ILOILO CITY—Iloilo City’s lone electric distributor has disputed a report of the nongovernment organization Freedom from Debt Coalition (FDC-Iloilo) that cited the company as having one of the highest electric rates in the world.
In a statement, the Panay Electric Company (Peco) also maintained that its rates were comparable or even lower to that of other urban centers in the country.
Peco operations manager engineer Randy Pastolero said in the statement that a study of retired professor Pablo Española citing Iloilo as having the highest electricity rates among at least 63 countries was questionable.
Española’s study cited Iloilo as having higher rates compared to the United States, Russia and Japan based on the prevailing electricity rates from 1994-2002.
He said the current rates of the Pacific Gas and Electric Co. in San Francisco, California is about P13.95 per kwh while that in Hawaii was P13.04 per kwh. Peco charged P12.95 per kwh charged in August this year.
Pastolero said Peco’s rates are higher compared to other areas in the country because it uses diesel power plants.
In a statement, the Panay Electric Company (Peco) also maintained that its rates were comparable or even lower to that of other urban centers in the country.
Peco operations manager engineer Randy Pastolero said in the statement that a study of retired professor Pablo Española citing Iloilo as having the highest electricity rates among at least 63 countries was questionable.
Española’s study cited Iloilo as having higher rates compared to the United States, Russia and Japan based on the prevailing electricity rates from 1994-2002.
He said the current rates of the Pacific Gas and Electric Co. in San Francisco, California is about P13.95 per kwh while that in Hawaii was P13.04 per kwh. Peco charged P12.95 per kwh charged in August this year.
Pastolero said Peco’s rates are higher compared to other areas in the country because it uses diesel power plants.
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