7 months Colmenares questions why consumers should pay higher power rates MB
By Ellson Quismorio Bayan Muna chairman and Makabayan senatorial candidate Neri Colmenares is questioning the impending power rate hike from the Manila Electric Company (Meralco), saying consumers shouldn’t suffer from the shortcomings of power plant owners. Bayan Muna chairman and senatorial candidate Neri Colmenares (RIO DELUVIO / MANILA BULLETIN) “It is the owners of the generation companies (gencos) that should shoulder the additional cost of power that was caused by the plant shutdowns,” Colmenares said, referring to recent instances wherein several power plants in Luzon simultaneously went out of commission. This led to the declaration of red alert status for ... more