MANILA – The House of Representatives Committee on Energy postponed its investigation into the increase in electricity rates that was scheduled for Wednesday.
This, after investigators of the alleged collusion of power generators that led to the hike in electricity rates missed their own deadline to submit a report to the House of Representatives.
House Energy Committee Chair Reynaldo Umali said the investigation report from the Department of Energy (DOE), Energy Regulatory Commission, and Philippine Electricity Market Corporation has not been submitted to them, and no reason was given.
"First time we tasked them to report and they failed to submit. Reportedly, they said they will complete their investigation and report on December 30 and then January 6, 2014," Umali said.
In a previous hearing, the DOE told the House panel that they are looking into the possibility that there was collusion among power generators to undertake unscheduled plant shutdowns alongside the scheduled shutdown of the Malampaya gas fields.
The shutdowns forced the distribution utilities to use more expensive fuel in power generation.