Cheaper electricity rates may soon be realized 4400 SHARES Share it! Share TweetBy Ben RosarioIf everything goes right, power consumers may soon have cheaper electricity rates. The Murang Kuryente bill, which promises to reduce electricity rates in the country, has been passed on second reading and is scheduled to be passed on third and final reading next week. The Senate version of the measure was passed the other day, thus ensuring Congress approval before the February 8 adjournment. “Pero ngayon ang realidad ay mahal pa rin ang koryente at lubog pa rin sa utang ang NPC (The truth is we still have high electricity rates and the NPC remains heavily indebted),” he stated during his interpellation of Velasco.

Source: Manila Bulletin January 31, 2019 05:48 UTC