MANILA, Aug. 22 -- Energy Regulatory Commission (ERC) chair Francis Saturnino Juan on Friday cited the need for a reset in several components of the electricity bills, saying these have not been reviewed in over a decade.

In an interview over the Bagong Pilipinas Ngayon program, ERC Chair lawyer Francis Saturnino Juan said transmission, distribution and generation charges are part of the items that power consumers pay, with the latter accounting for the biggest share in the electricity bill.

He explained that ERC opened the generation charges for competition to ensure that consumers will have to pay the cheapest rate.

To make sure that generation charges will be low, regulators have to make sure that providers have adequate capacity, t...