Sunday, October 05, 2008 DLPC implements Arroyo's electric subsidy
DAVAO Light & Power Co. will implement President Gloria Macapagal-Arroyo's project on 500-peso electricity subsidy in its October 2008 revenue billing cycle.
The President's program, dubbed "Pantawid Kuryente: Katas ng VAT", is aimed at helping marginal consumers pay their electric bills to cushion the impact of the prevailing cost of fuel and other commodities.
About 98,500 Davao Light customers, whose energy usage last May 2008 revenue billing were the equivalent of 100 kilowatt-hours and below every 30 days (or a maximum daily average consumption of 3.33kwh/day), benefit from the national government's subsidy program.
The local electric service provider will notify the subsidy recipients through a credit memo and will print a separate line and an appropriate message in the text box of their electric bills.
If the customer's bill is less than the P500 subsidy, the balance will be applied to his subsequent bills until it is fully applied.
Charged with undertaking the subsidy program is the Department of Social Welfare and Development (DSWD), which tapped the services of Private Electric Plant Owners Association (Pepoa) where Davao Light is a member.