PCCI backs power-industry reforms, saying they enhance competition, consumer welfare

The Philippine Chamber of Commerce and Industry (PCCI) said it supports the Energy Regulatory Commission’s (ERC) recent reforms to enhance market competition, according to a report by BusinessWorld.

In a statement on Thursday, the group noted the commission’s moves to lower the Retail Competition and Open Access threshold to 100 kilowatts; streamline net-metering requirements; and expand transmission infrastructure access through third-party providers.

The PCCI said these reforms will enhance competition and benefit consumers by providing more choices and potentially lower electricity rates.