THE Panay Electric Company Employees and Workers Association (PECEWA) has appealed to Speaker Gloria Macapagal Arroyo for her “assistance in giving fair and equal treatment to its employer, Panay Electric Company, Inc. (PECO), for the renewal of its franchise.”
On September 17, the Committee on Legislative Franchises headed by Rep. Franz Alvarez (3rd District, Palawan) awarded to MORE Minerals Corporation (MMC) the franchise for the exclusive power distribution business in Iloilo City.
The current holder of the franchise is PECO, which has been serving the area for the past 95 years.
On July 22, 2017, it submitted its application with Congress for the renewal of its franchise, due to expire on January 18, 2019, through the Alvarez committee as prescribed by law.
“PECO employs many workers in order to maintain and operate the business of electric power distribution and conveyance to the end users in the City of Iloilo. Non-renewal of the PECO franchise will automatically result to (sic) displacement of these workers whose families depend upon their continued employment with PECO,” it stated in its letter-appeal to the Speaker.
The plea also cited the fact that MMC, which applied for the franchise last August 22, 2018, has no previous track record in power distribution and is under-capitalized.
The Alvarez committee approved MMC’s franchise on September 17, 2018, through House Bill (HB) No. 8132, authored by Parañaque City Rep. Gus S. Tambunting.