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NewsTranscript
00:00The increase in electricity bills will be implemented from January of the next year
00:04following the approval of the Energy Regulatory Commission
00:07in the collection for the Recalculated Trading Amounts for this year.
00:11For consumers in Luzon and Visayas,
00:14there will be an increase of 0.124 pesos per kilowatt-hour
00:19while 0.033 pesos per kilowatt-hour in Mindanao.
00:25This will fall within three to six months.
00:30The ERC approved the collection of 70%
00:33from the Recalculated Trading Amounts or RTAs
00:37for the month of February and March this year.
00:40According to the ERC,
00:42it will be worth 3.5 billion pesos
00:45if the collection will start in 2025
00:48following the investigations
00:51following the rumors.