October 22, 2015
Competitive bidding for all power
supply requirements of distribution utilities (DUs) should be mandatory instead
of optional to get the best power rates for consumers, Liberal Party (LP)
senatorial candidate and former Department of Energy (DOE) secretary, Carlos
Jericho Petilla, said the other day.
Petilla, the brains behind the
landmark regulation called “Competitive Selection Process” or CSP, said the
circular is already helping achieve the goal of bringing down cost of power in
the country and ensure transparency in the procurement process.
He cited as concrete examples at
least two areas in Regions 1 and 3, where the practice of demand aggregation
and competitive bidding yielded a per kilowatt-hour (kwh) price of P3.12 and
P3.20, respectively, as opposed to the recently negotiated Meralco rate of
P4.20 per kwh.
“This is the best example why CSP
should be mandatory. Anything that two companies negotiate on but people pay
for can’t be kept secret. It has to be open,” he said.
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