1 week Senate panels OK bill extending lifeline power rate subsidies until 2031 Inquirer
MANILA, Philippines --- Two Senate panels have approved a bill seeking to extend until 2031 the granting of lifeline electricity rate subsidies to low-income consumers. The Senate committees on energy and public services jointly endorsed for plenary approval Senate Bill No. 1877, which seeks to amend the Electricity Power Industry Reform Act of 2001 (EPIRA). Under the EPIRA law, signed in 2001, the lifeline rate or a subsidized rate was given for a period of 10 years to low-income captive market end-users who cannot afford to pay at full cost. In 2011, the lifeline rate was extended until 2021. Under ... more