Palace Urges Power Utilities to Minimize System Loss, Shield Consumers
Politics

Palace Urges Power Utilities to Minimize System Loss, Shield Consumers

The Philippine government is pushing for improved efficiency from power utilities to eliminate system loss charges passed on to consumers. President Marcos has proposed amendments to the EPIRA law, urging companies to reduce losses, particularly those from theft. While a 5-15% reduction in electricity rates is anticipated, power firms express concerns over shouldering these costs.

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