PECO’S FATE IN SENATE’S HANDS
ILOILO City – Today the Senate Committee on Public Services chaired by Sen. Grace Poe, an Ilongga, is scheduled to hold a hearing on House Bill No. 8302 that grants MORE Electric and Power Corporation a franchise to distribute electric power to this city.
Its railroading could potentially push Panay Electric Company (PECO), the sole power distributor in the city for nearly a century, out of business and put at risk electricity distribution here.
Consumers and militants oppose the entry of a new private electric power distributor in Iloilo City. They press for a government takeover of the power distribution system in the metro, during a recent downtown rally.