By: Elena Grace Flores
BANAT NEWS TV
[VIDEO]: Marcoleta is determined to Face the Oligarchs just to Lower Electricity Rate
Reduce Electricity Cost
Congressman Rodante Marcoleta explains his road map on how to reduce electricity costs in the country as per the tasks given by incoming President Bongbong Marcos. Political will is crucial in this area. The oligarchs has been monopolizing the energy sector since EDSA. So, he must have the power to implement rules and regulations.
Just, Reasonable and Competitive Rates
The EPIRA Law dictates that the supplier must provide to all the consumers just, reasonable, and competitive rates. These are embodied in their franchise permits. Affordability is the goal of this requirement. If this is not provided, there’s definitely a breach of contract.
Road Map of the Task
The existing policies must be used for the benefit of the people. Meralco, Veco, and other electricity providers must comply to the law to retain their distribution rights. This is a proof that the Congress in the past has been weak against the oligarchs. That should change now with Marcoleta and PBBM on their tail.