PCCI: Higher power costs must be avoided

The government should avoid any action that would raise electricity rates in the country, the Philippine Chamber of Commerce and Industry (PCCI) said on Tuesday.

In a position paper on the proposed higher tax on coal that was posted on its website, PCCI said that, since the country is “already poorly situated in terms of power-cost competitiveness, it is important to” prevent or avoid anything that would increase electricity rates and “diminish the quality of our power industry.”