According to Caberte, DTI is closely monitoring the prices in the City of Naga, and any retailer found violating the price freeze order shall be fined P1 million and / or imprisoned for a maximum of one year.
'With the coming effects of Typhoon Ompong to properties and livelihoods, it is only just to call for a price freeze. Controlling the prices of basic goods especially in times of calamity is as important as preparing the people for the upcoming natural calamity.
To welcome the new year, we are offering a price freeze on rentals for new customers so they need not worry about rate increase once the Value Added Tax (VAT) charges take effect on 1 st January.
The Birkenhead MP is calling on firms to match EDF Energy's commitment to introduce a two-year price freeze for all new and existing customers who pay through prepayment meters.
Mark Todd, of energy helpline.com, which did the poll, said: "This research clearly identifies the British people are most in favour of an energy price freeze as a key Government policy."