The timing of the Power rate increase

Yeah, it was done after the 2007 midterm elections. The recent increase after the elections made our power rates the highest in Asia (even higher than Japan). Read this interesting observation too from Koko Pimentel.

The administration was smart to take the high cost of electricity issue off during the campaign by promising to lower our power rates. Sabi ni MLQ3:

(Here’s hoping consumer groups monitor power rates to see if rate drops last as long as guaranteed: 10 month in Luzon, 18 months in Mindanao, visayas for 3 months, and at the biggest drop, 31 centavos per KWH, seems to me pure electioneering in the President’s bailiwick right there).

Well, promises were meant to be broken after the elections. And I can't wait for the outcome of the Ombudsman Mercy's investigation on the Nani Perez IMPSA scandal.

RElated:

- Check your June and July Bills.