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RP, Rep by ERB vs MERALCO

REPUBLIC OF THE PHILIPPINES, REPRESENTED BY ENERGY REGULATORY BOARD, petitioner, vs. MANILA ELECTRIC COMPANY, respondent.

G.R. No. 141314 | 2003-04-09

R E S O L U T I O N

PUNO, J.:

The business and operations of a public utility are imbued with public interest. In a very real sense, a public utility is engaged in public service-- providing basic commodities and services indispensable to the interest of the general public. For this reason, a public utility submits to the regulation of government authorities and surrenders certain business prerogatives, including the amount of rates that may be charged by it. It is the imperative duty of the State to interpose its protective power whenever too much profits become the priority of public utilities.

For resolution is the Motion for...