Stop the Wholesale Electricity Spot Market System
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We the undersigned hereby request the Philippine policy makers, specifically the Congress of the Philippines to repeal the provisions of Section 30 of Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act (EPIRA) of 2001. This mandates the DOE to establish the Wholesale Electricity Spot Market (WESM) within one year from its effectivity, and formulate the detailed rules for the WESM, jointly with electric power industry participants.
The objectives of this law were supposed to be encouraging and attaining efficiency on the part of the power producers and distributors as well as to benefit large users and household consumers. The mechanism was supposed to be through the balancing of supply and demand for electricity. This has not happened!
Presently, the objectives are not attained. It even resulted in more inefficiencies and raised the prices of electricity in the country! The continuance of WESM shall make the life of the Filipinos more difficult. It is an added burden, especially to the poor!
The present power industry scenario is characterized as a supplier-controlled market. Not many are encouraged to enter the industry because of the many entry barriers - including franchising and environmental regulations, that are both government impositions.
In order that this scheme of power market exchange to operate to the benefit of the consumers, supply must equal or exceed consumers' demand. Without this condition, the Wholesale Electricity Spot Market is a systematic mechanism for ensuring higher prices. WESM is another useless layer in the industry. Logic dictates that another addition to the marketing layer will add to the cost to the consumers.
The recent unwarranted increases in the cost of electricity charged by Meralco was due to the WESM increase in price, according to a local newspaper today http://www.gmanews.tv/story/90856/Meralco-increases-rates-by-nearly-P1/kWh-for-this-month
Increases in the purchase price from WESM by distributors like Meralco will not be uncommon in the near future and could be aggravated if price fixing would occur. This was suspected during its first trial operations.
In view of the already high prices of all commodities prevailing in the country, WESM must be stopped immediately. It does not serve its purpose of reducing the prices of electricity nor making the operations of the power producers/distributors efficient.
Power is a commodity that affects most of the goods consumed and sevices availed by the people. An increase in power cost translates geometrically in the costs of other commodities and services Maawa naman kayo sa mga tao, lalo na kaming nakakaraming mahihirap.
Ito ay panawagan namin sa DOE, Kongreso at Senado ng Pilipinas !
The objectives of this law were supposed to be encouraging and attaining efficiency on the part of the power producers and distributors as well as to benefit large users and household consumers. The mechanism was supposed to be through the balancing of supply and demand for electricity. This has not happened!
Presently, the objectives are not attained. It even resulted in more inefficiencies and raised the prices of electricity in the country! The continuance of WESM shall make the life of the Filipinos more difficult. It is an added burden, especially to the poor!
The present power industry scenario is characterized as a supplier-controlled market. Not many are encouraged to enter the industry because of the many entry barriers - including franchising and environmental regulations, that are both government impositions.
In order that this scheme of power market exchange to operate to the benefit of the consumers, supply must equal or exceed consumers' demand. Without this condition, the Wholesale Electricity Spot Market is a systematic mechanism for ensuring higher prices. WESM is another useless layer in the industry. Logic dictates that another addition to the marketing layer will add to the cost to the consumers.
The recent unwarranted increases in the cost of electricity charged by Meralco was due to the WESM increase in price, according to a local newspaper today http://www.gmanews.tv/story/90856/Meralco-increases-rates-by-nearly-P1/kWh-for-this-month
Increases in the purchase price from WESM by distributors like Meralco will not be uncommon in the near future and could be aggravated if price fixing would occur. This was suspected during its first trial operations.
In view of the already high prices of all commodities prevailing in the country, WESM must be stopped immediately. It does not serve its purpose of reducing the prices of electricity nor making the operations of the power producers/distributors efficient.
Power is a commodity that affects most of the goods consumed and sevices availed by the people. An increase in power cost translates geometrically in the costs of other commodities and services Maawa naman kayo sa mga tao, lalo na kaming nakakaraming mahihirap.
Ito ay panawagan namin sa DOE, Kongreso at Senado ng Pilipinas !
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Goal
50 signatures
Goal: 50
Latest Signatures
12 November 2015
24 September 2015
49.
Rolando F
|
The whole promise of good thing was all but a nightmare, The public was made to believe that it will beneficial to and for the masses to implement EPIRA and the creation of WESM will serve its purpose but what has happened was that we had been fooled. At
23 January 2015
22 December 2014
10 November 2014
46.
Rossanna S
|
WESM encourages collusion by the very few power producers and distribution companies like Meralco. It will not be an impossibility if they fix higher prices and get commissions out of it. WESM has allowed cartel to develop in this energy sector! SCRAP IT
24 October 2014
5 November 2013
25 October 2013
21 March 2013
42.
Ma Anam
|
Why don't we make a scheme where both rich and poor people will enjoy electricity fairly and squarely. As if when we're making bills, it seems to be more likely killing the lives of middle class and poor people. We must find other means to allocate certai
17 October 2012
26 July 2012
1 May 2012
39.
Joseph Midarcn
|
This is a CRIME against the Filipino People. Tama na, Sobra na! TIGILIAN na ito!
Address
Las Pinas City
4 April 2012
28 June 2011
7 May 2011
24 February 2011
20 February 2011
12 February 2011
14 October 2010
4 July 2009
30 June 2009
10 May 2009
5 April 2009
28.
Rolando Lt
|
repeal the wesm law and regulate oil prices by subsidizing it
Address
Q-1098 del Rosario St., Ft. del Pilar (PMA),
9 March 2009
27.
Ma Teresace
|
We are just but a few of the majority that can't reach the senate or whoever is in authority with regard to this economic sabotage. people who don't have internet access are hurting too. Please listen to the people and help those who have put you in the p
30 December 2008
26.
Mercy E
|
SCRAP IT! Dagdag pahirap na naman yan sa mga breadwinners na OFWs!
Address
(ex-OFW) Sampaloc, Manila
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