A CONSUMER group has called on the electricity spot market to ensure transparency of prices in order to avoid collusion among power generation companies during times when the grid system operator declares “yellow” or “red” alerts. In a statement, Laban Konsyumer, Inc. (LKI) President Victorio Mario A. Dimagiba has “demanded” disclosure and transparency from the […]
Month: March 2019
The inflation for the bottom 30% of households stands at 5.9 pct in January. Let’s hope the 3.8 pct cascaded to them too . Also, inflation rate for Feb 2019 of “electricity, gas, and other fuels” was 5.2%. compare to February 2018. This may be the impact of the fuels excise taxes which was fully […]
Consumer Group Criticizes PSALM for Lack of Transparency and Disclosure on Universal Charges (The theme for World Consumer Rights Day 2019, March 15, 2019, is “Trusted Smart Products”) In a policy statement recently, Laban Konsyumer Inc. and its President Atty. Victorio Mario A. Dimagiba said that it is best for the consumers that the national […]