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Monday, September 19, 2005

Zambales power co-op reduces rates

Zambales power co-op reduces rates, but says it's temporary

Inquirer News Service

IBA, ZAMBALES -- The Zambales Electric Cooperative I here has given its consumers a breather when it lowered its power rates by an average of 65 centavos per kilowatt hour starting this month.

Rene Divino, Zameco I general manager, said from a high of P7.59 per kWh, their cooperative's rate now stands at P6.94 per kWh, the lowest in Central Luzon.

Divino, however, said the relief was just temporary because the implementation of the value-added tax law would increase power rates in the next few months.

He said a petition filed by members of the cooperative and that was endorsed by Zameco I board officials prompted the rate drop.

"Without it, there could have been no point of reference, much less guidance, by the Energy Regulatory Commission to bring down current costs here," Divino said. Cesar Villa, PDI Central Luzon Desk

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