Invest in RE to cut power cost– Marcos

SENATOR Ferdinand Marcos Jr. on Sunday said the next Administration must put in order the country’s energy policy to attract more foreign investors, particularly in renewable energy (RE) so as to effectively reduce power rates.

Marcos, a vice presidential candidate in the May 2016 elections, noted that the Philippines is among the countries in Asia with the highest power rates yet current power generation cannot keep up with demand as some areas continue to experience power outages.