THIS INFERNAL POWER SHORTAGE IN MINDANAO
President Aquino, in his speech during the Mindanao Power Summit in Davao City, stated that we should pay more in order to have a good supply of electricity. He is indirectly saying that power rate hike is inevitable. Despite the cheap source of electricity, the hyrdo plants in Iligan and Bukidnon are already aging so their production capacity diminished over the long run.
I hope after the talk, steps will be made to really address the problem, whether we have to pay "a little more" or mot pay at all. Mr. President, after the talk, roll up sleeves, please.
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