Government continues power rate discounts-A A +A
Monday, July 2, 2012
IN line with President Benigno S. Aquino III's anti-poverty programs, the government continues to provide power rate discounts to “lifeline” or marginalized electricity consumers.
Presidential spokesman Edwin Lacierda issued the statement during the regular press briefing in Malacañang on Monday following reports that various groups are appealing to the government to provide electricity subsidy to the poor following the increase of Manila Electricity Company (Meralco) electricity rates.
Lacierda reiterated that the Aquino administration's position to ensure that the poor and the underprivileged sector of society would still be able to afford electricity services by giving discounts to low-income users of electricity until 2021.
Last year, the Chief Executive signed Republic Act 10150, an act that provides a 10-year extension of the lifeline rate implementation under the Electric Power Industry Reform Act (Epira) as a socialized pricing mechanism that benefits the marginalized end-users of electricity.
The Epira initially packaged the discounted rates for the marginalized end-users for 10 years or until June 26, 2011.
Under the lifeline subsidy scheme, residential consumers in the higher consumption bracket would have to pay extra cost as subsidy to their poorer counterparts.
Senate Joint Resolution No. 9, meanwhile, sought to extend the existence of the Joint Congressional Power Commission for another 10 years to “ensure that the goals and objectives of the Electric Power Industry Reform Act of 2001 and the Renewable Energy Act of 2008 are fully achieved.”
Last month, the Energy Regulatory Commission has approved Meralco's petition for a maximum average price of P1.6303 per kilowatt-hour for distribution, supply and metering charges to different customer classes. (PNA/Sunnex)