Experts to next admin: Abolish ‘pasa-load subsidy’ of power companies

Electoral bets challenged to prioritize affordable, reliable, secure power QUEZON CITY, 30 March 2022 – Entering the final month before the May 9 elections, energy policy experts called on candidates running for national posts to make the energy transition central to their infrastructure agenda. The experts called for the immediate removal of the “pasa-load subsidy” applied for decades, which has allowed power generation companies to automatically pass on volatile fossil fuel price fluctuations to consumers. “Without a truly level playing field, Filipino households and businesses can’t enjoy what they have always deserved in the form of affordable, [...]

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