Phonics is the only way to teach reading.
Having taught my three teens to read, I say a parent can teach their own kids to read after school, after dinner and weekends while the public school teachers have their day time.
It was really really fun and easy. Seton Home Study.
The silent letter rules and the substitute letter rules.
I just tried to post them here, but it didn't work out in a readable form, so I'll link to a part of one of my websites, where I have them in "cheat sheet" form:
They are free for anyone to use.