Bicam Committee Approves “Murang Kuryente Bill”
“Murang Kuryente Bill” seeking for the payment of the National Power Corporation (NPC) debt through the Malampaya Fund was approved by the Bicameral Conference Committee.
Currently, there is an act that seeks to tap the Php 123 billion Malampaya Fund for the payment of the National Power Corporation (NPC) debts. The said debts
One of the principal authors of the said bill is 1-CARE Representative Carlos Roman Uybarreta. He has previously expressed that there would be a cut on electricity bills if the measure will be approved.
Undeniably, a lot of Filipinos fall short on their monthly budget due to higher electricity rates. The Murang Kuryente Act or House Bill No. 8869 can be one of the saving grace of many people.
According to Senator Sherwin Gatchalian, also one of the principal authors of the bill, the proposed law seeks to reduce the electricity rates by up to P1 per kilowatt hour (kWh).
Sen. Gatchalian expressed that not less than 16 million Pinoys will benefit for the bill. He further said that a household that consumes 200 kWh of electricity per month will get to save Php 170.00 monthly under this bill.
“Which is worth four kilos of rice [Php 170.00],” the Senator said.
Based on the report, the Murang Kuryente Bill would not be immediately ready for the signature of President Rodrigo Roa Duterte now as it cannot yet be ratified by the Congress due to the ongoing campaign period.
We’ll keep you posted for updates.