services
Pag–IBIG Fund
Pines City Colleges
Sangguniang Panlungsod
SiTEL

ABC360
Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Water District
Choobi Choobi
Congressman Mark O. Go
Councilor Leandro B. Yangot Jr.
Curamed Pharmacy
Department of Environment and Natural Resources – CAR
Department of Public Works and Highways – CAR
Department of Science and Technology
Fabulo Beauty and Image Salon
Far East Pacific Commercial
Filipino–Japanese Foundation of Northern Luzon, Inc.
Ganza & Solibao Restaurants
Gen. Benjie B. Magalong
GMS Technology
Governor Crescencio C. Pacalso
Maybank
Mayor Mauricio G. Domogan
Mayor Romeo K. Salda
Mother Earth Deli Basket
Nagomi Spa
Narda’s / Sunflower Ridge
NIIT
Northern Luzon School for the Visually Impaired, Inc.
Our Lady of Mt. Carmel Montessori, Inc.
Philex Mining Corporation
Police Regional Office – CAR
Regional Development Council – CAR and National Economic and Development Authority – CAR
Regional Tripartate Wages and Productivity Board – CAR
SN Aboitiz
Tony Boy Tabora
Veterans Bank

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