According to the order from Presiding Judge Emerald Requina-Contreras of Iloilo Regional Trial Court Branch 23 dated July 2, Peco’s bid to reclaim assets cannot be granted as they no longer have the franchise required to supply electricity to Iloilo.to give its distribution assets to More Power, to ensure that electric provision is continuous.
“But to reiterate, Defendant Peco has no more franchise to operate the distribution system and no Certificate of Public Convenience and Necessity to operate the same while More has now both the franchise and the provisional CPCN to operate,” Contreras said in her latest order.
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