Back to Top

PRESS RELEASES

SOURCE: Press and Public Affairs Bureau


SPEAKER VELASCO HAILS PRRD’S SIGNING OF LAW EXTENDING SUBSIDY FOR ‘LIFELINE’ POWER CONSUMERS
01 June 2021 12:49:25 PM


Speaker Lord Allan Velasco on Tuesday hailed President Rodrigo Roa Duterte’s signing into law a bill extending the “lifeline rate” or the subsidized electricity rate for low-income households by 30 years.

“We thank PRRD for ensuring that poor families will continue to enjoy the much-needed power subsidy for the next three decades,” said Velasco, who vigorously pushed the measure in the House of Representatives when he was chair of the Committee on Energy.

Velasco said Republic Act 11552, signed by the President on May 27, is “a shoo-in to make the Duterte administration’s best legislative legacy list.”

“This important legislation would assure Filipinos access to continuous and affordable electricity, especially during the COVID-19 pandemic where many people are struggling to make ends meet,” the House chief added.

Velasco said around 5.5 million lifeline rate consumers, representing about 31 percent of the entire connections in the country, would benefit from RA 11552.

The new law amends RA 10150 or the Electric Power Industry Reform Act (EPIRA) of 2011, under which the lifeline rate provision would expire on June 26 this year.

It extends for the second time the socialized pricing system for marginalized households under Section 73 of the original EPIRA law or RA 9136.

The lifeline subsidy, given to households consuming not more than 100 kilowatt hour or less per month, was first approved for 10 years under RA 9136 in 2001. It was extended for another 10 years under RA 10150 in 2011. #