PCCI backs Cebu businessmen on lower power rates

THE Philippine Chamber of Commerce and Industry (PCCI) has expressed support to the Cebu Chamber of Commerce and Industry’s (CCCI) calls for reasonable power rates in Cebu.

CCCI officials recently met with PCCI President Ambassador Benedicto Yujuico, Energy Regulatory Commission (ERC) Legal Service Director Maria Corazon Gines and Department of Energy (DoE)-Electric Power Industry Management Bureau head Mario Marasigan discussed its appeal to make Visayan Electric Co.’s (Veco) power rates in Cebu competitive with other power distributors such as Mactan Electric Co. and Manila Electric Co.