Saturday, June 14, 2008

Another Power Rate Increase in Bohol Province

An additional burden, but God is faithful.

Power consumers of Bohol Light Company Inc. may have to shoulder additional charges on their electric bills.

The power utility firm which holds exclusive power distribution here in the city has applied with the Energy Regulatory Commission (ERC) for authority to recover national franchise taxes paid from 2001 to 2006 and local franchise taxes paid to the city government of Tagbilaran from 2002 to 2008.

The ERC will conduct a public hearing here on Thursday 9 a.m. at the Governor's Mansion regarding Bohol Light's power hike application.

City Mayor Dan Lim yesterday dared the public and Boholano leaders to reveal their stand on Bohol Light's move by participating in the public hearing.

The mayor said that due to time constraints, he was forced to file his opposition to Bohol Light's petition in his personal and official capacity as mayor of the city whose constituents will be burdened if the ERC grants an increased power rate.

The mayor explained that his opposition to Bohol Light's petition is based on the ground that the utility firm does not have the right to collect the franchise taxes from its consumers because it does not have the franchise to operate the power utility.- By Kit Bagaipo, The Bohol Chronicle Newspaper

No comments: