CA rules in favor of San Miguel units’ rate hike

By Alena Mae S. Flores

THE 13th Division of the Court of Appeals nullified and set aside the order of the Energy Regulatory Commission rejecting the temporary rate hike petition filed by San Miguel Corp.’s energy subsidiaries last year.

SMC said in a disclosure to the Philippine Stock Exchange Wednesday the CA annulled the ERC order dated Sept. 29, 2022 in ERC Case No. 2019-081 and ERC Case No. 2019-083 “for having been issued with grave abuse of discretion amounting to lack or excess of jurisdiction.”

SMC said it received, through Poblador Bautista Reyes Law Offices, the counsel of San Miguel Energy Corp. and South