ILOILO CITY: The Iloilo Electric Cooperative Inc. (Ileco III) based in Sara, Iloilo has applied with the Energy Regulatory Commission (ERC) for a Yolanda Recovery and Rehabilitation Program subsidy amounting to P242,166,731.
Ileco III general manager Antonio Lazarraga said the whole project cost will be financed through a government subsidy and will not increase the energy rates for its 62,000 consumers in 13 municipalities in northern Iloilo.
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