Power distribution companies in Zambales and Olongapo City agreed to reduce electric billings by as much as P2 per kilowatt hour following a dialogue last week.
IBA, Zambales—Power distribution companies in Zambales and Olongapo City agreed to reduce electric billings by as much as P2 per kilowatt hour following a dialogue last week with Zambales First District Rep. Jay Khonghun, Second District Rep. Doris Maniquiz, and Mayors League President Jeffrey Khonghun.
Maniquiz told the BusinessMirror that the power rates cut will give residents of Zambales much relief from high electricity costs following a new round of increases made by the power firms. On the other hand, Zameco II will reduce rates from the current P19.9146 per kWh to P13.02 in March and to P15.02 from April to December 2023, while OEDC will adjust its rates to P13.60 per kWh in March and P15.60 starting April.
“So, why were you so keen on increasing your rates? Why not instead find ways to keep the price down?” Khonghun asked.
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