AKO BICOL expresses support for electric cooperatives

Cong. Rodel Batocabe expressed the need to support electric cooperatives through the provision of energy disaster trust funds. Cong. Batocabe recently filed HB 4408 entitled “An Act Creating an Energy Disaster Trust Fund for Electric Cooperatives” which is currently pending in the Committee on Energy since November 2016.

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The national government and other financing institutions will subsidize the costs of the rehabilitation and restoration of power in electric cooperatives instead of passing the burden to consumers.

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