In a significant development within the Philippine energy sector, the Office of the Ombudsman has lifted the preventive suspension of Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta, leading to her reinstatement by Malacañang. This decision, formalized in a memorandum by Executive Secretary Lucas Bersamin, follows the Ombudsman’s determination that the grounds for Dimalanta’s suspension no longer exist.

Dimalanta’s suspension, initiated in September, stemmed from allegations by the National Association of Electricity Consumers for Reforms Inc. (Nasecore). The consumer group accused her of permitting the Manila Electric Company (Meralco) to procure electricity from the Wholesale Electricity Spot Market (WESM) and pass the associated costs to consumers without the requisite ERC approval, purportedly violating the Electric Power Industry Reform Act (EPIRA).

Upon her return, Dimalanta faces the pressing issue of Meralco’s rate reset application. The ERC had previously decided to forego the fifth regulatory period (5RP) for Meralco, effectively maintaining current rates until the following review. This decision has drawn scrutiny from stakeholders, including Senator Win Gatchalian, who expressed concerns that bypassing the rate reset could increase consumer costs.

Addressing these concerns, Dimalanta acknowledged the need to revisit the ERC’s earlier ruling on the 5RP. She emphasized the importance of conducting a thorough rate reset to ensure that Meralco’s charges are fair and reflect current economic conditions. Dimalanta stated that the ERC’s final decision is expected within the year, underscoring the commission’s commitment to transparency and consumer protection.

Dimalanta’s reinstatement and proactive approach to the Meralco rate reset underscore the ERC’s dedication to upholding regulatory standards and safeguarding consumer interests in the Philippine energy sector.