Tuesday, August 7, 2018

House panel counts on MASELCO to settle P240-M debt

Published By Charissa Luci-Atienza

The House Committee on Energy is counting on the Masbate Electric Cooperative (MASELCO) to settle its P240 million obligation, which resulted in the disconnection of the power supply in Masbate.
The panel decided to monitor the discussions between MASELCO and DMCI Masbate Power Corporation (DMPC), which is the supplier of MASELCO’s electricity in the coming weeks after Masbate Rep. Scott Davies Lanete expressed concern over the power outages in Masbate following MASELCO’s unsettled obligation with DMPC.
Zamboanga Rep. Celso Lobregat, vice chairman of the panel, said they will reconvene in two to three months to assess its progress.
“The problem must be resolved in a manner beneficial to the energy-consuming public in terms of providing reliable, reasonably priced, and clean energy,” he said.
Lanete filed House Resolution 1066 urging Congress to look into the power situation in Masbate.
Under HR 1066, Lanete noted that in the Final Disconnection Notice issued by DMCI, the power supplier said that it had “yet to receive any firm commitment from MASELCO on when said arrears will be settled” despite repeated requests.
As a result, DMCI disconnected the power supply to the province on May 31, 2017.

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