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Stop-gap Noy solution to power woe means higher Mindanao rates By Angie M. Rosales 04/03/2012

Tuesday, April 3, 2012

Stop-gap Noy solution to power woe means higher Mindanao rates

By Angie M. Rosales 04/03/2012

Power consumers in Mindanao will have to bear electricity rates that are higher by as much as 50 centavos per kilowatthour with the government’s plan to use power barges which uses expensive fuel as a stop-gap solution to the brewing power crisis in the region, Sen. Sergio Osmeña III said yesterday.

“The people of Mindanao have to accept that they will have to face higher rates, a little bit higher, by about 50 centavos,” Osmeña said, noting the need to adjust the current P3.70 per kilowatt hour (kwh) to P4.20 per kwh to address the power supply problem immediately.

Besides the impending rate increase, the chairman of the Senate energy committee, also said that the possible solution for the meantime to plug the power supply shortage in Mindanao could be answered by the so-called combined cycle gar turbine (CCGP)..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20120403hea2.html

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