The decision was based on the difference between the final and the provisionally approved rate starting from the implementation of provisional authority until the effective implementation of the final electricity rate for Zamboanga City.
The Zamboanga City Electric Cooperative purchased electricity in 2012 from TMI, but it paid more and the now has to be refunded based on the final electric rate decided and approved by ERC.
TMI may apply the refund or a portion of it to any outstanding obligation Zamboanga City Electric Cooperative and the remaining amount over a period of 12 months.
The intervenors in this case were the local government, the Industrial Group of Zamboanga, the Employers’ Confederation of the Philippines (Zamboanga, Basilan, Sulu Tawi-Tawi chapter) and the Zamboanga Chamber of Commerce and Industry Foundation, Inc.
The organizations were represented by lawyers Bernardino Ferrer, Carl Andrew Rubio, Edgar Lim, and Pedro Rufo Soliven, of the Zamboanga Chamber of Commerce and Industry Foundation, Inc. (Mindanao Examiner)
20