Sunday 23 September 2018
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3 months ago

Group says power rate could have been lower

The feed-in-tariff allowance (FIT-ALL) in electricity bills is proving to be an additional burden for Filipino consumers already overburdened by high prices, weakening peso and the impact of the Tax Reform for Acceleration and Inclusion Act, consumer advocacy group CitizenWatch Philippines said. Power utility firm Manila Electric Co. had announced another round of rate decrease since last month. For June, there was a more than 10-centavo-per-kilowatt-hour decline in electricity rates, which translat

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