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The Energy Regulatory Commission (ERC) on Friday said firms claiming that they cannot remove the system loss charge due to possible bankruptcy are painting a doomsday scenario.
During his fifth State of the Nation Address, President Ferdinand Marcos Jr. demanded to remove the system loss charge in consumers’ energy bills.
Several energy firms have expressed reluctance, with Meralco chair Manny V. Pangilinan saying that the electricity industry would not survive.
Asked about these sentiments on Unang Balita, ERC chair Francis…