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Politics

GATCHALIAN TO ERC: AVOID REPEAT OF BILL SHOCK

Senator Win Gatchalian called on the concerned authorities to oversee the conduct of onsite electric meter reading amid heightened restrictions under the re-imposed enhanced community quarantine (ECQ) to avoid a repeat of last year’s bill shock complaints. “Ayaw na nating maulit pa yung kalituhan sa mataas na singil ng kuryente noong isang taon matapos ang […]

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Politics

PHILRECA SEEKS ERC APPROVAL ANEW TO INVOKE FORCE MAJEURE CLAUSE

The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) is again seeking approval from the Energy Regulatory Commission (ERC) to allow them to avail of the prompt payment discount and invoke the ‘force majeure’ clause in their power supply agreements. PHILRECA Executive Director and General Manager Janeene Depay-Colingan reiterated this request as she assured the 121 […]

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Politics

USE MALAMPAYA FUND TO GIVE CONSUMER SAVINGS ON MONTHLY ELECTRIC BILL – GATCHALIAN

Senator Win Gatchalian is pushing for the passage of legislation authorizing the use of the ₱207 billion Malampaya Fund to pay off the stranded contract costs and stranded debt of the National Power Corporation (Napocor), which he said would provide consumer savings for Filipino households on their monthly electricity bill. Gatchalian, who chairs the Senate […]

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Government

ELECTRIC COOPS URGE PSALM TO FACE CONGRESS, EXPLAIN ASSET DISPOSAL AND FUND USE

“Sa Kongreso kayo magpaliwanag. (Explain to Congress).” This was the message addressed to the Power Sector Assets and Liabilities Management Corp (PSALM) by two of the largest electric cooperative (EC) groups in the country, which criticized PSALM last week for passing the burden of its ballooning debts on interest charges to consumers in the form […]