Meralco has recently announced for another price hike attributed largely to the temporary shutdown of the Malampaya plant for maintenance reason. Such was stalled by the Supreme Court pending oral arguments. However, the consumers are not certain on whether these price adjustments will eventually be reflected in their electric bills. Likewise, with the summer season forthcoming, it is inevitable that electricity consumption will rise and some of the cheaper sources of energy particularly the hydroelectric power plants might not operate at their full potential. This might result to deriving energy from more expensive sources.
I believe that the best way to address the periodic rate hikes and the pricey electricity rates in the country is to look for long-term solutions to the problems. The temporary restraining orders issued by the high court do not solve the problems. The government should venture out in using the cheaper sources of energy such as the renewable ones (wind, tide, solar, etc). The costs may be great on the onset as the infrastructure costs are really huge. However, these are good investments which will benefit the country for a long period of time. The government may also seek for partnerships with private companies to make these happen. The government may also consider using nuclear energy to augment the energy requirements of the country.
The consumers can contribute in realizing more favourable rates. Conservation of energy should come from the users. This has always been reiterated but people do not heed these calls. Lots of energies are still wasted. Following the supply and demand concept, if there is great demand and supplies remain relatively the same, tendency is, prices will rise.