Renewal of Meralco franchise draws flak

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Renewal of Meralco franchise draws flak
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A CONSUMER group over the weekend decried the consolidation of three bills in the House of Representatives seeking the renewal of Manila Electric Co.'s (Meralco) franchise, saying it was too early to discuss the matter.

A CONSUMER group over the weekend decried the consolidation of three bills in the House of Representatives seeking the renewal of Manila Electric Co.'s franchise, saying it was too early to discuss the matter.'It is too early to discuss the renewal of Meralco 's franchise, which will expire in 2028,' said Rodolfo Javellana Jr., national president of United Filipino Consumer and Commuters.House Bills 9793, 9813 and 10317 were authored by Reps.

''The expiration of Meralco's franchise is still four years away; we already pointed that out. So, discussing the issue of renewal is uncalled for at this time, especially after the distribution utility just announced that the power rate in its franchise has increased,' he said.Just recently, Meralco announced that the power rate of P11.6012 per kilowatt hour in July would increase to P11.6339 per kilowatt hour in August.

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