ERC must be strong and independent


By Rose de la Cruz



After the House committee on energy concluded its deliberation on a bill seeking to abolish the Energy Regulatory Commission, another bill which seeks to strengthen it is being pushed by Rep. Carlos Roman Uybarreta of 1-CARE partylist.


He said he believes that ERC should be a strong and independent regulatory body to oversee the erngy sector, as mandated by the EPIRA law.


As vice chair of the committee on energy, he said,  the ERC must be manned by experts.


Its abolition may not necessarily be the better route as against further empowerment of the ERC to ensure it fulfills its mandate, he stressed.


Currently, the House Committee on Energy, just concluded its initial deliberation on a bill which seeks to abolish the ERC and another bill which seeks to strengthen it.


He said he believes that whatever action that the House may take, it is important to have a strong and independent regulatory body that will serve as a check and balance on the energy sector.


Our major concern here is to rehabilitate and to restore the integrity and accountability of ERC as an independent body to ensure and to protect the rights of the consumers and stakeholders, he emphasized.


The ERC may have suffered from controversies just recently but we hope to see major changes under the leadership of Chair Agnes Devanadera.


During the meeting conducted by the House Committee on Energy, Devanadera presented the reforms that the ERC is undertaking to restore the integrity of the ERC. The reforms aim to improve transparency, accountability as well as efficiency of the agency.


I hope that we retain a strong and independent regulatory body to protect the interests of the consumers while keeping the confidence of the investors, he said.


The ERC must be predominantly one of experts.


Perhaps, the ERC can be elevated to the status of the Bangko Sentral as an independent regulator. These are options Congress can consider as it deliberates on the bills about the ERC.





























































































































































































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Thursday, 24 January 2019
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