President Ferdinand R. Marcos Jr. called for immediate amendments to the Electric Power Industry Reform Act (Epira) during his fifth State of the Nation Address (SONA), aiming to abolish system loss charges that are passed on to consumers. He argued that it is unfair for the public to bear the cost of inefficiencies in the power sector (newsinfo.inquirer.net).
The Senate Committee on Energy, led by Chairperson Senator Erwin Tulfo, has pledged to translate the President’s energy agenda into legislative action. This includes revisiting the Oil Deregulation Act and scrutinizing energy pricing to ease the financial burden on consumers (cebudailynews.inquirer.net).
The proposed reforms are part of broader efforts to stabilize energy costs and improve transparency in the power industry. While details remain under discussion, the focus is on reducing expenses for households and businesses through regulatory changes.
The government’s push for reform highlights growing concerns over rising utility costs and the need for more efficient energy management.
