House leaders: Power generation companies should explain Meralco rate hike too

House leaders have backed the Supreme Court decision dragging seven power generation companies as defendants in the petition filed against the unprecedented Manila Electric Company (Meralco) power rate hike pending before the High Court.

Speaker Feliciano Belmonte Jr. of Quezon City and House Deputy Majority Leader Sherwin Tugna of Citizens Battle Against Corruption party-list made the stance in light of the High Court’s move to make the seven power generation outfits justify power distributor Meralco’s scheduled P4.15 per kilowatt hour power rate hike—the highest in Philippine history.