High power rates threat to 'Bagong Pilipinas' goals

High power rates threat to 'Bagong Pilipinas' goals – group

By Francis Earl Cueto

Feb 12, 2024 12:04 am

POWER rates in the Philippines, among the highest in Asia, pose a threat to the economic goals of 'Bagong Pilipinas' of President Ferdinand Marcos Jr., a consumer group said on Sunday.

Rodolfo Javellana Jr., president of the United Filipino Consumers and Commuters (UFCC), issued the warning following the 57-centavo per kilowatt hour increase announced by Meralco recently.

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