Federalism might hike power rates

The National Power Corp. (Napocor) warned federalism could trigger higher power rates in Small Power Utilities Group (SPUG) areas.

“The problem will lie in the universal charge for missionary electrification, right now there are two sources of revenue: electric cooperatives and the universal charge. The universal charge is collected from the entire country,” Napocor President and Chief Executive Office Ma. Gladys Cruz-Sta. Rita said.