Share this on:
About this iReport
  • Not verified by CNN

  • Click to view omeroscar's profile
    Posted January 11, 2014 by

    More from omeroscar

    Philippines tied to power problem

    THE Philippine government on Saturday said it is determined to find ways to ease the problem over rising electricity bills once the high court’s temporary restraining order on the rate adjustment imposed by the Manila Electric Co. (Meralco) is lifted.
    In a televised interview over the state-run PTV4, Presidential Communications Operations Office Secretary Herminio Coloma Jr. said the government must find ways to ease the burden of the power rate hike to consumers.
    Coloma said power industry players, such as Meralco and other power producers, know that their businesses are imbued with public service and public interest and they must act in favor of public good.
    With regards to high energy cost in the country that discourages investors to come in, Coloma said there is a need to study the existing power industry structure in the country to find a solution.
    He revealed that there is an Energy Development Plan being carried out to ensure sufficient supply of electricity in the country which includes the use of renewable energy sources.
    The Supreme Court issued last month a 60-day halt order on the P4.15 per kilowatt-hour increase by Meralco.
    The high court’s order is aimed at stopping both the Energy Regulatory Commission (ERC) and Meralco from implementing the power rate increase.
    Oral arguments have been scheduled for Jan. 21, 2014.

    What do you think of this story?

    Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
    Be and editor! Choose an option below:
      Awesome! Put this on TV! Almost! Needs work. This submission violates iReport's community guidelines.


    Log in to comment

    iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.

    Add your Story Add your Story