Tag: electricity costs
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NGCP’s Project Delays Drive Up Electricity Costs, Pose National Security Risks
The National Transmission Corporation (TransCo) has pointed to significant delays in the National Grid Corporation of the Philippines’ (NGCP) transmission projects as a primary cause of rising electricity costs and operational inefficiencies impacting millions of Filipinos. During a recent House Committee on Legislative Franchises hearing, TransCo Vice President Dinna Dizon highlighted that NGCP managed to…
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TransCo Highlights NGCP’s Project Delays as Cause of Rising Power Costs
In a recent hearing by the House Committee on Legislative Franchises, the National Transmission Corporation (TransCo) pointed out that delays in projects managed by the National Grid Corporation of the Philippines (NGCP) are significantly contributing to increased electricity costs and operational inefficiencies, impacting millions of Filipinos. TransCo Vice President Dinna Dizon emphasized that only 29%…
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House of Representatives Launches Probe into Escalating Rice and Electricity Costs
The House of Representatives has announced a thorough investigation into the rising costs of rice and electricity, as stated by Speaker Martin Romualdez during the resumption of the 19th Congress session on January 13, 2025. Romualdez emphasized the need to tackle smuggling and hoarding, which adversely affect farmers and inflate food prices, alongside examining the…
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