08/13/2019 | Press release | Distributed by Public on 08/13/2019 03:29
SOURCE: Press and Public Affairs Bureau
Rep. Velasco welcomes the signing of Murang Kuryente Act and the Anti-Obstruction of Powerlines Act
13 August 2019 05:16:24 PM
Rep. Lord Allan Velasco of the lone district of Marinduque, also the Chairperson of the House Committee on Energy, welcomes the news that President Rodrigo Roa Duterte has signed on Thursday, 08 August 2019, not just one but two (2) landmark legislation he has co-authored on energy policy: the Murang Kuryente bill (now Republic Act no. 11361) and the Anti-obstruction of Power lines bill (now Republic Act no. 11371).
The Murang Kuryente law aims to reduce the cost of electricity bills down to the household level by allocating about Php208 billion from the net national government share of the Malampaya fund for the payment of the stranded contract costs and stranded debts being levied on consumers as part of the Universal Charge (UC).
On the other hand, the Anti-obstruction of Power Lines Act seeks to prohibit the introduction of plants and structures within the Right-of-Way (ROW) limit of power transmission lines to ensure uninterrupted power supply.
Cong. Velasco says that the passage of the two energy laws will help ensure lower cost and stable supply of electricity and will greatly contribute in the country's quest for reliable, sustainable, and affordable energy supply.
SOURCE: Office of Rep. Lord Allan Velasco