The Energy Regulatory Commission (ERC) of the Philippines has warned that electricity consumers may soon feel the 'full impact' of the ongoing Middle East conflict on their power bills. ERC Chairperson Francis Saturnino Juan stated that higher global fuel prices could drive up electricity costs in the coming months. 'Next month, we expect to see the full impact of the rising prices of oil, coal, and natural gas, which a large part of our supply depends on,' Juan said. The ERC chief added that electricity prices could rise further due to the seasonal surge in power demand during the hot, dry months of April and May. 'They will coincide, so we expect a significant increase in electricity prices,' he said. Despite the expected hike, Juan assured the public that the regulator will intervene if electricity price increases become excessive. 'ERC can still intervene if the price hike becomes too big. They say electricity rates will go up, but the increase in electricity is small compared to the increase in oil prices,' Petilla added. Meanwhile, Leyte Governor and former Energy Secretary Jericho Petilla urged the public to adopt energy-saving practices. 'During times of crisis, nothing is normal. If we say we'll have a four-day work week, let's carpool, or use public transport if possible, let's save,' Petilla said in an interview with local media. He also encouraged consumers to explore alternatives that reduce oil consumption, including the use of electric vehicles. 'If you are planning to buy a car, maybe you can look at an electric vehicle.'
