By John Victor D. Ordoñez, Reporter
THE Department of Energy (DoE) on Thursday urged senators to amend the Energy Regulatory Commission (ERC) charter to allow price increases without regulatory approval as long as these fall within a set benchmark or bracket.
This would allow the regulator to do away with the cumbersome approval process that power distributors have complained about, Energy Undersecretary Sharon S. Garin told a Senate hearing looking at changes to the 23-year-old Electric Power Industry Reform Act (EPIRA).
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