Enough is enough

November 25, 2018
Panay Electric Company

Iloilo consumers to PECO: Change is needed.

THE Iloilo City Council and city residents yesterday appealed to Panay Electric Company (PECO) to accept the possibility that Congress may not renew its application for the renewal of its legislative franchise.

Joshua Alim of the Iloilo City Council also urged PECO to support the possible smooth transition process should a new distribution utility firm take over their operations.

“Enough is enough, Mr. PECO. The people have spoken. Congress has spoken. Kayo lang ang hindi nakikinig eh. Tama na, napagbigyan naman  na kayo ng 95 years eh,” said Alim.

This Monday, Alim bared that MORE Power and Electric  Company (MORE Power) is scheduled to conduct a briefing before the  council for them to be enlightened about the plans to ensure that  there will be no power disruptions in case a takeover of  PECO’s operations happens.

Alim also expressed confidence that MORE Power will fulfill its promise to improve the services as possible new utility firm after their application for a legislative franchise is almost granted by Congress.

The residents also expressed high hopes that More Power will lower the high power rates in Iloilo City.

“Ilonggos have given PECO all the chance in the past 95 years to improve its services,” said Alim.

PECO’s franchise will expire on January 18, 2019 and the application for the renewal of their legislative franchise remains pending before the House Committee on Legislative Franchises chaired by Palawan Rep. Franz Alvarez.

Earlier, business tycoon Enrique K. Razon Jr., a major stakeholder of MORE Power and president and chairman of the International Container Terminal Services Inc. (ICTSI), said they would invest P2 billion to  ensure a better power supply service in Iloilo City and prevent power  outages.