MANILA, Philippines — The economic losses of consumers during power interruptions should be passed on to generation companies (GenCos) not compliant with rules set by the country’s energy regulator, Senator Sherwin Gatchalian said Friday.
“They should be penalized and the cost of economic losses on behalf of the consumers should be passed on to them,” Gatchalian, head of the Senate energy panel, said in an interview on ABS-CBN News Channel.
“For example, if they went on unplanned outages or forced outages, the consumers are the one bearing the economic losses. That should be transferred to the gencos, meaning they should be penali…
Keep on reading: Erring power firms must shoulder consumers’ economic losses during outages, says lawmaker