By MARYA SALAMAT
Small Filipino businessmen reportedly concede that it is not wage which is eating up a huge chunk of their profits, but energy costs.
Tags: NAPOCOR
The big three in the power industry
By ANNE MARXZE D. UMIL Bulatlat.com MANILA – The Philippines has the most expensive electricity rates in Asia, a study by International Energy Consultants (IEC) showed. The Philippines is also the only country with a privatized power industry and without government subsidy, according to IEC. Main Story: Epira, the culprit behind high power rates a>…
Power firms, creditors assured of billions, while consumers burdened with Napocor debt
By ANNE MARXZE D. UMIL and RONALYN V. OLEA Bulatlat.com MANILA – One of the reasons behind the expensive electricity rates in the country is the debt acquired by the National Power Corporation (Napocor). Main Story: Epira, the culprit behind high power rates a> Sidebar: The big three in the power industry Napocor’s debt, which…
Epira, the culprit behind high power rates
By ANNE MARXZE D. UMIL
Failed promises of the Electric Power Industry Reform Act of 2001.
Sidebar: Power firms, creditors assured of billions, while consumers burdened with Napocor debt
Photo of the Week: Informal Settler
Informal Settler
No Relief in Sight for Fleeced Power Consumers
By ARNOLD PADILLA
There’s good news for its close to five million customers to start the New Year, said utility giant Manila Electric Power Co. (Meralco). It claimed that its January billing will go down by 30.5 centavos per kilowatt-hour (kWh) due to lower generation and transmission charges. But Meralco did not say that the said reduction is just one side of the story.
National Broadband Network: Boon or Bane?
Much controversy has surrounded the Arroyo administration’s recent proposal to build a national broadband network (NBN) in tandem with a Chinese firm. Reports of corruption are rife; accusations are exchanged between the Philippine President Gloria Arroyo’s very own allies. But what is a national broadband network, really? And is this a project that most Filipinos…