https://www.bworldonline.com/consumer-group-contests-water-rate-hikes-inflation-assumptions/
Month: February 2019
https://www.youtube.com/watch?v=FUn_v_Kc_rA&feature=youtu.be
CONSUMER GROUP LABAN KONSYUMER INC. (LKI) IS CALLING THE GOVERNMENT TO PRIORITIZE THE COUNTRY’S POWER SUPPLY TO ADDRESS POWER COSTS FOR CONSUMERS, ESPECIALLY DURING THE COMING SUMMER MONTHS WHEN DEMAND COULD GO HIGHER. The group said that further negligence on the issue of energy supply could result in distribution utilities buying higher priced power from […]
Bababa ang singil sa kuryente kapag inaprubahan ni Pangulong Rodrigo Duterte ang panukalang pumasa na sa Kamara at Senado, na paggamit ng Malampaya fund para bayaran ang daan-daang bilyong pisong utang ng National Power Corporation. Nagpa-Patrol, Alvin Elchico. TV Patrol, Huwebes, 14 Pebrero 2019 https://news.abs-cbn.com/video/business/02/14/19/singil-sa-kuryente-bababa-pag-pambayad-utang-ng-napocor-isinabatas
Prices of 59 basic goods increase
Prices of 59 out of 264 SKUs (stock keeping units), including a milk brand, some canned sardines, canned meat, and salt, have increased reportedly beyond the allowed suggested retail price (SRP) adjustment. But Trade and Industry Undersecretary Ruth Castelo explained that the 59 products were unable to increase their prices to adapt to fuel and […]
https://youtu.be/zFNv1ZFIEPU?t=1921
Power rates may go down if the Malampaya fund is used to pay for the massive debts of the National Power Corporation. But as this report tells us, a key difference remains between the House and Senate bills proposing the measure. – Business Nightly, ANC, February 14, 2019 https://news.abs-cbn.com/video/business/02/15/19/lawmakers-seek-to-tap-malampaya-fund-to-pay-for-napocor-debts
Amidst the power rate hike announced by Meralco last week , the consumer group , Laban Konsyumer Inc. suggested that “more capacity or supply should bring down power rates for consumers. If we do not address this problem now, distribution utilities will be forced to buy higher priced alternative fuel for power. If there is […]
Sword of Damocles
A RECOMMENDATION of the Department of Energy (DOE) to revoke the franchises of some electric cooperatives has caused an uproar among industry stakeholders, particularly the 17 ECs cited by the agency. The DOE’s move, however, was viewed as a wake-up call to ailing cooperatives that continue to deliver poor services. “It’s more of a wake-up […]
MANILA — Consumer group Laban Konsyumer, Inc. (LKI) is asking the Energy Regulatory Commission (ERC) to be more transparent in its decision-making regarding power rate adjustments while at the same time ensuring that such price changes are in compliance with government guidelines. LKI President Victorio Mario Dimagiba said the group has proposed to the ERC that […]