ADVERTISEMENTBased on ERC’s results from its investigation, PECO failed to replace or conduct good maintenance on its utility’s aged distribution assets. “These seem to confirm what the Bureau of Fire Protection reported and what Mayor Jerry Treñas complained about before the ERC,” Baronda said. Meanwhile, Former Parañaque Rep. Gus Tambunting lauded the Supreme Court for issuing a temporary restraining order against a lower court order that would have halted the takeover of More Electric and Power Corp. (MORE Power) on PECO’s assets and distribution. The high court issued the TRO against the decision of Mandaluyong City Regional Trial Court (RTC) that ruled as unconstitutional the provision in the franchise law granting MORE Power’s expropriation of PECO’s assets and facilities. Tambunting said the restraining order is a vindication of the law that allowed franchise as Iloilo City’s distribution utility to MORE Power.

Source: Philippine Daily Inquirer December 08, 2019 02:26 UTC