Senate holds joint committee hearing on energy sector reforms and electricity rates — July 30

[0:48] on energy is hereby called to order. Today, the committee convenes its second public hearing in [1:03] the proposed amendments to Republic Act number 9136, otherwise known as the Electric Power [1:09] Industry Reform Act of 2001. This hearing continues the committee's deliberation that [1:16] commenced during the first public hearing held on 23 July 2026. Before we move on, I'd like to [1:24] acknowledge the presence of my colleague, Senator JV Ejercito. During the first public hearing, [1:32] the committee heard the presentations and recommendations of concerned government agencies [1:37] in the Malilla Electric Company. As the hearing was not completed, the presentation of the [1:42] remaining utilities, industry stakeholders, consumer groups, advocacy organizations will [1:49] be taken up during today's proceeding. Narinig naman po natin sa zona po ng Pangulo at isa sa mga [1:57] prioridad na ikinasasa lalong madaling panahon, ang pagtanggal o pagbaba sa systems laws na sinisingil [2:06] sa ating mga industry as a whole. I'd also like to acknowledge the presence of Senator Risa [2:17] Antiveros. [2:18] Morning, Chair. [2:19] Good morning. Today's hearing provides an opportunity to further examine the proposed measures, receive [2:26] the views and recommendation of stakeholders, and clarify issues that may assist the Committee [2:32] on Crafting Responsive and Effective Legislative Reforms. With that, may I ask our, my fellow [2:42] senators, if they have any statement to deliver? Senator JV. [2:47] Yes, thank you, Mr. Chair. Good morning to my colleagues, Senator Tiveros, our Chair, Senator [2:54] Marietulfo. First of all, I'd like to thank the Chair for, again, calling this, for continuing [3:03] the hearing on the amendments to the EPERA. And just the same also, just like to commend our [3:12] colleague for including right away in this morning's hearing, the bills on, because of his privilege [3:22] speech, as in connection with the President's State of the Nation address regarding the systems [3:31] laws, ay naisama na rin po sa agenda ngayong umaga. Bilang pagtugod, doon sa nakarang [3:40] State of the Nation address si Pangulong Pangbo Marcos, malinaw po ang kanyang naging [3:45] mensahe at kagustuhan na mababa ang presyo ng kuryente. Para sa bawat pamilyang [3:50] Pilipino, ilan sa kanyang mga binanggit na pulisiya, gaya na nabanggit ng ating Chair, ay ang [3:56] pagtanggal ng systems laws at that sa bill ng ating kuryente. Buong suporta po ang inyong [4:02] lingkod sa panawagan ito. As members of the Senate, we commit to do our part in realizing [4:07] this objective. Through the laws that we're about to pass through this committee. Bilang [4:12] tugon sa panawagan ng Pangulo, agad po natin file ang dalawang panukalang batas, Senate [4:16] B No. 2342, na naglalayang tuluyan ng alisin ang recoverable systems laws at Senate B No. [4:24] 2343, ang magtatanggal naman sa pinapatawang damat sa electric bill. According to the [4:30] Department of Energy, electricity bills could fall by 5 to 10 percent if system losses are [4:35] taken out of the equation. At present, system loss caps set by the Energy Regulation [4:41] Commission are at 5.5 percent for private distribution utilities and 8.25 percent for [4:49] electric cooperatives. Ang argumento na kailangan lagi ipasa sa consumers ang lahat ng [4:56] gastos ay hindi na bago. Wala pa noong mga lumang power supply at power purchase [5:02] agreements, agreements na pinasok ng gobyerno upang tugunan ang krisis sa kuryente noong [5:08] 19, early 1990s, Mr. Chair, naalala ko po yun. Yung PPA na nung panahon po ni [5:15] Pangulong Fidel Ramos dahil po sa krisis na kinakaharap nagkaroon ng purchase power [5:20] agreement para maitayo kaagad ang mga power plants. Ngunit ilang taon, ilang dekadang [5:27] pinasan ng sambayanan. Yung mga enerhya kahit na hindi po ginagamit ay ating pong [5:35] pinagbabayaran. Matagal po natin pinasan ang mga epekto ng PPA at hindi po natin [5:42] makakalimutan. Sana'y natuto na tayo noong panahon na yun. Kaya kung may nagtatanong ngayon [5:48] kung sino ang sasalo sa system losses kapag hindi na ito pinasa sa consumers, ang [5:53] sagot ay hindi ang ordinaryong Pilipino. Tungkuli ng ating energy relegators na [5:59] tiyakin na makahanap ng patas at makataruwang mekanismo, hindi dapat [6:03] pagbayarin ang mga consumers sa kuryente na hindi nila nagamit at wala silang [6:08] pananagutan sa pagkakawala nito. Napakabigat na ho, Mr. Chair, ng ating pong [6:14] pinapasan sa araw-araw ngayon dahil sa krisis na kinakaharap, nagkasabay-sabay, [6:19] mataas po ang presyo ng bilihin, mataas ang presyo ng kuryente dahil lahat [6:24] tayo umaaray na itong mga huling buwan dahil sa electric bills [6:30] natin. But consumers faithfully pay for every kilowatt hour of electricity [6:35] they consume. They should not be made to pay for losses arising from [6:39] outdated infrastructure or operational inefficiency that are entirely [6:44] beyond their control. Linawin po natin ngayong araw ano ang marching [6:49] order ng Pangulo sa nalalabing dalawang taon ng kanyang panunungkulan [6:54] bukod sa kanyang direktang mensahe na tanggalin na ang systems laws, [6:58] ganun din po ba ang magiging pulisya pagdating naman sa VAT sa kuryente? [7:04] Ayon sa DOE, ang proposed VAT cut ay tubutukoy lamang sa charges para sa [7:09] systems laws at hindi sa buong electric bill. Ganito po ba ang gusto nating [7:14] legasya na iwan sa ating makababayan? Tulungan po natin ang ating makababayan [7:20] na maliwanagan sa konkretong beneficyo na maari nilang asahan. Dapat natuto na [7:25] tayo sa karanasan ng mga lumang power purchase agreements. Naranasan natin [7:31] na kapag ang lahat ng panganib at gastos ay pinapasa sa consumers, ang nagiging [7:37] huling tagabayad ay ang pamilyang Pilipino. Hindi na dapat maulit yun. [7:42] Beyond cheaper electricity bills, the committee's goal should be about [7:46] institutional reform, holding utility companies strictly accountable and [7:50] driving them to improve their operational efficiency. The responsibility of [7:55] minimizing system losses should rest with the entities that own, operate and [8:00] manage the distribution system and not with ordinary Filipino families already [8:06] struggling with high electricity costs and high costs of everyday expenses. Our objective [8:17] is clear consumers should only pay for the electricity they actually use and the services [8:21] they receive. Ang kuryenting hindi mo nagamit ay hindi mo dapat bayaran. Kaya [8:26] nagpapasalamat ako Mr. Chair again for prioritizing these measures that are I would say [8:33] corrective. Sinimonyo nyo na po doon sa oil regulation. Ngayon po ay EFERA. Ngayon [8:39] naman po ay systems dos. Kaya maraming salamat Chairman Erwin Turfo sa inyo pong [8:46] bagbigay prioridad sa mga panukala pong ito. Maraming salamat at magandang umaga. [8:50] Thank you, Senator Ejercito. Senator Risa. [8:55] Salamat Mr. Chair. Magandang umaga po sa lahat. Sa taas ng singil sa atin sa [9:04] kuryente, nangunguna na ang Pilipinas sa buong ASEAN sa pinakamahal na residential [9:11] electricity rate. At matapos ang 25 years ng EFERA, hindi pa rin ito nakapaghatid ng [9:20] pangakong mas murang kuryente. Yan ang mga bagay na hindi dapat ipinagmamalaki. [9:27] Dahil habang tumataas ang singil sa kuryente, sa bill na lang napupunta ang [9:33] sweldo. Dahil sa bill shock, maraming napipilitang mamili kung alin ang uunahin. [9:41] Kuryente ba? Pagkain? Gamot? O matrikula? Kaya welcome ang malinaw na utos ng [9:50] Pangulo sa SONA. Alisin sa consumer ang systems loss charge at ang VAT nito. [9:56] Pinanghahawakan natin ang utos na yan bilang opisyal na direkso ng [10:03] pamahalaan. Maaring maliit ang isang charge kapag tinignan sa isang bill. [10:10] Pero kapag kinuleta sa milyon-milyong tahanan buwan-buwan, bilyong-bilyong piso iyan. [10:19] Pero kung sakali, isang linya lang sa bill ang mabubura. Kung bubusisiin natin ang ating [10:27] buong bill, mas malaking bahagi niyan ang generation charge. Kasama rito ang [10:34] fuel at iba pang gastos ng industriya na ipinapasalo sa consumer. Ibig sabihin, kung sa [10:43] systems loss matatapos ang reforma, hindi pa rin mawawala ang totoong dahilan kung [10:51] bakit mahal ang kuryente natin sa bahay. Kinikilala natin ang mga tunay at lehitimong gastos [11:01] sa paglikha at paghahatid ng kuryente. Ngunit bago ito ipasok sa bill, dapat malinaw ang audit [11:10] at batayan na yan talaga ang pinakamakatarungang singil. Again, Mr. Chair, we welcome the [11:19] Order of the President. Ngayon, sundan sana ng aktual na bawas sa singil na mararamdaman [11:27] ng ating mga consumer. Salamat po. [11:30] Thank you, Senator Risa Ontiveros. Before we move on in here, our resource persons from [11:41] the utility sectors, I would like to ask our Chairman of the Energy Regulatory Commission, [11:49] Attorney Francis Juan. Narinig niyo naman po siguro, Attorney, Chairman, yung instruction po ng [11:58] Pangulo na it is a mission, our mission now. Pero I've been hearing after that [12:05] saw na yesterday, past few days na medyo mahirap, malaking malulugi, malaking kabawasan, [12:16] pag inalist systems law, 60 billion, mawawala sa mga distributors, generators, etc. [12:22] Your thoughts on this po? [12:25] Kung ito po ay ang ipag-uutos ng batas sa pamamagitan nga nung pag-amienda nung [12:31] Section 43F at hindi na maaaring masingil yung gastusin na associated doon sa system [12:40] laws, ito po ay aming i-implementa ng buong buo ng naaayon doon sa amienda. [12:47] Ang mga concerns lang po na naglabasan matapos nga po yung SONA ay yung maaaring impact [12:55] nito sa operasyon ng ating mga distribution utilities. Kasi ito pong system laws, [13:01] ito ay associated, hindi doon sa kanyang negosyo ng distribution, kundi doon sa [13:07] pag-procure niya ng generation ng supply at ito naman ang kanyang i-deliver or [13:15] di-distribute sa kanyang mga consumers. Dahil po doon sa prinsipyo ng pass-through na [13:21] pinaiiral natin, ang mga distribution utilities ay pinapayagan natin sa [13:26] kasalukuyan na mabawi yung gastusin na yun na associated dyan sa kuryenting [13:32] kinuha nila mula sa generation companies pero hindi na aktual na naihatid sa mga [13:39] customers nila. At kung ito po ay gastos na hindi naman maiwasan yung mga technical [13:47] losses. So kakailangan nilang po ng pagde-decision kung ano ang magiging [13:53] mekanismo na para ito ay mapaghatian o kuya yung burden ay mapasan hindi ng mga [13:59] consumers kundi ng ating mga utilities o kaya naman ay yung iba pang stakeholders [14:05] sa ating power sector kasama na ang generation at transmission. [14:11] Pero Mr. Chairman, dalawang klase po ang systems laws. Sa ilalim po nito, isa [14:20] technical, yung sinasabi mo law of physics para pong walang iniwan yan. Pag nag-order [14:27] ako ako isang restaurant, nag-order ako ng isang blocking yelo sa isang ice plant. [14:33] Pag diniliver po sa restaurant yun, lalo pag na-traffic pa, medyo natutunaw na po, [14:40] bawas na po, di po ba? That's law of physics. Pero meron din pong non-technical [14:46] ang systems laws. Ito po yung mga pilferage, ito po yung mga jumper, ito po yung [14:53] mga illegal connection, e na-charge din po sa taong bayan. And I believe this is not [15:02] the problem anymore ng mga consumer. Dapat sagot na po yun ng distributor kasi [15:09] ninakaw po sa kanya, kinuha po sa kanya, wala pong iniwan yan. And I will cite you [15:15] an example, siguro Mr. Chairman. Sa mga tindahan na lang po, yung [15:22] nangyayari po ngayon, nagja-jumper, may mga pilferage din po ba? Para sa tindahan ni [15:28] po, may shoplifting. Kailangan ba i-charge na tindahan dun sa customer [15:32] niya na susunod? O, nasapliftan kami. Or internal theft, empleyado mismo [15:38] yung nagnakaw, babayaran ng customer. So, ito po yung dapat pag-aralan din [15:44] natin ninyo sa ERC. Kasi po pwede. I was reviewing this for the past two [15:50] nights. Nakita ko po pwede, systems loss po doon po sa non-technical. [15:56] Kasi po talagang hindi naman po law of physics yun, e. Hindi po nag-evaporate [16:01] ni po ba? Will you agree with me? Na dapat, hindi na po i-charge ito sa atin [16:05] itong non-technical systems loss. Your thoughts? Opo, we agree to that na [16:13] itong non-technical system loss, ito may bahagi dito na kontrolado ng ating [16:19] mga distribution utilities. Maaring pag-ibayuhin nila ang pagbabantay sa [16:25] kanilang distribution system at nang makita kung mayroong mga nagnanakaw [16:31] yung may mga illegal na koneksyon. Pero po, ito nga din ang pinakaunang [16:37] naging batayan doon sa RA 7832. Kaya ito nga pong system loss caps [16:42] ay naunang nailagay dyan sa batas na yan dahil ang layunin talaga ng batas [16:47] ay mas mapababa yung level ng non-technical system loss dahil ito nga pong [16:53] batas na ito yung anti-pilfridge. At nagkaroon lang ng pagbabago ito [16:58] sa EPIRA nung sinabi na ang ERC na ang magdesisyon ng pagtatakda ng [17:05] system loss cap pero nilagay doon yung mga batayan, yung mga konsiderasyon [17:10] na aming dapat nasundin. Ito yung mga technical consideration. So parang [17:16] lumalabas nga din po doon sa EPIRA na maaaring tingnan itong non-technical system loss [17:23] at magkaroon ng regulasyon para ito ay ma-minimize na ang pangungulek [17:30] na ang pangungulek sa mga consumers po. Thank you Sir Chair. Go ahead. [17:35] Pwede naman kasingit na Mr. Chair, bago kasi ayoko lang iwanan maganda [17:39] yung in-open nyo po. Kasi napansin ko pa rin noon, dati pag meron [17:44] mga nagja-jumper na banggit nyo, mga illegal connection, hinahabol ho yun [17:49] tsaka hinahabla. Pero ngayon dahil siguro dahil dito sa systems dos, eh hindi [17:54] na hinahabol, wala na rin naghahabla. Kasi nababawi na ng mga [17:59] distribution, electric companies yung nawala nila. Pero dapat matuto [18:04] dahil naalala ko pa ito, Mr. Chair, ng Mayor Pocos, nagtataka ko noon [18:08] nung wala pa ito. Nagtataka kami bakit yung isang utility namin [18:13] ang taas ng electric bill. So nung pinahanap ko sa engineering department namin, [18:20] nung pinutol, aba, yung buong barangay halos nawala na kuryente. [18:25] Pero hinahanap noon, inaalam natin. Kasi hindi dapat pasanin [18:30] ng mga ibang consumer, halimbawa in this case, yung mga taxpayer ng San Juan, [18:34] yung bagay na hindi sila ang gumamit. So yun ang ano na, tama ho yun. [18:40] Kaya ako sumingit, Mr. Chair, dahil yung in-open nyo po, eh parang napansin ko [18:46] hindi na naghahabol ng mga nagja-jumper, mga nag-i-illegal connection, [18:50] kasi nga po, nababawi niyata dahil sa systems laws. [18:53] Pero hindi dapat magiging responsibilidad ng mga ordinary mamamayan [18:57] na hindi nila ginamit. [19:00] Thank you, Senator JV. And sa mga electric cooperative naman, [19:08] Attorney Lee, you're from NIA, right? Di po ba parang 8 to 12 percent [19:18] ang systems laws sa mga electric cooperative? [19:20] Correct me if I'm wrong. And out of that, mas malaki po yung mga non-technical [19:25] sa mga pilferage. Ang report po sa inyo are your findings. [19:28] Non-technical yung mga jumper, illegal connection, di po ba? [19:35] Kung masayos lamang po siguro yan ng mga electric cooperative natin, [19:38] bababa din po ng halos 8 percent po yung siguro ng ikang systems laws na yan. [19:47] Tama po ba, Attorney Lee? [19:52] Good morning, Mr. Chair, and to the honorable members of the Committee on Energy. [19:56] Yes, Mr. Chair. In fact, NIA is monitoring the system laws data submitted by our electric cooperatives. [20:06] In that regard, generally, as part of the bill, the system laws which is reflected in the bill generally is about 5 percent. [20:22] However, the data submitted to the national electrification by our electric cooperatives across the country is verified by the ERC. [20:33] At present, there is the clustering provided by the ERC through a resolution that identifies the different caps. [20:47] If I may mention, example, for off-grid, the cap is 12 percent. That is allowable. [20:54] Now, if our electric cooperatives goes beyond the cap, then it is the electric cooperative that shoulders it. [21:01] But still, attorney Lee, I mean, to 12 percent, medyo malaki po yun, lalo na pag sa mga probinsya, no? [21:09] Kung aalisin po yung non-technical, kasi ang malaking part po yata sa 12 percent cap na yun, nasa non-technical. [21:20] So, inapaliwanag po sa atin yan ng ilang po mga engineer, kasi nga po yung reason why I learned about it, dalawang klase po pala yung systems laws, yung sinasabing non-technical or technical talaga na nag-evaporate lang because of physics. [21:39] Pero yung non-technical, yun ang malaki-laki sa mga electric cooperative eh. [21:44] Dahil kulang yung mga linya, may mga jumper. [21:48] So, kung aalisin po yung systems laws na yan, yung non-technical, yung malaki pong kabawasan sa bill ng mga kababayan po natin sa mga probi-provincia, di po ba? [21:59] Yes, I agree with the observation of the committee chair, and that is why there is this attempt from the National Electrification Administration to segregate or identify which part of the overall system laws of an electric cooperative is technical and non-technical. [22:20] Although, admittedly, because of the long lines of the distribution lines of the of our electric cooperatives in the rural area, it also contributes to the technical technical laws. [22:40] All right. Thank you very much, attorney Rosan Rosero Lee. [22:44] We would like also to acknowledge the presence of our Senate president, Senate President Wingat Chayyan. [22:50] Thank you. [22:51] We move on. We will now hear from the remaining representatives of the utility sector, industry association, consumer and advocacy groups who were unable to present during the first public hearing. [23:05] We respectfully request all resource persons and representatives to please limit your presentations to three minutes. [23:14] Kasi marami-rami po. Mga kaharap po ninyo yan. [23:16] Yes, limit your presentation to three minutes unless otherwise recognized by the chair for more detailed presentation. [23:26] Go ahead, Senator Risa. [23:27] Salamat, Mr. Chair. Bago lang po yung iba nating resource persons. [23:31] Follow up po dun sa unang topic. [23:35] Sabi nga po ni... [23:36] Well, and a quick observation. [23:38] I agree na dapat iba ang treatment natin sa mga electric co-ops kahit sa usapin ng systems loss charge kumpara sa treatment sa private distributors for the simple fact na ang electric co-ops ay non-profit entities at sila po yung nagbubukas at unang nagsiserve sa mga missionary routes. [24:00] So, but follow up po dun sa unang line of questioning. Sinabi nyo nga po, Chair Juan, na kung ipag-uutos ng batas, itutupad ng buo ng ERC yung pagtanggal sa systems loss charge at yung VAT doon. [24:20] Pero meron ng, sabi ko nga kanina, malinaw na policy direction na hiningi ang presidente sa amin dito sa kongreso. [24:27] So, Mr. Chair, gusto ko rin itanong sa DOE, parang mixed signals kasi yung naririnig in the past few days pagkatapos nung sinabing iyon ni presidente sa SONA. [24:39] So, aside from ERC, on the part of DOE, meron din po bang mga hesitation or even resistance on the part of the department o na naobserbahan nyo sa ibang mga stakeholders? [24:54] Good morning, ma'am, and good morning, Chair. [24:57] On the part of the DOE, we're in support, of course, of the directive of the president. [25:02] That's why immediately the secretary calls for meetings with the ERC and the NEA on how to handle this. [25:08] And we have learned that there are really some items that we need to discuss further so that we do not unnecessarily have a negative effect on the industry as a whole. [25:23] So, we have identified already, as mentioned, there are two different kinds of systems, the technical and non-technical. [25:32] And we do intend to work with the other agencies and the stakeholders in order to lessen this system's loss by infrastructure, collection efficiency, [25:45] and by giving the assistance necessary to the E-system to be able to put up the necessary infrastructure in order to avoid these technical losses. [25:56] Thank you, ma'am. Thank you. [25:57] And based, Mr. Chair Yusek, on at least yung initial meetings, paano po ipatutupad at paano i-operationalize ng DOE, iyang policy direction na si NET sa SONA? [26:11] Actually, ma'am, initially, we would be giving instructions as far as the non-technical losses are concerned in order to give them the direction. [26:22] They would have to be, as mentioned by the chair, to be more vigilant in watching out for the pilferage under the RA that has been passed in 1994. [26:37] Maybe it's something that we have to also consider in this discussion. [26:44] We have to adjust already with the help of the ERC on what is actually allowable. [26:51] Because what's happening is there is a range, and anything that is beyond that, [26:57] alam na rin nila as a parang self-regulating na, if you go beyond that, sagot nyo na eh. [27:02] It's really determining what is the optimized or the appropriate percentage that should be allowed that should only cover mostly by the technical losses rather than the non-technical. [27:18] So we'll be coordinating, of course, with Nea. [27:21] And as you have mentioned, madame, that there are some intricacies in so far as treatment between the private use and the AC. [27:30] So the objective is for ERC to actually have the peg, the appropriate rate that would be applicable for each and every DUT and cooperative, ma'am. [27:46] A use that, Mr. Chair, did you mention 2094? [27:49] 1994. [27:51] Sorry, sorry. [27:52] Okay po. [27:52] 1994. [27:53] Oh, kasi at nabanggit nyo rin po yung ERC. [27:57] So Chair Juan, Mr. Chair, may timeline na po ba kung kailan maaasahan ng ating mga consumers itong pagpapatupad ng pagtanggal ng systems loss charge at VAT sa charge na yan sa ating mga bills? [28:13] Ang ginagawa po namin ngayon, while naghihintay kung ano ang magiging final na version ng pag-amienda sa EPIRA, ay tinitingnan po kung paano pa mas mapapababa yung cap at ano yung reasonable mga bagong cap na maaaring ipatupad para sa ating mga distribution utilities. [28:35] Tinitingnan din po namin yung non-technical system loss, yung component na yan na kung maaaring nang bawasan pa ng mas malaki ang pagbawas kasi nga ito po ay within the control. [28:48] Of course, hihiling din kami, syempre na matingnan din natin yung original na batas, yung anti-pilferage act. [28:56] Dahil po, gustuhin man ang ating ilang mga distribution utilities na talagang manghuli, pero po may mga proseso din kasi na sinusunod sa panguhuli nila. [29:09] At kadalasan, kung meron silang isang mamali na pagsunod doon sa proseso, halimbawa ay yung pagsasama ng isang officer of the law doon sa inspection [29:20] that would lead to the discovery of the illegal connection, kapagka po wala yun, hindi po ma-penalize yung consumer na yun na nagnanakaw ng kuryente. [29:34] So maaaring din po tingnan natin yung batas na yun, nang sa ganon ay magkaroon din naman ng kaukulang parusa doon sa mga consumers na nagnanakaw ng kuryente. [29:45] Dahil po ang lumalabas din ngayon, ang ERC pa ang nagagamit para maproteksyonan itong mga ganitong klaseng gawain. [29:54] Dahil po kung sila na ay hinahabol ng kanilang utility, ang gagawin lang po nila ay magpapile sa amin ng consumer complaint [30:02] at mahihinto na yung apprehension at yung disconnection. [30:07] At sa kalaunan, kung mayroon talaga silang hindi nasunod doon sa proseso ng apprehension, [30:14] ay wala kaming choice but to declare na yung panguhuli na yun ay hindi naayon sa batas. [30:21] So ito po yung mga ginagawa namin. [30:23] At base doon sa datos na nakarating sa amin, tinignan po namin ang performance ng bawat utility. [30:29] Para po sa mga private utilities, as of 2024 na datos nila, tinignan po namin from 2020 to 2024, [30:38] mayroong walo na na mga distribution utilities ang nag-ooperate within the cap. [30:43] At mayroon pa rin labing dalawa na hindi. [30:46] Sa mga ECIS na may 12% na system loss, marami dito ang nasa within the cap na of 12%, [30:54] labing isa versus yung tatlo na over the cap. [30:57] Sa EC Cluster 2, yung 10.25 na cap, 42 ang within the cap at may 31 ang wala. [31:05] At doon sa EC Cluster 3 na 8.25 ang feeder system loss cap, [31:09] mayroong tatlo na within the cap at apat na nasa labas. [31:13] So ibig sabihin po, tinitingnan namin kung saan pa namin pwede na itong mga caps na ito [31:19] ay mas-mas mapapaba. [31:21] Nang sa ganun ay habang naghihintay doon sa pag-amienda ng batas [31:27] na talagang magtatanggal na sa system loss ay naibaba na natin kahit paano [31:31] yung gastusin na ito ng ating mga consumers. [31:33] Pero po, tinitingnan din namin kung ano pa yung mga nakapending sa amin na capEx applications. [31:38] Kasi marami rin po na nung mga nakarang taon na nakapending sa amin na capEx applications [31:44] sa mga distribution utilities na ang purpose ay patungkos sa pagpabababa ng kanila system loss. [31:49] At kung ito ay aming maaksyonan at ang ating mga distribution utilities [31:53] ay makapagsagawa nitong mga capEx projects na ito ay mas mapabababa nila. [31:59] So ang apin pong iniisip ay kung ibababa natin o tatanggalin ang system loss [32:04] ay bigyan natin ng abilidad o resources ang ating mga distribution utilities. [32:09] Para nang sa ganun ay makapag-operate pa rin sila viably [32:12] at hindi maapektuhan yung serviso naman sa consumers. [32:15] Well, Chair, Mr. Chair, bukod sa binanggit niyong parusa sa consumers [32:20] kasi ngayon palang parusa na sa consumers yung taas ng presyo ng kuryente [32:25] later on po ipursue ko yung matters tungkol sa technical systems losses [32:33] bukod po sa non-technical systems losses [32:37] at ipurpursue ko na rin pumamaya yung usapin ng cap [32:41] including possible price cap sa tulong ng ating mga resource persons. [32:49] So that's it for now, Mr. Chair. [32:51] Itutuloy ko na lang po mamaya. [32:52] Salamat po, Mr. Chair. [32:53] Thank you, Senator Risa. [32:55] Mabilisan lang po ng question. [32:57] I would like to get your opinion. [32:58] Attorney Juan, Yusek Inosensio, Attorney Lee. [33:02] Bakit hinayaan po natin? [33:04] Bakit hinayaan ninyo na singilin ng singilin ang taong bayan ng systems loss [33:11] doon na lang sa non-technical? [33:14] Yung technical, naintindihan ko po, law of physics po yun. [33:17] Parang yelo, natutunaw. [33:20] Pero yung non-technical, yung pilferage, yung jumper, yung illegal connection, [33:26] bakit hinayaan nyo ang mga distribution companies [33:30] na singilin kaming taong bayan na hindi naman namin kasalanan [33:35] na tayo ay pinaparusahan yung isang consumer [33:39] dahil ninakawan si Meralco o si whoever it is sa distribution utilities [33:44] e babawiin sa amin? [33:47] Why did you not act on it? [33:50] Why did you not do anything about it? [33:52] For several years, ngayon lang po na-discovery na mayroon palang ganito [33:57] na sinisingil kami ng systems loss, ng non-technical [34:02] dahil may pilferage, dahil may illegal metering, may nagja-jumper, [34:08] hinayaan lang po natin. [34:10] Did we do something about it? [34:13] Kung hindi pa nabanggit ngayon, kung hindi pa nabanggit sa SONA, [34:16] kung hindi pa nagkaroon ng hearing itong Committee on Energy last week, [34:22] hindi natin matataliso dito. [34:24] Bakit po nahinayaan natin? [34:26] Parang nag-we renege on our duties, di po ba? [34:31] Dapat po, trabaho nyo po ito na, [34:36] teka muna, bakit nyo sisingilin distribution utilities sa mga tao [34:39] sa kapalpakan ninyo, nag-illegal metering, nag-jumper, [34:44] sisingilin nyo itong consumer na ito, [34:47] paparusahan nyo itong consumer. [34:49] Why is that? [34:49] Why did we just let it go for several years? [34:53] Can you explain that po, Attorney Juan? [34:57] Gaya po ng nasabi ko, Mr. Chair, [35:01] ito pong pagkakaroon natin ng system loss cap ay nagsimula at nababatay doon sa [35:06] Anti-Pilferage Act noong 1990s pa, ito yung RA 7832. [35:12] At ang layunin nga po, nung pagkakaroon ng cap at yung pagpapababa ng cap na ito, [35:17] legislated cap ito, over time ay ibinaba, [35:21] ay para mapababa ng mapababa yung gastusing. [35:24] Relating to pilferage, kaya nga po anti-pilferage. [35:27] So, ibig sabihin po, doon sa batas na yan mismo, doon sa pulisiya na nakapaloob dyan sa batas na yan, [35:34] ay pinapayagan, this is a legitimate cost pero subject to a limit. [35:41] At ito nga po ang aming tinutukoy ngayon sa pag-aaral ng kung ano yung nararapat na cap, [35:49] bagong cap. [35:50] Kung itong para sa non-technical loss, ay totally pwede na natin ma-zero ang cap para dito, [35:58] nang sa ganon ay wala na po talaga maragiging recovery. [36:02] Thank you. Ito po yung hinahanap natin ng committee na ito. [36:06] Siguro unahin na po natin itong non-technical, itong mga pilferage, illegal metering, tampering. [36:13] Huwag na pong isingil sa mga kababayan natin, pati yung VAT na ito. [36:16] Anyway, moving on, let us now hear the representative from the First Gen Corporation. [36:26] You have three minutes. [36:31] Okay, San Miguel Global Power Holdings Corporation, you have three minutes, please. [36:39] Mr. Chair, Senators Anteveiros and Senator Enricito, good morning. [36:45] Thank you for having us in this hearing. [36:52] We support any measure that will strengthen government institutions such as the ERC, [37:01] and we certainly support any measure that will help the consumers. [37:08] Thank you, sir. [37:09] That will be all for us for this time. [37:12] Thank you very much, San Miguel Global Power Holdings Corporation, Comsec, who's next? [37:18] National Grid Corporation of the Philippines, you have three minutes. [37:23] Good morning, Mr. Chair. [37:24] May I call on our Assistant Corporate Secretary, Attorney Concepcion, to do the opening statement, a short one lang po. [37:30] Please. [37:35] Good morning, Mr. Chairman. [37:37] Good morning to the members of the Committee on Energy of the Senate. [37:41] The National Grid Corporation of the Philippines and its capacity as the country's transmission network provider and system operator expresses its gratitude for the opportunity to participate in this important discussion on ensuring that electricity remains affordable, reliable, and accessible to Filipino consumers. [38:03] NGCP fully supports efforts to enhance the performance of the Philippine electric power industry and strengthen the institutions tasked with safeguarding the public interest. [38:15] As the operator of the transmission highway that connects power generators, distribution utilities, and end users across the country, we recognize that the stable regulatory environment, sound market design, and coordinated energy planning are essential in achieving energy security and economic growth. [38:36] From our perspective, the challenges facing the power sector today are multifaceted. [38:42] While the transmission network continues to expand and modernize, the sector must also address concerns relating to generation adequacy, investment certainty, regulatory efficiency, transmission permitting, right-of-way acquisition, and the timely completion of critical energy infrastructure. [39:05] These factors collectively affect the affordability, reliability, and accessibility of electricity services. [39:12] NGCP believes that NGCP believes that NGCP believes that reforms should be guided by the principles of transparency, competition, regulatory independence, operational efficiency, and consumer welfare. [39:24] We likewise recognize the crucial role of the Energy Regulatory Commission in maintaining a fair, predictable, and responsive regulatory framework that balances the interests of investors and consumers while ensuring the continued development of critical energy infrastructure. [39:43] As discussions proceed on proposed amendments to the Electric Power Industry Reform Act, including measures relating to market competition, cross-ownership restrictions, public ownership participation, and the strengthening of regulatory oversight, NGCP remains committed to providing technical inputs based on our operational experience as the nation's transmission service provider and system operator. [40:10] Ultimately, our shared objective is clear. [40:11] Ultimately, our shared objective is clear to ensure that every Filipino has access to reliable, secure, affordable, and sustainable electricity that supports national development and improves quality of life. [40:23] Thank you, and we look forward to contributing constructively to the deliberations. Thank you, Mr. Chairman. [40:30] I have one question, attorney. How come sa Bisaya, sa may Cebu area, may binabayaran pa po ang mga consumer natin doon na parang nagre-renta ng linya dahil kulang daw? [40:43] What do you call that, attorney Lee, from NAYA? [40:47] Meron pong ganun eh, na line rental kasi daw po NGCP kulang po yung inyong infrastructure. Eh kaya nga po kayo nandyan, kaya binigay sa inyo, thinking, nagpagginawa ng privatize po yan, yung linya. Eh marami kayong mga lahat. [41:09] Pero mo, line rental, magbabayaran pa yung tao. May babayaran na siya sa Cebu na systems laws, may babayaran pa na line rental. Problema ba ng consumer? Yung pati linya ng kuryente, babayaan? [41:25] Alam nyo, I'm very disappointed. Inabuso nyo yung mga consumer kasi walang imik si Juan, si Maria. Can you explain that to us, NGCP? [41:36] Pati line rental, sinisingil sa consumer? How? Please, please explain. [41:45] Thank you, Mr. Chair. Just to clarify po, the line rental is actually a misnomer. Any line rental paid is not actually paid to NGCP, but it's the cost. [41:56] It's a premium on electricity that is cost when a line is technically overbooked because there is a power plant that goes offline. [42:05] So that sources from outside the island. [42:08] But the third day, parang it's almost every month sa mga power bills po na nakarating sa akin, nagsumbong po sa email ko, mga tiga Cebu, na they're paying for that. [42:19] Sino po binabayaran nila ng line rental? [42:21] It's a premium po on generation. [42:23] Ayun na nga po eh. Kasi nga, ang sinisisi naman ng mga generator, distributor, eh kulang po yung facility. [42:30] Hindi kaya nagre-rental dahil nagkaklag na raw dahil sa dami nang gumagamit. [42:34] Ayun, tanong po natin, bakit hindi hunin nyo dagdagan yung linya para wala na po tayong line rental? [42:41] Diyos ko po, Panginoong kumbayan, meron ng systems laws, may babayaran pa siyang line rental, patong-patong na po yung binabayaran niya. [42:54] Mr. Chair, natitrigger po yung line rental, quote-unquote. Pag nagkaroon po tayo ng unplanned shutdown ng mga planta, kaya po nagugulo yung balanse ng pagpasahan ng kuryente. [43:07] Pag nag-off po yung isang planta na wala sa schedule, kailangan po tayong mag-source sa ibang lugar, kaya dun po nawawala yung balanse. [43:15] It's a little bit more pronounced po sa Visayas dahil puro isla po sila. [43:19] So yung nagiging pangunahing sanhi ng line rental would be yung sa interconnections. [43:26] So pag meron pong planta na nag-offline at kailangan pong kumuha sa ibang lugar, makakaroon po sila ng premium on that other source. [43:37] Pero hindi po sa NGCP na pupunta yung premium na yun. [43:39] Okay, thank you, Attorney Alabanza. Attorney Juan. [43:42] Thank you, Mr. Chair. Para lang mabigyan ng konting background dito sa issue ng line rental or line loss at congestion cost, ito na po yung tawag sa kanya ngayon, LLCC. [43:55] Nakita po ng komisyon yan, yung problema na yan, a few years ago na nagsimula ang interconnection ng Mindanao at Visayas. [44:05] Dahil nakita natin na sa tuwing na re-reach na yung transfer capacity ng interconnection, yung HVDC na linya na yan, ay nagkakaroon ng pagkakaiba yung presyuhan sa Mindanao at presyo sa Visayas. [44:22] Yung pong ating kasing WESEM ay sa WESEM rules na pinasinaya ng Department of Energy, nandyan po yung disenyo ng ating WESEM na kung saan ang ating Pilipinas ay binubuo ng iba't ibang grid. [44:40] Ito ay nakabase doon sa mga lokasyon ng mga substation kung saan nakakonekta yung mga generation plants at saka yung mga distribution utilities. [44:49] So meron tayong nodes kung saan nakakabit, mga generator, customer. Meron namang mga nodes na customer lang ang nakakabit doon. [44:59] Dito po sa bawat node na ito ay nagkakaroon ng iba't ibang presyo. Ito po yung tinatawag natin na locational marginal price. [45:07] At ito po ay naitatakda, ang alam po kasi natin ang WESEM, nagkakaroon tayo ng isang planta, yung marginal plant, [45:16] na siya yung nagtatakda ng talagang presyo para sa trading interval na yan. Ito po yung tinatawag natin system marginal plant. [45:24] At yung offer niya na nanalo, ito po yung system marginal price. [45:28] Pero po, kada node ay hindi yan ang lalabas na presyo dahil ang susundin na presyo kada node ay yung locational marginal price [45:37] na binubuo, hindi lang ng system marginal price, but kasama na dyan yung cost ng line loss at cost ng congestion. [45:45] Ito po yung nabanggit niya, attorney ng NGCP. [45:49] So, ang nangyari po dito sa Visayas, sa tuwing nagkakaroon na supposedly isa lang yung SMP [45:56] at yung LMP ng bawat node, nakabatay dyan sa SMP na yan. [46:00] Pero dahil dito sa interconnection ng Visayas at Mindanao at nagkakaroon ng dalawang presyo, [46:09] yung pong mga ating electric cooperatives, lalo na sa Visayas, sa Region 8, [46:14] na nakakontrata ng generation na nanggagaling sa Mindanao, [46:20] ang kanila pong presyo, yung node nila, nakakonekta sila dito sa Visayas [46:25] na ang system marginal price na nagtakda ng locational marginal price nila [46:30] ay mas mataas kasi sa Visayas, mas mataas ang lumalabas ng locational marginal price [46:35] at sa Mindanao ay mas mababa. [46:38] Yung pong line rental ay kinakalkula batay doon sa kanilang bilateral contract quantities [46:45] na nakontrata mula doon sa planta sa Mindanao [46:47] at ang nangyayari po ay kumbaga dahil hindi nakatawid yung mas murang nakontrata nilang generation [46:56] mula sa Mindanao, ang nagsupply po nitong kuryente na ito na kanilang aktual na ginamit [47:02] ay yung mga plantang nanggaling sa Visayas na nagtakda naman ng system marginal price dyan [47:07] ay yung planta ng Visayas na mas mataas. [47:10] So ang nangyayari po, ang talagang gastos noong ating mga electric cooperatives sa Visayas [47:17] nakabatay doon sa presyo na yan noong planta ng Visayas [47:22] pero ang babayara naman nila aktual kasi nakontrata nila yung sa Mindanao na planta [47:28] ang babayara nila batay doon sa presyo na nasa Mindanao na planta na mas mababa. [47:35] So nakakaroon naman po, dahil yung line rental ay ginagamit natin pambalanse [47:41] ibig sabihin lang po nito, dapat makolekta mula doon sa mga customers [47:46] mula sa mga distribution utilities yung amount na sasapat para mabayaran yung planta na dapat bayaran [47:54] at dahil po sumosobra naman ang nakokolekta mula doon sa ating mga distribution utilities sa Visayas [48:02] at ang ibabayara naman nila sa Mindanao ay mas mababa [48:06] nagkakaroon po tayo ng tinatawag na net settlement surplus [48:10] at ito po supposedly ay ibinabalik doon sa kung sino ang nagbayad. [48:14] Unfortunately Mr. Chairman Juan, hindi po ganun na nangyayari [48:20] wala naman sila nakukuhang refund, papano ho yan, naibubulsa lang [48:24] Kaya nga po eh, masaklap nga ho doon. Bakit sila ang magbabayad? [48:30] Nagninegosyo ikaw, distribution na distributor, generator [48:34] Kapalpakan ninyo, yung tao, ang consumer, ang customer nyo magbabayad [48:39] Anong klase yan? Anong ibig sabihin? [48:42] Ayaw ninyo, whether you're distributor, whether you're the generator [48:47] Ayaw ninyo mag-incurne ng losses [48:49] Ang losses ninyo, sisingiling nyo sa taong bayan? [48:53] Why do you allow that? Why do you allow that ERC? [48:57] Why do you allow that DOE? Why do you allow that [49:00] National Electrification Administration? [49:03] Eh, all the while, simple lang naman po eh [49:05] Ako, hindi ako, hindi ako, wala akong alam dyan sa mga kuryente na yun [49:09] But listening to you right now, ito mga complaints na pumapasok ko sa amin [49:13] Ang sigaw ng taong bayan, bakit po kami lagi sinisingil? [49:17] Eh, problema niyan, bumagsak yung power niya [49:19] Kumuha siya doon sa kabila, dahil mas mataas [49:22] So, tataas din ang bill niya [49:24] Dapat hindi po, di po ba? [49:26] Kung ano man yung single talaga sa kanya, yun lang [49:28] Kasi, kasi sasabi mo, ay maganda, may refund na ito [49:31] Hindi nga po eh, wala nga akong refund [49:33] Yun ang masaklap doon na Atty.1 [49:36] At yun nga yung tinutukoy namin kung paano aayusin yung alokasyon ng net settlement surplus [49:43] Nang sa ganun, kung sino talaga yung nagbayad ng mas mataas na line loss and congestion charge [49:48] Sila yung mas malaking makukuhang balik [49:51] Noong surplus na yan na na-accumulate [49:54] Dahil nga mas mababa naman yung trading amount na kakailanganin [49:57] Para sa kabayaran ng mga generators na nag-supply ng kuryenting yun [50:01] Ito po ay nasa pinal na yung aming evaluation [50:04] Dahil po merong pending sa amin din na petisyon ang IMOP [50:08] At ito po ay talagang aagarin namin ang aksyon para maayos na po yung nangyayari sa Visayas [50:13] Alright, thank you Atty.1 [50:17] Sana po maayos po ninyo sa lalong madaling panahon [50:20] Dahil parusaw talaga ito, pabigat po ito [50:23] Andami ng pasanin, lahat pinasa na po sa consumer [50:26] Lahat po, wala ng losses ang mga power generators [50:31] Walang losses ang distributor [50:35] Wala po eh [50:37] Yung kanilang pagkalugi, sinisingil po nila yung consumer [50:41] Si consumer naman na walang kaalam-alam [50:44] Si consumer na kailangan niya talaga ng kuryente [50:47] No choice [50:48] You know, dapat po dati, ang electricity is luxury [50:52] Di po ba? [50:54] Pero ngayon ho, it's a necessity [50:56] Whether mahirap ka, kailangan mo ng kuryente [50:59] Dahil yung anak mo kailangan mag-aral [51:02] Yung anak mo may sanggol ka, kailangan ng electric pan [51:05] Kailangan mo nang, hindi mo pwedeng paypayan lang yung baby mo maghapon [51:09] Ito yung siguro nasa isip pa rin natin [51:12] Para tayo nung dekada 70, 80 [51:15] Na ang electricidad ay for luxury [51:18] Hindi po eh [51:19] It is a necessity now [51:21] Electricity [51:23] Para na rin po itong bigas [51:24] Para na rin po itong pagkain [51:27] Why do we have to do that? [51:29] Lahat ipapasa natin sa taong bayan [51:32] This is very, very unfair [51:34] Anyway, Komsek, who's next to present? [51:38] Oriental Mindoro Electric Cooperative [51:40] You have three minutes [51:41] Honorable Senate, President [51:45] Honorable Senators [51:46] Distinguished guests [51:48] Ladies and gentlemen [51:49] Magandang umaga po [51:50] On behalf of the Oriental Mindoro Electric Cooperative [51:53] I extend our sincere gratitude for giving us the opportunity to present the realities faced by our electric cooperative and the people of Oriental Mindoro [52:02] Electricity is more than the commodity [52:05] It's a basic necessity that powers our homes, hospitals, schools, and businesses, and the local economy [52:12] For the people of Oriental Mindoro [52:14] Reliable and affordable electricity is essential to improving lives and sustaining development [52:20] However, as an off-grid electric cooperative [52:23] Solely distribute power in the province of Oriental Mindoro [52:26] Serving more than 200 member consumers [52:29] Our mic operates under conditions that are fundamentally different from those other utilities connected in the national grid [52:36] Our recent experience has shown how vulnerable isolated power systems, to fluctuating ROE generation, fuel supply disruption, delays in the implementation of power procurement and projects, regulatory bottlenecks, and rising generation costs [52:54] These challenges resulted in prolonged dependence on expensive emergency power, increased electricity rates, and financial strain on both Ormeco and our member consumer owners [53:06] Despite these difficulties, Ormeco remained committed to ensuring that electricity continued to reach every household and businesses in Oriental Mindoro [53:15] For this reason, we respectfully urge the Honorable Senate to consider policy reforms that will strengthen the energy security of all up-grid and missionary areas [53:26] First, we respectfully recommend the establishment of an energy security framework for up-grid electric cooperatives [53:34] This framework should include contingency planning during RE fluctuating generation, fuel security measures, emergency financial assistance, and strategic support during crisis like this [53:46] To ensure that electric cooperatives can continue delivering power without placing entire financial burden on consumers [53:55] Second, we seek your support in in-streamlining regulatory approvals [53:59] During a power shortage, every day of delay in approving power supply agreements, interconnection, testing and commissioning means another day that consumers rely on costly emergency generation [54:11] Up-grid electric cooperatives simply do not have the luxury of waiting through lengthy regulatory processes, while communities continue to suffer from unreliable electricity [54:21] Third, we respectfully ask for the reforms in the release of the Universal Charge for Missionary Electrification subsidies [54:29] Timely subsidy releases are vital to sustaining the operations of power providers serving isolated grids [54:39] Delays in these subsidies weaken the financial capability of Gennet of Ormeco and fast-tracking the regulatory approvals necessary to bring new generating facilities into operation [54:58] So this immediate intervention will help stabilize electricity rates, improve supply reliability, and protect the welfare of our consumers [55:06] Honorable Senator, on behalf of Ormeco and more than 200,000 member consumers that we serve, respectfully ask for your continued guidance [55:15] Legislative support and partnership in building the energy sector that is resilient and affordable for every Oriental Mindoreños [55:23] Regardless of where they live. Maraming salamat po [55:26] Thank you, Ormeco. Pero ma'am, tanong ko lang nga mong ho, nag-rally lang yung mga consumer ninyo last week dahil sa taas ng kuryente ninyo at pangit pa ang servisyo [55:42] Hindi ba kayo sinasubsidize? Di ba may subsidiya kayo mula sa National Electrification Administration? Anong reason? Bakit? [55:49] Sa ngayon po, Mr. Chair, ang amin pong supply is mixed or blended. Meron po kaming tinatawag na subsidized dun po sa mga regular IPPs namin and yung mga na-approba na po ng ERC under 57MW [56:07] However, meron pa rin po kaming supply na nanggagaling sa emergency power. Ito po yung mga supply kung saan sila po yung sumasalo kapag kagaya ng amin sa panahon ito po ang renewable energy sources namin ay mababa [56:22] Minsan po walang takbo and wala po itong penalty. And then ang amin pong iba sa 57MW na inaasahan po namin na tumatakbo na dapat [56:34] This is 24MW po sana na tumatakbo na. Within this year, hindi pa rin po sila nakakapag-deliver sa Ormeco [56:43] Kasi ma'am, kung hindi nyo na ho kaya mag-deliver ng kuryente dyan, marami akong nakakausap na gustong pumasok dyan. Sa totoo lang, may mga Chinese company, may mga European. Gusto pong pumasok talaga. Hindi ko lang nga maintindihan eh. Bakit kayo pa ang patuloy na patuloy nag-ooperate? [57:03] Sa totoo lang ho, sinusuka na kayo ng mga consumer. Sinusuka na kayo ng mga tiga-Oriental, Mindoro. And that's a fact. Yung utol ko pa rito sa Sen. Rafi Pan-Chairman, problema na kayo. Bago pa ho siya, problema pa rin. Hanggang ngayon, hindi na natapos-tapos. Baka abutan pa kayo ng mga apoko pag naging senador isang araw ngayon, ganun pa rin ang problema. [57:24] Sama. Attorney Rosenlee, anong magandang gawin dito sa Ormeco? Laging brownout na lagi, mataas pa sumingil. Hindi na nahiya, Diyos ko po. [57:38] Yes, Mr. Chair. Aren't they subsidized? They are receiving subsidy from the government considering that they are off-grid. [57:47] Okay. So they are getting a share on their subsidized approved generation rate from the UCME. [57:53] All right? Yes. However, as explained, Walnea has been pushing for the utilization of renewable energy so that it can be blended in their energy mix in the effort to lower their rates other than the subsidized amount or portion that is taken from the national government through the UCME. [58:16] So kailan ho kaya na makatikim yung mga tiga Ormeco ng dirett-diretso na walang brownout? [58:23] Kasi may brownout na, may mataas pa ng presyo, dalaw-daw, doble-dobling pasanin. [58:29] Sa ano ho kaya ang plano nito? Energy Regulatory Commission, maybe you could help. Ano ho nga solusyon kaya dito sa mga tiga Mindoro Oriental? [58:37] Thank you, Mr. Chair. Sa pagkakaalam po natin ay may mga programa ang Department of Energy at isa na dyan ay yung paganahin yung transmission line na makukonekta sa Mindoro Oriental at saka yung Occidental. [58:51] Dahil po lalaki yung merkado, mas makakahikayat na tayo na mayroong mamuhunan dyan na mas malalaking planta nang sa ganon ay matugunan yung problema ng supply. [59:00] At hindi yung nangyayari ngayon na pautay-utay ang pagtatayo ng mga planta at karaniwan pa ay diesel. [59:08] Sa parte naman po ng Energy Regulatory Commission, mayroon po kaming binalangkas na at paano ka lang distributed energy resources rules para sa off-grid. [59:17] Dahil nakita po natin na malalawak naman din po itong mga islang ito, itong mga off-grid areas na ito. [59:23] At mayroon dito mga commercial establishments, mga industrial establishments. [59:27] Ang gusto po natin ay mahikayat itong mga may-ari ng mga ganitong establishments na maglagay sila ng sarili nilang mga solar installations. [59:35] At kung sila ay mayroong extra na mapuproduce, ito po ay ibibigay nila sa kanilang mga cooperatives dito in the case of Mindoro or MECO. [59:46] At sila po ay mababayaran, equivalent doon sa sagar, yung socialized. [59:50] At dahil po ito ay sagar ang presyong ibabaya dito sa mga distributed energy resources na owners or operators, [59:59] makakabawas po ito doon sa pangangailangan na isubsidize yung generation cost ng off-grid ng Mindoro. [1:00:08] Dahil po kung madidisplace niya yung generation, lalo na ng diesel, mas mababa ba ang actual true cost generation. [1:00:16] Ngayon po, kasama dito yung insentibo sa Renewable Energy Act na cash incentive na po pwede rin ma-access ng ating mga distributed energy resources owners or operators. [1:00:28] So ito po, ang ginagawa lang natin dahil kung fully contracted naman ang cooperative, ang ORMECO halimbawa, [1:00:36] magpapatupad tayo ng priority dispatch para doon sa export ng mga distributed energy resources. [1:00:42] Nang sa ganun, itong mga diesel na nakontrata na ng ORMECO o kung sino pang off-grid EC, sila po ay standby na lang. [1:00:51] Maaring babayaran pa rin sila ng capital recovery fee nila. [1:00:55] Pero at least, hindi na sila gagastos ng fuel dahil po kada isang kilowatt hour na mapuproduce ng diesel. [1:01:04] At tumbas po ito ng one-fourth ng cost ng litro ng diesel. [1:01:08] So malaking bahagi talaga po ng fuel, ng generation cost ng mga off-grid areas natin ay yung fuel cost. [1:01:16] At kung ito ay madidisplace ng renewable, mapapababa na natin at madadagdagan pa yung capacity doon sa mga off-grid areas po natin. [1:01:25] So for now, ipasadyos na lamang yung brownout at saka yung taas ng presyo. [1:01:31] Tumingala na lang siguro yung mga kababayan natin sa Oriental Mendoro. [1:01:34] Wala ba talaga immediate solution dito? Kasi I'm not going to ask or MECO anymore. [1:01:38] Kasi nakailang hearing na rin, pinapanood ko ito dati, ang daming palusot, ang daming excuses on the government side. [1:01:45] What can we do about this? Do we have to shut it down? [1:01:48] Siguro i-cancel na yung lisensya nila, ibigay na lang sa iba. [1:01:53] Kasi marami naman po nagbo-volunteer na gustong pumasok po dyan. [1:01:57] Di po ba? I don't know. Yung sinasabi mo, agreeable ako doon. Siguro yung linya from Oriental to Occidental, maraming papasok na i-kanga ng mga investors. Gusto po nila. [1:02:10] So siguro why don't we talk to NAPOCOR or to the NGCP? NGCP, kaya ba nalagyan na ng linya lahat ng buong mundoro na yan? Are you doing that now or is it NAPOCOR? [1:02:23] For the interconnection po to the main grid, we already have an ongoing Batangas-Mindoro interconnection project. [1:02:31] Kailan po matatapos yan? [1:02:33] For the submarine cable, 2028. For the overhead lines, 2029 po. [1:02:41] So kailan mararamdaman ang mga kababayan natin sa Mindoro na tuloy-tuloy na yung kanilang power? [1:02:47] Of course, Mr. Chair, subject po dun sa existence ng supply. But pagpagnatapos po yung overhead, which is in 2029, makakasource na po ang Mindoro Island from the main grid, which is Luzon. [1:03:01] Alright, thank you, Attorney. [1:03:04] Comsec, who's next? [1:03:06] Palawan Electric Cooperative, you have three minutes. [1:03:10] Mr. Chair, if I may, before the Palawan Electric Co-op. [1:03:13] Go ahead. [1:03:13] Salamat, Mr. Chair. Additional point of information lang, kaugnay nung naunang pag-uusap natin, na with all due respect po sa Attorney Rosano, [1:03:24] NEA never subsidizes the co-ops. [1:03:27] Nagpapautang lang po, tama po, no? Nagpapautang lamang po ang NEA sa mga co-ops. [1:03:32] So, consumers po talaga ang nagsasubsidize sa fuel ng NPC at mga new power providers sa pamamagitan ng UCME. [1:03:41] Just for the record, Mr. Chair. [1:03:44] Alright. [1:03:45] Palawan Electric Cooperative, you have three minutes, sir. [1:03:50] To the honorable chair and members of the Senate, heads and representative of government agencies, and all other distinguished participants of this public hearing, good morning. [1:04:00] On behalf of our General Manager, Engineer Resch El Contrivida, I am Engineer Ruhel G. Baylon, Jr., the current manager of Palawan Electric Cooperative's Corporate Planning Department. [1:04:11] The Palawan Electric Cooperative, or Palawan Electric Cooperative, or Palawan Electric Cooperative, expresses its support for Senate Bill Number 1950, 2109, 346, 367, and 63. [1:04:22] While respectfully proposing several amendments and recommendations aimed at better protecting electricity consumers in strengthening the electric operative sectors. [1:04:34] First, on Senate Bill No. 1950 and 2109, or the proposed amendments to the Electric Power Industrial Reform Act, to be considered the following concerns. [1:04:44] Palikor recommends expanding proposed tax exemptions or zero rating beyond generation to cover the entire electricity supply chains, including generation, transmission, distribution, and electric operatives. [1:04:58] This would reduce cost passed on to the consumer and improve the financial and operational sustainability of electric operatives. [1:05:07] Then, for off-grid electric operatives, we are not connected to loss-on-grid. [1:05:14] Palikor notes that WSIM is not currently applicable in that they rely on our bilateral contracts within PPS. [1:05:23] So, when long-term PSEs are pending ERC approval, cooperatives may need EFSA to bridge the gap, which can expose consumers to higher trococineration. [1:05:35] Palikor therefore recommends allowing qualified off-grid cooperatives to enter into Transitary Power Supply Agreements, or TPSA, while awaiting for approval of the long-term PSEs with appropriate government subsidies. [1:05:54] Palikor also calls for the streamlining of LGU permitting, affecting the SITU Electrification Program, Barangay Line Enhancement Program, to speed up the electrification of its household beneficiaries of this project. [1:06:10] Then, for renewable energy projects under the COECSP, Palikor recommends to increase the 10-megawatt allocation for electric cooperative with an allocation based on its cooperative's forecasted demand, to lower down the effective rates, and two, to save the UCME subsidy. [1:06:43] Then, second, Senate Bill No. 34637, which seeks to strengthen the Energy Regulatory Commission. [1:06:52] Palikor support reforms to strengthen the ERC. [1:06:55] It believes a more independent, professional, transparent, accountable, and adequately funded ERC would improve regulatory decision-making, consumer protection, and overall stability and reliability in the power sector. [1:07:08] Then, lastly, the Senate Bill No. 63, which seeks to enhance the implementation of the Lifeline Subsidy Program. [1:07:17] Palikor supports strengthening the Lifeline Subsidy Program for low-income and vulnerable electricity consumers. [1:07:23] However, it recommends that the subsidy be funded primarily through national government appropriations, rather than relying heavily on contribution from the land Lifeline Consumers. [1:07:34] Then, Palikor agrees that government funding would be a fairer, more transparent, and more sustainable approach, and would prevent additional financial burden on other consumers already facing rising electricity costs. [1:07:54] Then, regarding system loss, Palikor has done its best to keep system loss at a single-digit level. [1:08:00] We are willing to follow any law or fallacy that will help lower electricity costs and make power more affordable for our consumers. [1:08:09] Our only request is for our regulating agencies to provide clear guidance on how these laws should be implemented. [1:08:16] This will help ensure that we can comply properly without affecting the financial stability of the electric cooperative and our ability to continue providing service. [1:08:28] So, in closing, Palikor remains committed to supporting fallacies that promote affordable, reliable, and sustainable electricity services, protecting the interests of our consumers, and strengthen the electric cooperative sectors. [1:08:42] Thank you very much and good morning, bullet. [1:08:43] Alam mo, Engineer Rogelio Bailon, kaba nagsasalita ka, yung mga kaibigan ko at kamag-anak sa Palawa, nagtitex, at natatawa lang sa pinagsasabi mo. [1:08:56] Kasi, alam nyo naman ko siguro, pag pumunta ako doon, pag dumadalo ako, 3 days, 4 days, walang araw na hindi, 3 days, na hindi nag-brown out. [1:09:07] Kaya ang ginawa ko po yung sa opisina ko po doon, pinalagyan ko po ng generator dahil wala po kang tiwala. [1:09:12] And did you know, kaya po hindi yung mga senso ang Palawan, hindi po wala po nag-i-invest? [1:09:17] Because brown out po lagi, yung mga kumpanya, yung mga hotel na gustong pumasok, kailangan nilang maglayay ng mga generators po. [1:09:25] Maingay po yung generator eh. Wala po silang maasahan. [1:09:30] Lagi nilang po brown out. At tapos, para di kayong orme ko. [1:09:34] Brown out na sobra-sobra, tapos napakataas pa ako ng singil. [1:09:39] Eh sinasabi nyo kanina, puro yung tinutulak nyo yung problema sa gobyerno, ganito, ganon. [1:09:44] Tinutulak, parang wala kayong gagawin. [1:09:47] Lahat, inasa sa NEA, inasa sa ERC, wala man lang kayong gagawin. [1:09:54] Kayo ng dalawang, hindi porkit off-grid kayo, wala na magagawa. [1:09:59] Bakit may mga probinsya naman ng mga off-grid? [1:10:01] Mga panay na yan, hindi naman panay-panay ang brown out o ilo-ilo. [1:10:06] Eh bakit kayo, Bindoro, Palawan, mga notorious sa brown out? [1:10:12] Kasi ba, hindi nakakarating ang sumbong ng mga tao, doon mga kababayan natin? [1:10:17] Kung hindi naman po ninyo kaya, marami pong gusto mag-invest. [1:10:21] I believe yung NGCP, gusto nilang magtayo po ng linya dyan yata. [1:10:27] Did I hear it right, Attorney Alabanza? [1:10:30] I heard from some of your executives. [1:10:31] They're willing to put up lines, yung independent na linya from north to south, from Tai Tai all the way to Batarasa? [1:10:42] Para magkaroon lang ng linya, tapos para pumasok, maraming investors na gustong pumasok? [1:10:49] Yes, Mr. Chair, for so long as we have regulatory and legal support, we will be, of course, willing. [1:10:54] You see that? Hindi ho kasi kayo nage-effort, inasaan nyo lang lahat sa agency, ERC, DOE, NIA. [1:11:05] Total, may subsidiya, pero yung sinasabi nga na Sen. Dora Risa ay subsidiya pala. [1:11:10] Tao pala nagsisubsidiya sa inyo. [1:11:13] Nagpapautang ang NIA. [1:11:16] Diyos ko po naman. [1:11:17] I don't know. [1:11:18] Kung hindi na ninyo kaya, ibigay nyo lang sa iba. [1:11:21] Marami hong gusto pumasok sa maglagay ng kuryente, paleko or meko. [1:11:29] Okay, who's next? [1:11:32] Peninsula Electric Cooperative, you have three minutes. [1:11:36] Mr. Chair, present sir, and to all the honorable members of the committee, as well as the guests in today's hearing, good morning. [1:11:43] As one of the front lines towards electricity distribution, Penelco welcomes reforms aimed at strengthening regulatory mechanisms, [1:11:50] enhancing rate transparency, and easing the cost of living for Filipino families. [1:11:55] With this in consideration, allow me to present Penelco's ground-level operational experience. [1:12:01] Una po sa issues sa tumatas na singil po ng kuryente. [1:12:07] Sa kasalukuyang instruktura po ng energy billing sa Pilipinas, [1:12:11] consumers po ang sumasalo sa market-driven costs, lalo na sa aspeto po ng generation. [1:12:16] Kaya po anumang pagbabago sa presyo ng kuryente ang ginagamit ng mga consumers na binili ng mga distribution utility mula sa generation company [1:12:25] ay direkta pong naipapasa bilang isang exact pass-on cost. [1:12:29] Ibig pong sabihin, wala pong idinadagdag na tubo ang mga electric cooperatives dito. [1:12:34] Ang halaga po ng kuryente, particular na ang base load supply, [1:12:37] ay lubhang naapektuhan ng mga hindi makontrol na macroeconomic factors [1:12:41] gaya ng consumer price index, foreign exchange rates, at global coal prices. [1:12:46] Bukod pa po rito, ang mga structural vulnerabilities tulad ng kakulangan sa power supply, [1:12:52] unplanned outages, problema sa transmission lines, at line congestion, [1:12:56] ay lalo pa pong nagpapataas sa generation at replacement cost. [1:13:00] Katulad po ng lahat ng distribution utilities, [1:13:03] ang mga power supply agreements po ng Penelco ay dumadaan sa pagsusuri [1:13:06] at inaaprubahan po ng Energy Regulatory Commission. [1:13:10] We also second the statement of Honorable Chairman Juan [1:13:12] na kapag po hinihingaan namin ng fuel receipts ang mga generation companies [1:13:16] para po i-validate ang mga pass-on cost na ito, [1:13:20] iginigiit po nila ang confidentiality clauses mula sa kanilang fuel purchase agreements. [1:13:25] Sa isang standard na bill po ng kuryente, [1:13:27] nasa 75% ang napupunta sa generation at transmission, [1:13:31] habang 15% ay napupunta sa government charges at taxes. [1:13:35] Katunayan na malaking bahagi po ng retail power rates [1:13:38] ay dulot ng external cost at mga electric cooperatives [1:13:41] ay nagsisilbi lamang pong collection agent [1:13:44] na walang nakukuhang anumang financial benefit mula dito. [1:13:49] Sa katunayan po, [1:13:50] tanging nasa 10% lamang ng bill [1:13:52] ang naiiwan sa mga electric co-op [1:13:55] para sa operation and maintenance po nito [1:13:57] sa pumamagitan ng distribution, supply, and metering charges [1:14:00] at reinvestment fund for sustainable capex. [1:14:03] Unfortunately po, ang mga nabanggit na distribution at reinvestment rates [1:14:07] ay hindi pa po gumagalaw o naa-adjust [1:14:09] simula po noong taong 2010. [1:14:12] Para po sa Penelco, katumbas lamang po ito [1:14:14] ng 1 peso and 53 centavos per kilowatt hour [1:14:18] o nasa 153.72 po para sa isang household [1:14:21] na may 100 kilowatt hour consumption. [1:14:24] Bilang mga non-profit utilities po [1:14:26] na sumasa ilalim sa isang strict cost recovery model [1:14:29] na haharap ang mga electric cooperatives [1:14:31] sa isang existential threat [1:14:33] habang pilit nilang pinagkakasya [1:14:35] ang mga stagnant funds na ito [1:14:36] laban sa tumataas na operational cost [1:14:39] para maipagpatuloy ang mga critical na reliability projects [1:14:42] at araw-araw na operasyon. [1:14:44] Gayunpaman, mayroon din pong ibang source of fund [1:14:47] ang mga electric co-op [1:14:48] tulad ng loans, subsidy, at electrification fund [1:14:50] under ER-1-94. [1:14:52] So balit ang pagkuha po ng loans [1:14:54] mula sa mga banko o sa NEA [1:14:56] ay nangangailangan na ang mga po pondohang proyekto [1:14:58] ay kasama po sa capital expenditure projects application [1:15:01] na isinusumiti po namin sa ERC. [1:15:04] Bukod po dito, [1:15:05] ang amortization para sa mga loans na ito [1:15:07] ay kukuhanin din lamang po sa RFSC [1:15:11] na sinusuportahan ng DSM. [1:15:13] Ibig sabihin po, [1:15:14] ang mga loans po na ito [1:15:15] ay para sa mga project o capital expenditure [1:15:18] na hindi nagpapasok ng revenue [1:15:20] sa mga electric cooperative. [1:15:23] Patungkol naman po sa issue ng reliability, [1:15:25] sa kabila po ng mga financial constraints na ito, [1:15:28] ang Penelco ay nag-ooperate ng maayos [1:15:30] sa loob ng safety margins [1:15:31] na mahigpit na itinakda ng ERC [1:15:33] para sa unplanned interruptions. [1:15:36] Ang unscheduled sci-fi [1:15:37] o interruptions per customer po ng Penelco [1:15:40] ay nasa 3.24 lamang [1:15:42] kumpara sa allowable ERC cap na 20, [1:15:45] habang ang unscheduled sci-fi [1:15:47] o duration nito [1:15:48] ay nasa 254.9 minutes naman po [1:15:51] kumpara sa ERC cap [1:15:52] na 2,700 minutes. [1:15:55] Habang ang system loss naman po [1:15:56] ng Penelco [1:15:57] ay nasa 4.96% [1:15:59] noong taong 2025 [1:16:01] kumpara sa 8.25% na cap [1:16:04] para sa cluster na kinabibilangan po [1:16:06] ng Penelco. [1:16:08] Upang pagbigyan prioridad po [1:16:09] ang mga long-term stability [1:16:11] at efficiency, [1:16:12] nadagdagan po ang mga planned outages [1:16:14] ng Penelco noong taong 2025 [1:16:16] upang maisagawa ang mga proyektong [1:16:18] inaprobahan ng NEA at DOE [1:16:20] sa ilalim po ng aming [1:16:21] Distribution Development Plan. [1:16:23] Ang targeted modernization push po [1:16:26] na ito ay isang mahalagang investment [1:16:29] upang palakasin ang distribution system [1:16:31] ng Penelco [1:16:32] laban sa mga future unscheduled failures. [1:16:35] Lahat po ng scheduled outages [1:16:36] ay naka-optimize [1:16:37] at tinitiyak po [1:16:38] na ang lahat ng posibleng maintenance [1:16:40] at upgrading works [1:16:41] ay ginagawa ng sabay-sabay [1:16:43] upang masiguro ang mataas na productivity [1:16:45] sa oras po ng downtime. [1:16:47] Sa pagsasagawa ng mga ito [1:16:49] patuloy din pong nahaharap [1:16:51] ang aming kooperatiba [1:16:52] sa malalaking hamon [1:16:53] kabilang na rin po [1:16:54] ang mga right-of-way issues [1:16:55] sa mga government agencies [1:16:57] at mga local government units, [1:16:59] environmental protection hurdles, [1:17:02] hindi pagsunod na mga contractors [1:17:03] at ibang property owners [1:17:05] sa tamang transmission clearances [1:17:07] at ang sadyang matagal [1:17:08] na procurement process. [1:17:10] Upang matiyak po [1:17:11] na manadatiling abot kaya [1:17:12] ang kuryente [1:17:13] at maging viable [1:17:14] ang mga utilities, [1:17:15] may ilang legislative [1:17:16] at regulatory reforms [1:17:17] po kaming naisimungkahi. [1:17:19] Una po, [1:17:20] ang pagpapatupad [1:17:20] ng VAT0 rating [1:17:21] sa power generation [1:17:23] ay magbibigay ng immediate [1:17:24] at tangible relief [1:17:25] sa mga consumer [1:17:26] ng hindi nahihirapan [1:17:27] ang operasyon [1:17:28] ng mga utilities. [1:17:29] Pangalawa po, [1:17:30] may critical na pangangailangan [1:17:32] para sa streamlined [1:17:33] at napapanahong [1:17:34] rate reset proceedings [1:17:35] upang mairationalize [1:17:37] ang stagnant na DSM [1:17:38] at RFSE rates [1:17:39] nang sa gayon [1:17:40] ay sumalamin ito [1:17:41] sa tumataas na gastusin. [1:17:43] Isinusulong din po namin [1:17:44] ang pagpapalakas [1:17:45] sa Energy Regulatory Commission [1:17:47] sa kondisyong mapanatili [1:17:49] ng mga regulatory bodies [1:17:50] ang sole [1:17:51] and non-duplicative jurisdiction [1:17:52] at mayroon po sanang [1:17:54] kahit isang ERC commissioner [1:17:56] na may actual na operasyonal, [1:17:58] technical, [1:17:58] o executive background [1:18:00] sa loob po [1:18:00] ng electric cooperative sector. [1:18:02] Bukod po dito, [1:18:03] ang pagtatakda [1:18:04] ng mahigpit [1:18:05] na statutory action windows [1:18:07] para po sa ERC approvals [1:18:08] ng CAPEX at PSA, [1:18:10] ito po ay napakahalaga [1:18:12] para maiwasan [1:18:13] ang delay [1:18:13] sa grid modernization. [1:18:14] Ang anumang state subsidies po [1:18:17] ay kinakailangan din [1:18:18] para may sapat na pondo [1:18:19] mula sa gobyerno [1:18:20] o maisama po [1:18:21] sa General Appropriations Act [1:18:23] upang hindi ito maipasa [1:18:25] bilang unrecoverable [1:18:26] financial burden [1:18:27] sa mga distribution utilities [1:18:29] at customers. [1:18:30] Legislatively, [1:18:31] dapat pong linawin din [1:18:32] sa Kongreso [1:18:33] ang Section 57 [1:18:34] ng EPIRA [1:18:35] upang masiguro [1:18:36] ang perpetual exemption [1:18:37] ng mga electric cooperatives [1:18:39] mula sa income, [1:18:40] franchise, [1:18:41] at local taxes. [1:18:42] Finally, [1:18:43] ang mga panuntunan [1:18:44] sa net margin utilization [1:18:45] ay dapat din pong [1:18:47] i-align [1:18:47] sa rules for setting [1:18:48] electric cooperatives [1:18:50] willing rates [1:18:50] na sa halip na isagawa [1:18:52] ang 50% [1:18:53] flowback mandates [1:18:54] bilang pagkilala [1:18:56] na ang mga margins [1:18:57] mula sa other [1:18:58] related business activities [1:18:59] ay ginagamit na rin po [1:19:01] ng mga electric cooperatives [1:19:02] sa pagpupondo po [1:19:03] sa mga capital expenditures. [1:19:05] Penelco remains [1:19:06] a steadfast partner [1:19:07] of the national government [1:19:08] in advancing a resilient, [1:19:10] transparent, [1:19:11] and equitable energy landscape. [1:19:13] Your Honor, [1:19:14] Sir Penelco [1:19:14] formally manifests [1:19:15] that it has submitted [1:19:17] its position paper [1:19:18] regarding the other [1:19:20] Senate bills [1:19:20] currently under review [1:19:21] by this committee. [1:19:23] We respectfully urge [1:19:24] the Senate Committee [1:19:25] on Energy [1:19:25] to integrate [1:19:26] these vital recommendations [1:19:27] into the amendatory bills [1:19:29] ensuring our legislative [1:19:30] framework [1:19:31] truly safeguards [1:19:32] both the structural [1:19:33] integrity of our utilities [1:19:35] and the long-term welfare [1:19:36] of the Filipino consumer. [1:19:38] Thank you, [1:19:38] and good morning. [1:19:39] Alright, thank you [1:19:40] Ms. Renee [1:19:41] De Los Reyes, right? [1:19:43] Yes. [1:19:44] Meron lang pong sumbong dito [1:19:46] dumating mo [1:19:46] at tinex po sa akin. [1:19:48] Tiga balang nga bataan siya. [1:19:50] Pakitanong po sa Penelco [1:19:52] ang ilaw lang po [1:19:53] ang bukas sa amin. [1:19:54] Halos walang tumitira. [1:19:56] Walang sira ang aming metro. [1:19:58] Wala kaming appliances. [1:19:59] Bakit 4,000 ang singil? [1:20:02] Napakataas [1:20:02] para sa naging consumption. [1:20:04] Sir, para po sa mga [1:20:06] ganitong mga instances po, [1:20:07] ang patuloy naman po namin [1:20:10] ina-advise sa mga customers namin [1:20:12] na pwede po silang pumunta [1:20:14] sa mga office po namin. [1:20:16] Kasi meron din po, [1:20:17] aminado po kami [1:20:18] na may mga pagkakatoon po talaga [1:20:20] na nagkakaroon [1:20:21] ng pagkakamali [1:20:21] sa pagre-reading. [1:20:23] Pero ang mga pagkakamali naman po na ito [1:20:25] ay [1:20:25] kinokorek naman po namin, [1:20:28] Senator. [1:20:29] Magpunta lamang po sila [1:20:30] sa mga offices po namin. [1:20:32] Ang problema, ma'am, [1:20:34] hindi po lahat ng tao [1:20:35] walang trabaho. [1:20:36] Paano makapunta sa opisina [1:20:37] ninyo [1:20:39] kung may trabaho? [1:20:40] Paano kung yung tirahan niya doon, [1:20:42] i-bakasyunan niya lamang? [1:20:43] O paano kung mga senior citizen [1:20:45] na nakatira, [1:20:46] imbis na pumunta siya [1:20:47] na magreklamo, [1:20:48] mamasahi po siya [1:20:49] sa inyong opisina, [1:20:51] hindi na lang ho [1:20:52] natin ikang, [1:20:53] hindi na lang ho nila itutuloy. [1:20:54] I mean, [1:20:55] that's a poor excuse. [1:20:57] Magreklamo [1:20:58] dahil may, [1:20:59] dapat ho, [1:21:00] trabaho hunin nyo yan [1:21:02] at to deliver [1:21:03] ikang [1:21:03] yung right bill, [1:21:05] tama po yung amount, [1:21:06] hindi po yung [1:21:07] sasabihin [1:21:07] pag may pagkakamali kami, [1:21:09] hindi ho uubra yan [1:21:10] kasi hindi po lahat ng tao [1:21:11] may oras [1:21:12] para magreklamo [1:21:13] Mr. Los Reyes. [1:21:14] Tama po, Senator. [1:21:15] And humingi po kami [1:21:16] ng paumanhin [1:21:17] sa mga pagkakamali pong ito. [1:21:19] Pero gayon din po, [1:21:20] na-acknowledge po namin [1:21:21] na meron nga pong [1:21:22] o hindi po lahat ng tao [1:21:23] ay may oras [1:21:24] para po magtungo [1:21:25] sa aming mga opisina. [1:21:26] Meron din po kaming [1:21:27] mga email addresses [1:21:28] na pwede po nilang [1:21:29] pagpadalhan [1:21:30] ng kanilang concern. [1:21:32] Gayon din po, [1:21:32] meron na pong [1:21:33] dinedevelop na [1:21:33] mobile app po [1:21:34] ang Penelco [1:21:35] para po doon na po nila [1:21:37] ma-submit po [1:21:38] yung kanilang mga concerns. [1:21:40] Okay. [1:21:40] Isa po ang katanungan, [1:21:42] kayo din ho [1:21:42] yung papatakbo [1:21:44] ng kuryente [1:21:46] sa Murong, [1:21:47] di po ba? [1:21:49] Penelco po? [1:21:49] Sakop po [1:21:50] ng franchise [1:21:51] ng Penelco [1:21:52] ang Murong. [1:21:53] Penelco yung Murong, [1:21:54] di po ba? [1:21:54] Tama po. [1:21:55] Bakit po linggo-linggo [1:21:56] ang brownout po doon? [1:21:57] I mean, [1:21:59] minsan, [1:21:59] kasunod, [1:22:00] Friday, [1:22:01] Saturday, [1:22:02] minsan, [1:22:02] one hour lang naman. [1:22:04] Pero brownout [1:22:04] of brownout, [1:22:05] ang sagot po [1:22:06] ng mga tao [1:22:07] doon, [1:22:07] tao daw ninyo [1:22:08] na may tumawid na po [1:22:09] sa kuryente, [1:22:10] na kuryente, [1:22:11] kaya tumigil yung [1:22:12] kuryente, [1:22:13] bumagsak yung poste [1:22:14] dahil malakas ang hangin. [1:22:16] Ano po eh? [1:22:16] Mga bulok na yung [1:22:17] mga poste ninyo. [1:22:19] Pam, [1:22:19] could you fix [1:22:20] this problem? [1:22:21] Ano po? [1:22:21] Ay, [1:22:22] hindi po pwedeng, [1:22:23] we have a lot of excuses [1:22:25] na mahal ang diesel, [1:22:27] mahal ang coal. [1:22:29] Ormeco, [1:22:31] Paleco, [1:22:32] and Penelco, [1:22:33] kayong tatlo, [1:22:35] nakamonitor po ako sa inyo [1:22:37] habang ako po [1:22:37] ang committee chair [1:22:38] ng energy dito. [1:22:39] I'll be watching you guys. [1:22:41] I'll be watching you. [1:22:43] Senator Risa, [1:22:44] you have questions? [1:22:45] Yes, [1:22:45] salamat Mr. Chair. [1:22:47] Bago natin ipagpatuloy [1:22:48] sa ating mga electric co-ops, [1:22:50] balikan ko lang po yung [1:22:51] sa pang tanong dun sa [1:22:53] systems loss charge [1:22:54] bago yung follow-up questions [1:22:57] ko tungkol sa [1:22:58] pass-through charges [1:22:59] in general [1:23:00] na binanggit ni Chair [1:23:01] Juan kanina. [1:23:03] So sa, [1:23:04] may ipapakita po akong [1:23:06] electric bill, [1:23:07] sample po ng electric bill, [1:23:08] Mr. Chair, [1:23:09] tanong po sa DOE [1:23:11] at saka sa ERC, [1:23:13] kung maalis na nga po [1:23:15] yung systems loss charges, [1:23:17] magkano pong ibababa [1:23:19] na charges [1:23:21] sa monthly bill [1:23:23] ng average Filipino household [1:23:25] kung ibate po natin [1:23:26] sa ganitong bill. [1:23:36] Sa bill na to, [1:23:37] ang nasa third line [1:23:38] systems loss, [1:23:40] may halagang [1:23:40] P238 at P78. [1:23:43] So on average po, [1:23:45] magkano'ng ibabawa [1:23:46] sa electric bill [1:23:48] ng average Filipino household [1:23:50] kapag nasunod na yung [1:23:52] pagtanggal sa systems loss [1:23:54] at yung VAT nun? [1:24:00] Yes, Mr. Chair, [1:24:00] nakabatay kasi po [1:24:02] yung cost, [1:24:03] yung peso equivalent [1:24:05] ng system loss na yan, [1:24:06] yung P238, [1:24:07] dun sa konsumo, [1:24:09] nung consumer na yan. [1:24:09] So magdedepende talaga po [1:24:11] dun sa actual na konsumo [1:24:13] at saka kung ano yung [1:24:15] makocompute ng utility [1:24:16] na magiging system loss [1:24:18] charge niya [1:24:19] para sa buwan na yun. [1:24:20] Pero kung may initial na po [1:24:22] bang pagkwenta [1:24:23] in the last three days [1:24:25] mula nung SONA, [1:24:26] given yung average consumption [1:24:28] ng mga kabahayan [1:24:32] nating mga Pilipino, [1:24:33] kung magkano on average [1:24:34] yung maibabawas [1:24:37] sa electric bill [1:24:38] ng mga Pilipino, [1:24:41] meron na po bang [1:24:41] estimate? [1:24:45] Sa ngayon po, [1:24:45] wala pa po kami na-estimate na. [1:24:47] Ako po may isang estimate, [1:24:48] Chair at Mr. Chair, [1:24:50] on average, [1:24:50] P175 pesos [1:24:52] ang mababawas [1:24:54] sa electric bill. [1:24:57] Ito nga, [1:24:57] more than, [1:24:58] sabi nga ni SP, [1:25:00] P238. [1:25:01] Siguro mas mataas [1:25:02] ang konsumo nito [1:25:03] sa average na [1:25:04] Filipino household. [1:25:05] Pero kung i-average po natin, [1:25:07] P175 pesos po [1:25:08] makakaltas. [1:25:10] Hindi wala, [1:25:11] pero maliit, [1:25:12] maliit. [1:25:13] So balikan ko po [1:25:14] yung systems, [1:25:15] yung pass-through charges [1:25:17] na binanggit ni [1:25:18] Chair Juan kanina. [1:25:20] Maliban sa [1:25:21] systems loss charges [1:25:23] na on average [1:25:24] P175 pesos [1:25:25] in systems loss charges [1:25:27] mababawas [1:25:28] sa electric bill [1:25:28] nating mga Pinoy, [1:25:30] may iba pang, [1:25:31] may iba pa bang [1:25:32] mga pass-through charges [1:25:34] ang pinapasalo [1:25:36] sa consumer. [1:25:38] At pwede po bang [1:25:39] ipaliwanag [1:25:40] gagamit itong bill [1:25:41] na fina-flash ko po. [1:25:43] Bukod sa systems loss [1:25:45] charge, [1:25:45] ano pa ba dyan [1:25:46] yung may pass-through charges [1:25:48] sa mga linyang iyan? [1:25:49] Sir, [1:25:50] Risa, [1:25:51] makasingit lang ako. [1:25:52] Siguro, [1:25:53] Attorney Juan [1:25:54] will be the right person [1:25:55] to answer this. [1:25:57] Andami ako nakikita rito, [1:25:59] generation, [1:26:00] 2-6, [1:26:01] transmission, [1:26:02] trip 60, [1:26:03] system loss, [1:26:04] 238, [1:26:05] distribution, [1:26:06] Meralco 507, [1:26:08] government taxes, [1:26:09] 393, [1:26:10] yung mga malalaki lang, [1:26:11] universal charge. [1:26:12] Ano ho ito? [1:26:13] Bakit napakadami? [1:26:14] Ipinasa na lahat talaga sa tao. [1:26:17] Ano ho, [1:26:17] kanya explain ho, [1:26:19] line by line, [1:26:21] saan po itong [1:26:22] generation, [1:26:22] transmission, [1:26:23] system loss, [1:26:24] distribution, [1:26:25] para maintindihan [1:26:26] ng mga kababayan natin [1:26:27] na nanonood po ngayon. [1:26:29] Dahil lahat talaga [1:26:29] na ipasa na sa atin. [1:26:31] Pati government taxes, [1:26:33] tayo pa rin po [1:26:33] ang nagbabayad. [1:26:34] Di po ba dapat [1:26:35] yung nagninegosyo na? [1:26:37] Can you explain, [1:26:38] Attorney Juan? [1:26:39] Salamat po, [1:26:40] Mr. Chair. [1:26:41] Yung pong ipira [1:26:43] under Section 36, [1:26:45] nirequire niya yung [1:26:46] unbundling of rates. [1:26:47] At dahil po [1:26:48] in-unbundle natin yung rates, [1:26:50] yung dating nakikita lang natin [1:26:51] na isa o dalawang linya [1:26:53] sa ating bill, [1:26:54] yung power purchase cost [1:26:56] at saka yung distribution, [1:26:58] ngayon po ay nahimay na [1:26:59] into these various charges. [1:27:02] Pero lahat naman din po ito [1:27:03] ay magkocorespond din [1:27:04] doon sa dating singilan. [1:27:06] Kaya lang noon [1:27:07] ay bundle yung ating [1:27:08] electricity bills. [1:27:10] Isa-isahin po natin [1:27:11] itong iba't ibang charges [1:27:13] na nakikita natin [1:27:14] sa ating electricity bill. [1:27:16] Kung natanong po kanina [1:27:17] kung ano pa yung [1:27:18] pass-through charges [1:27:20] bukod doon sa [1:27:21] system loss, [1:27:23] actually, [1:27:24] yun na lang pong [1:27:25] napapapunta sa [1:27:26] distribution utility [1:27:28] ang ating tukuyin. [1:27:29] At ito lang po yung [1:27:30] distribution supply [1:27:32] and metering. [1:27:32] At ito po ay yung [1:27:33] para sa kanyang [1:27:34] pagnenegosyo [1:27:35] ng pagdidistribute [1:27:37] ng kuryente. [1:27:38] Ito po ay regulated [1:27:39] ng ERC, [1:27:40] kaya lang [1:27:41] nabanggit na rin [1:27:42] na nagkaroon [1:27:43] ng pagkakaantala [1:27:44] nga yung [1:27:45] pagre-reset [1:27:46] ng ating singil [1:27:47] ng ating mga [1:27:48] private distribution utilities [1:27:49] at ganon din [1:27:50] ang ating mga [1:27:51] electric cooperatives. [1:27:52] Subalit ngayon [1:27:53] ay gumagalaw na po yan. [1:27:54] Pero Chair Juan, [1:27:55] at mamaya itatanong ko rin [1:27:56] yung distribution [1:27:57] sa Meralco, [1:27:58] may nalaktawan po kayong [1:27:59] pinakamalaking item [1:28:01] dyan, [1:28:02] yung generation. [1:28:03] Pwede nyo po bang [1:28:04] ikumpara [1:28:04] ang generation [1:28:06] sa, [1:28:07] halimbawa, [1:28:08] yung [1:28:09] system loss. [1:28:11] Anong percentage [1:28:12] ng average bill [1:28:13] nating mga Pinoy [1:28:14] ang pass-through [1:28:16] sa generation charge [1:28:18] kumpara sa [1:28:19] percentage, [1:28:20] sabihin natin [1:28:20] 5% [1:28:21] ang percentage [1:28:22] ng system loss [1:28:23] charge [1:28:24] na pass-through. [1:28:25] Ano yung [1:28:25] percentage [1:28:27] ng generation [1:28:28] pass-through charge [1:28:29] ang nasa [1:28:30] electric bill [1:28:31] na pinapasalo [1:28:33] sa consumer? [1:28:34] Opo, [1:28:34] ito na nga po [1:28:35] yung sisimulan na natin [1:28:36] lahat ng mga [1:28:37] pass-through charges [1:28:37] kasi nabanggit ko [1:28:39] ang talagang [1:28:40] hindi lang pass-through [1:28:41] ay yung [1:28:41] distribution charge [1:28:43] na kasama dito [1:28:43] yung supply and metering. [1:28:45] So simulan po natin [1:28:45] sa pinakamalaki [1:28:46] ang generation charge. [1:28:48] Ang generation charge po [1:28:49] ang ibinabayad [1:28:50] sa ating mga [1:28:51] planta ng kuryente [1:28:52] na nagsusupply [1:28:53] sa ating mga [1:28:54] consumers. [1:28:55] Ang distribution [1:28:56] utility, [1:28:57] siya ay nagpo-procure [1:28:58] on behalf of the [1:28:58] electric consumers [1:28:59] na kanyang [1:29:00] customers [1:29:01] at siya ang [1:29:02] pumapasok sa mga [1:29:03] kontrata noon [1:29:04] as a power supply [1:29:05] agreements [1:29:05] o kaya naman [1:29:06] ay bumubili sa [1:29:07] USM [1:29:08] o wholesale [1:29:08] electricity spot [1:29:09] market. [1:29:09] kasama po dito [1:29:11] sa binibili [1:29:12] niyang kuryente [1:29:12] o yung pinuprocure [1:29:13] niyang kuryente [1:29:14] kasama nga dito [1:29:15] yung mga [1:29:16] napapapunta [1:29:16] o napapapasama [1:29:17] sa system loss [1:29:19] dahil po [1:29:19] kung ang [1:29:20] kukunin niyang [1:29:21] kuryente [1:29:22] mula sa mga [1:29:23] generation companies [1:29:24] ay halimbawa [1:29:25] na lang [1:29:25] ay [1:29:26] isang daan [1:29:27] pero po [1:29:28] itong isang daan [1:29:29] units na ito [1:29:30] pagka ito [1:29:31] ay na-distribute [1:29:32] na sa mga [1:29:32] customers [1:29:33] hindi [1:29:34] naman talaga [1:29:35] actually [1:29:35] isang daan [1:29:36] ang [1:29:36] kanyang [1:29:37] nagiging [1:29:37] kilowatt [1:29:38] hour sales [1:29:38] dahil [1:29:39] nababawasan [1:29:40] na nga po [1:29:40] nung [1:29:41] system loss [1:29:41] so ito po [1:29:43] ang percentage [1:29:44] nito [1:29:44] kumpara doon [1:29:45] sa generation [1:29:46] o yung [1:29:47] quantity [1:29:47] ng generation [1:29:48] ay nakabatay [1:29:49] doon sa [1:29:51] kung ano [1:29:51] ang cap [1:29:52] na umiiral [1:29:53] dahil po [1:29:53] ang cap [1:29:54] ang magdedetermina [1:29:57] kung hanggang [1:29:57] saan lang po [1:29:58] ang masisingil [1:29:59] ng ating mga [1:29:59] distribution utilities [1:30:01] bilang cost [1:30:02] na associated [1:30:04] with these [1:30:05] system losses [1:30:06] so in the case [1:30:07] of [1:30:07] miralco [1:30:08] halimbawa po [1:30:08] dahil ito [1:30:09] ay nasa [1:30:10] 5.5% [1:30:12] ang cap [1:30:13] at ito po [1:30:14] lilinawin ko [1:30:14] ito ay [1:30:15] distribution feeder [1:30:16] na cap [1:30:18] at dahil po [1:30:19] meron din [1:30:19] na [1:30:20] system loss [1:30:22] associated [1:30:23] with [1:30:23] sub-transmission [1:30:24] at sub-station [1:30:25] at ito naman po [1:30:27] ang [1:30:27] idinadagdag pa [1:30:28] doon sa [1:30:29] 5.5% [1:30:30] na cap [1:30:31] na yan [1:30:31] kaya [1:30:32] ang [1:30:32] sabi na nga din [1:30:33] ng miralco [1:30:34] sa press release [1:30:34] niya kapon [1:30:35] maabot [1:30:36] ng mga [1:30:36] 6.5% [1:30:37] ang kanyang [1:30:38] nagiging [1:30:38] cap [1:30:39] acquired [1:30:39] one question [1:30:42] meron din po ba [1:30:44] sa generation [1:30:45] may systems loss [1:30:47] na kagad [1:30:47] pag binili po [1:30:48] ng miralco [1:30:50] yan [1:30:50] may systems loss [1:30:51] na [1:30:51] tama po ba [1:30:52] did I hear you [1:30:53] right [1:30:54] at the level [1:30:56] at the level [1:30:56] yun [1:30:57] yung pagbili [1:30:58] niya [1:30:58] pagbili [1:30:59] niya [1:31:00] sa generation [1:31:01] kung may [1:31:02] systems loss [1:31:03] na yun [1:31:04] sinacharge [1:31:05] din po ba [1:31:06] sa mga [1:31:06] mama yan [1:31:07] yung [1:31:08] pagkawala [1:31:09] dahil syempre [1:31:09] generation [1:31:10] di po ba [1:31:10] from the [1:31:11] generator [1:31:12] to the [1:31:12] distributor [1:31:13] may systems [1:31:14] loss [1:31:14] doon [1:31:15] ikinakarga [1:31:16] na naman po [1:31:17] ba [1:31:17] sa bill [1:31:17] po namin [1:31:18] yan [1:31:18] ito po [1:31:19] ay nakapaloob [1:31:20] doon sa [1:31:21] generation [1:31:22] cost din [1:31:22] o yung [1:31:23] pagbenta [1:31:23] ng ating [1:31:24] mga [1:31:25] generation [1:31:25] na [1:31:25] kaya sir [1:31:26] pero doble [1:31:27] doble [1:31:27] na ho [1:31:27] di po ba [1:31:28] meron na [1:31:28] systems loss [1:31:29] sa generation [1:31:30] doon sa [1:31:31] 2,603 [1:31:32] na yan [1:31:33] na siningil [1:31:34] na pinatong [1:31:35] na [1:31:35] meron pa [1:31:36] talagang [1:31:36] Diyos ko po [1:31:38] systems loss [1:31:40] tayo [1:31:40] na [1:31:41] bagkano ba [1:31:43] yung kanina [1:31:44] yung systems [1:31:45] loss [1:31:45] nakapaloob [1:31:47] na naman [1:31:48] so [1:31:48] andami [1:31:49] na hong [1:31:49] systems loss [1:31:51] systems loss [1:31:52] ka na sa [1:31:52] generation [1:31:53] di po ba [1:31:53] papunta [1:31:54] doon sa [1:31:54] distributor [1:31:55] si distributor [1:31:56] dadalhin yung [1:31:58] kuryente sa [1:31:58] bahay ko [1:31:59] nagkaroon ng [1:32:00] systems loss [1:32:00] then like [1:32:01] evaporate [1:32:01] another [1:32:02] single [1:32:02] na naman [1:32:03] po ba [1:32:03] yun [1:32:03] o po [1:32:05] yung [1:32:05] transmission [1:32:06] loss [1:32:06] at that [1:32:07] level [1:32:07] of the [1:32:07] transmission [1:32:08] ito po [1:32:08] ay naka [1:32:09] embed [1:32:09] doon sa [1:32:10] presyohan [1:32:11] ng ating [1:32:11] mga [1:32:11] generation [1:32:12] plants [1:32:13] so [1:32:13] what [1:32:13] you're [1:32:13] saying [1:32:13] sir [1:32:14] doon sa [1:32:14] generation [1:32:15] kung alisin [1:32:15] mo yung [1:32:16] systems [1:32:16] sa generation [1:32:17] sila [1:32:18] naman [1:32:18] nag-uusap [1:32:18] dalawa [1:32:19] noon [1:32:19] from the [1:32:20] generation [1:32:20] to the [1:32:21] distributor [1:32:21] di po ba [1:32:22] bakit [1:32:23] kailangan [1:32:23] singilin [1:32:24] na ho [1:32:24] kami [1:32:24] hindi pa [1:32:25] dumarating [1:32:25] yung [1:32:25] kuryente [1:32:26] papunta [1:32:26] sa [1:32:26] bahay [1:32:26] namin [1:32:27] di po [1:32:28] ba [1:32:28] depende [1:32:30] po [1:32:30] kasi [1:32:31] yan [1:32:31] sa [1:32:31] kung [1:32:31] ano [1:32:31] ang [1:32:32] usapan [1:32:32] ng [1:32:32] generation [1:32:33] company [1:32:34] at [1:32:35] distribution [1:32:35] utility [1:32:36] kung saan [1:32:37] i-re-recon [1:32:38] yung [1:32:38] kilowatt [1:32:39] hours [1:32:40] na [1:32:40] i-memetruhan [1:32:42] na nanggaling [1:32:43] mula sa [1:32:43] planta [1:32:44] at madadala [1:32:45] papunta [1:32:45] doon sa [1:32:46] delivery [1:32:47] point [1:32:47] ng [1:32:47] distribution [1:32:48] utility [1:32:49] dahil [1:32:49] ito [1:32:49] po [1:32:50] ay [1:32:50] transmission [1:32:50] kumpara [1:32:51] naman [1:32:51] sa [1:32:51] distribution [1:32:53] percentage [1:32:55] ng [1:32:55] ating [1:32:55] losses [1:32:56] na [1:32:56] na [1:32:56] experience [1:32:57] yung [1:32:57] technical [1:32:57] losses [1:32:58] ito [1:32:58] kalimitan [1:33:00] dahil [1:33:00] mahirap [1:33:01] naman [1:33:01] din [1:33:01] magna-cause [1:33:02] at [1:33:02] that [1:33:03] transmission [1:33:03] voltage [1:33:04] level [1:33:04] so [1:33:05] pagdating [1:33:05] na po [1:33:06] ng [1:33:06] kuryente [1:33:07] na yan [1:33:08] na binili [1:33:08] ng [1:33:09] distribution [1:33:10] utilities [1:33:10] natin [1:33:11] on behalf [1:33:11] of its [1:33:12] customers [1:33:13] yung [1:33:13] presyo [1:33:14] na yan [1:33:14] ay kung [1:33:14] ano [1:33:15] yung [1:33:15] presyong [1:33:16] babayaran [1:33:16] naman [1:33:17] niya [1:33:17] doon [1:33:17] sa [1:33:18] mga [1:33:18] generation [1:33:18] companies [1:33:19] at [1:33:19] yung [1:33:20] presyo [1:33:20] na yan [1:33:20] nakapaloob [1:33:21] na [1:33:21] dyan [1:33:21] yung [1:33:22] kung [1:33:22] ano [1:33:23] man [1:33:23] ang [1:33:23] naging [1:33:23] efekto [1:33:24] nung [1:33:24] cost [1:33:25] na yan [1:33:25] ng [1:33:25] transmission [1:33:26] Chair [1:33:28] Juan [1:33:28] focus [1:33:29] lang tayo [1:33:30] dito [1:33:30] sa [1:33:30] generation [1:33:31] at [1:33:32] kung [1:33:32] pwede [1:33:32] bagalan [1:33:32] po [1:33:33] natin [1:33:33] kasi [1:33:33] napaka [1:33:34] technical [1:33:34] pero [1:33:35] gusto [1:33:35] po [1:33:35] natin [1:33:36] at [1:33:36] dapat [1:33:37] maintindihan [1:33:37] ng [1:33:37] mga [1:33:38] consumers [1:33:39] natin [1:33:39] kasi [1:33:40] nagkaroon [1:33:40] ng [1:33:41] opening [1:33:42] dun [1:33:42] sa [1:33:42] pagtanggal [1:33:43] ng [1:33:43] systems [1:33:43] loss [1:33:44] charge [1:33:44] at [1:33:44] VAT [1:33:45] dun [1:33:45] para [1:33:45] patuloy [1:33:46] natin [1:33:46] reformahin [1:33:47] yung [1:33:47] energy [1:33:48] sector [1:33:49] natin [1:33:49] yung [1:33:50] sa [1:33:50] generation [1:33:50] charge [1:33:51] kasi [1:33:51] siya [1:33:51] yung [1:33:51] pinakamalaki [1:33:52] ano [1:33:53] po [1:33:53] yung [1:33:53] basehan [1:33:54] na [1:33:54] pinapayagan [1:33:55] ng [1:33:55] ERC [1:33:56] mapass [1:33:57] through [1:33:57] yung [1:33:57] charge [1:33:58] dyan [1:33:58] at [1:33:59] mapasalo [1:33:59] sa [1:33:59] ating [1:34:00] mga [1:34:00] consumers [1:34:01] pinakabasihan [1:34:03] po [1:34:03] natin [1:34:04] ay yung [1:34:04] section [1:34:04] 25 [1:34:05] ng [1:34:05] IPIRA [1:34:06] na kung [1:34:06] saan [1:34:07] nire-regulate [1:34:07] ng ERC [1:34:08] ang retail [1:34:09] rates [1:34:09] para sa [1:34:10] captive [1:34:10] market [1:34:11] ng [1:34:11] distribution [1:34:12] utilities [1:34:13] ang retail [1:34:13] rates [1:34:14] po [1:34:14] kasama [1:34:14] dito [1:34:15] ang [1:34:15] generation [1:34:15] na [1:34:16] kabatay [1:34:16] po yan [1:34:17] sa [1:34:17] definition [1:34:17] ng [1:34:18] retail [1:34:21] po kinikwenta [1:34:22] ng [1:34:22] ERC [1:34:23] exacto [1:34:24] at [1:34:24] saka [1:34:25] fair [1:34:25] kung [1:34:26] magkano [1:34:26] dapat [1:34:27] yung [1:34:27] generation [1:34:28] charge [1:34:29] na lumalabas [1:34:30] pass [1:34:30] through charge [1:34:31] siya [1:34:31] na lumalabas [1:34:32] sa bawat [1:34:33] bill [1:34:34] natin [1:34:34] sinecheck [1:34:34] nyo po [1:34:35] muna [1:34:36] bago [1:34:37] ipasa [1:34:37] at [1:34:37] ipasalo [1:34:38] sa [1:34:38] consumer [1:34:39] o meron [1:34:39] ba [1:34:39] generation [1:34:40] charge [1:34:41] na lumalabas [1:34:42] sa bill [1:34:42] na yung [1:34:43] pala [1:34:43] ay halos [1:34:44] doble [1:34:44] o higit [1:34:45] doble [1:34:46] sa presyo [1:34:46] na dapat [1:34:47] batay [1:34:48] sa [1:34:48] kontrata [1:34:48] ang [1:34:51] paraan [1:34:52] po [1:34:52] ng [1:34:52] pagtatakda [1:34:53] ng [1:34:53] generation [1:34:54] charge [1:34:54] natin [1:34:54] dahil [1:34:55] nga [1:34:55] po [1:34:55] ito [1:34:55] ay [1:34:56] nagbabago [1:34:56] bago [1:34:57] buwan [1:34:57] buwan [1:34:57] depende [1:34:58] doon [1:34:58] sa [1:34:58] pinagpunan [1:34:59] ng [1:34:59] ating [1:34:59] distribution [1:35:00] utilities [1:35:01] ang [1:35:02] ating [1:35:02] pinapagamit [1:35:04] sa ating [1:35:04] mga [1:35:04] distribution [1:35:05] utilities [1:35:06] ay [1:35:06] yung [1:35:07] ating [1:35:07] generation [1:35:08] rate [1:35:08] adjustment [1:35:09] formula [1:35:10] na kung [1:35:10] saan [1:35:11] ang [1:35:11] lahat [1:35:12] ng [1:35:12] billings [1:35:13] ng [1:35:14] mga [1:35:14] generation [1:35:14] companies [1:35:15] na [1:35:16] pinagpunan [1:35:16] ng [1:35:16] isang [1:35:17] distribution [1:35:18] utility [1:35:18] noong [1:35:19] nakalipas [1:35:20] na [1:35:20] supply [1:35:20] month [1:35:21] ito [1:35:21] po [1:35:21] ay [1:35:22] ito [1:35:22] total [1:35:23] at [1:35:23] i-divide [1:35:24] effectively [1:35:25] ito po [1:35:27] ang [1:35:27] i-re-recover [1:35:28] ng ating [1:35:29] mga [1:35:30] distribution [1:35:30] utilities [1:35:31] pero po [1:35:32] para [1:35:32] matukoy [1:35:33] kung [1:35:34] at [1:35:34] what [1:35:34] rate [1:35:35] so [1:35:35] ito [1:35:35] pong [1:35:36] total [1:35:36] peso [1:35:37] amount [1:35:37] na [1:35:37] ito [1:35:38] i-divide [1:35:38] po [1:35:39] ng [1:35:39] kilowatt [1:35:40] hours [1:35:40] pero [1:35:41] since [1:35:41] sa [1:35:41] pagpapataw [1:35:42] po [1:35:42] ng [1:35:43] generation [1:35:43] charge [1:35:43] na yan [1:35:44] para [1:35:44] sa [1:35:44] susunod [1:35:45] na [1:35:45] buwan [1:35:45] hindi [1:35:46] pa [1:35:46] po [1:35:46] available [1:35:47] yung [1:35:47] kilowatt [1:35:48] hours [1:35:48] na [1:35:48] yan [1:35:48] para [1:35:49] sa [1:35:49] buwan [1:35:49] na [1:35:50] yun [1:35:50] ang [1:35:50] gagamitin [1:35:52] what [1:35:52] hours [1:35:53] noong [1:35:53] nakaraang [1:35:53] buwan [1:35:54] ito po [1:35:54] yung [1:35:54] billing [1:35:55] determinant [1:35:55] so [1:35:56] ganyan [1:35:57] po [1:35:57] natin [1:35:57] na [1:35:58] re-regulate [1:35:59] natutuko [1:36:01] yung [1:36:01] generation [1:36:02] charge [1:36:02] buwan [1:36:03] buwan [1:36:03] at [1:36:03] nagkaroon [1:36:04] na rin [1:36:04] po [1:36:04] ng [1:36:05] kaso [1:36:06] sa [1:36:06] Korte [1:36:07] Suprema [1:36:07] umabot [1:36:08] ito [1:36:08] dahil [1:36:08] ganito [1:36:09] rin [1:36:09] po [1:36:09] ang [1:36:09] paraan [1:36:10] dati [1:36:10] ng [1:36:10] pag [1:36:11] sisingil [1:36:12] ng [1:36:12] generation [1:36:12] even [1:36:13] before [1:36:13] ipira [1:36:14] at [1:36:14] ito [1:36:14] naman [1:36:15] po [1:36:15] ay [1:36:15] pinapadaan [1:36:16] through [1:36:16] the [1:36:17] power [1:36:17] purchase [1:36:17] adjustment [1:36:18] at [1:36:19] ito po [1:36:20] sinabi [1:36:20] ng [1:36:20] Korte [1:36:22] Suprema [1:36:22] kasama [1:36:23] na rin [1:36:23] yung [1:36:23] escalator [1:36:24] clauses [1:36:25] fuel [1:36:25] cost [1:36:27] mechanisms [1:36:27] kasama [1:36:28] po [1:36:28] ito [1:36:28] doon [1:36:29] sa [1:36:29] mga [1:36:29] mekanismo [1:36:30] na [1:36:30] umiiral [1:36:31] na [1:36:31] pinapayagan [1:36:32] din [1:36:32] naman [1:36:33] dahil [1:36:33] po [1:36:33] ayun [1:36:34] share [1:36:34] sorry [1:36:34] to interrupt [1:36:35] pero [1:36:35] importante [1:36:36] yung [1:36:36] isang [1:36:36] kababanggit [1:36:37] nyo [1:36:37] yung [1:36:38] fuel [1:36:38] cost [1:36:38] mechanism [1:36:39] fuel [1:36:39] yun [1:36:40] yung [1:36:40] isang [1:36:40] item [1:36:41] na [1:36:41] pre-generation [1:36:42] pre-transmission [1:36:44] pre-distribution [1:36:45] hindi lumalabas [1:36:47] explicitly [1:36:47] sa bill [1:36:48] pero [1:36:48] nung [1:36:49] unang [1:36:49] hearing [1:36:50] hiningi [1:36:51] ni [1:36:51] SP [1:36:51] Sherwin [1:36:52] ang [1:36:52] isang [1:36:53] audit [1:36:53] na gawin [1:36:54] ng [1:36:54] ERC [1:36:55] tungkol [1:36:56] dun [1:36:56] sa [1:36:56] fuel [1:36:56] charges [1:36:58] totoo [1:36:58] po [1:36:59] ba [1:36:59] na [1:36:59] natigil [1:37:00] yung [1:37:00] audit [1:37:00] na [1:37:00] yan [1:37:00] at [1:37:01] kung [1:37:01] totoo [1:37:01] bakit [1:37:02] po [1:37:02] natigil [1:37:03] Mayroong [1:37:05] specific [1:37:06] audit [1:37:07] na [1:37:08] ipinatupad [1:37:09] noong [1:37:09] nakaraan [1:37:10] at [1:37:10] ito [1:37:10] ay [1:37:11] specific [1:37:11] dahil [1:37:11] nagkaroon [1:37:12] ng [1:37:12] pagtataas [1:37:13] sa [1:37:14] singil [1:37:15] sa [1:37:15] kuryente [1:37:16] dulot [1:37:16] ng [1:37:16] Ukraine [1:37:17] war [1:37:17] at [1:37:17] nagkaroon [1:37:18] ng [1:37:18] pagtataas [1:37:19] yung [1:37:19] mga [1:37:19] fuel [1:37:20] cost [1:37:20] ng [1:37:21] ating [1:37:21] mga [1:37:21] generation [1:37:22] companies [1:37:23] nagkaroon [1:37:23] nga [1:37:24] po [1:37:24] ng [1:37:24] audit [1:37:24] at [1:37:25] ang [1:37:25] ginawa [1:37:25] ng [1:37:26] ERC [1:37:26] noon [1:37:26] ay [1:37:27] pinagproduce [1:37:28] ang [1:37:29] mga [1:37:29] generation [1:37:30] companies [1:37:31] at [1:37:31] distribution [1:37:31] utilities [1:37:32] ng [1:37:32] kanilig [1:37:33] mga [1:37:33] kontrata [1:37:34] tungkol [1:37:36] sa [1:37:36] supply [1:37:36] marami [1:37:37] doon [1:37:37] sa [1:37:38] mga [1:37:38] mga [1:37:39] hiningan [1:37:40] ng [1:37:41] ganitong [1:37:41] datos [1:37:42] o [1:37:43] informasyon [1:37:43] ang hindi [1:37:44] nakapagbigay [1:37:45] at [1:37:45] nag-a-allege [1:37:46] na [1:37:46] mayroong [1:37:47] confidentiality [1:37:48] clauses [1:37:48] yung [1:37:49] kanilang [1:37:49] mga [1:37:49] fuel [1:37:50] supply [1:37:50] at [1:37:52] doon [1:37:52] nga po [1:37:53] nagtapos [1:37:54] yun [1:37:54] at [1:37:55] nagpalabas [1:37:56] ang [1:37:56] ERC [1:37:57] ng mga [1:37:58] show [1:37:58] cost [1:37:59] orders [1:37:59] para [1:37:59] doon [1:38:00] sa [1:38:00] hindi [1:38:00] nila [1:38:00] pagtupa [1:38:01] doon [1:38:01] sa [1:38:01] pagtalima [1:38:02] doon [1:38:03] sa [1:38:03] kautosan [1:38:04] ng [1:38:04] komisyon [1:38:04] at [1:38:05] nakahapon [1:38:05] lang [1:38:06] para [1:38:06] naman [1:38:07] doon [1:38:07] sa [1:38:07] pinag-uutos [1:38:09] ni [1:38:09] Senator [1:38:10] President [1:38:11] Wing [1:38:12] Gatchalian [1:38:13] na [1:38:13] magkaroon [1:38:13] kami [1:38:14] ng [1:38:14] audit [1:38:15] upang [1:38:15] matukoy [1:38:16] naman [1:38:16] kung [1:38:16] bakit [1:38:16] pataas [1:38:17] ng [1:38:17] pataas [1:38:18] at [1:38:18] itong [1:38:19] first [1:38:19] 6 [1:38:20] months [1:38:20] of [1:38:20] the [1:38:20] month [1:38:20] yung [1:38:21] mga [1:38:21] generation [1:38:22] charges [1:38:22] kahapon [1:38:23] po [1:38:23] ay [1:38:23] nag-aproba [1:38:24] na [1:38:24] ang [1:38:24] komisyon [1:38:25] ng [1:38:25] audit [1:38:26] procedure [1:38:26] niya [1:38:26] na [1:38:27] isasagawang [1:38:28] pag-audit [1:38:29] ng [1:38:29] fuel [1:38:30] cost [1:38:30] ang [1:38:31] layunin [1:38:31] naman [1:38:32] po [1:38:32] namin [1:38:32] ay [1:38:33] matukoy [1:38:33] kung [1:38:33] talagang [1:38:34] naipatutupad [1:38:35] yung [1:38:35] mga [1:38:35] fuel [1:38:36] adjustment [1:38:37] formula [1:38:37] kasi [1:38:38] po [1:38:38] yung [1:38:38] fuel [1:38:39] pass [1:38:41] through [1:38:41] adjustments [1:38:42] ng [1:38:43] mga [1:38:44] PSA [1:38:44] karaniwan [1:38:45] ito [1:38:45] ay hindi [1:38:45] naman [1:38:46] nakabatay [1:38:46] doon [1:38:46] sa actual [1:38:47] fuel [1:38:48] cost [1:38:49] na [1:38:49] batay [1:38:49] sa [1:38:49] kontrata [1:38:50] kundi [1:38:50] sa mga [1:38:51] indices [1:38:52] or [1:38:52] benchmarks [1:38:52] so [1:38:53] ang [1:38:53] layunin [1:38:54] po [1:38:54] namin [1:38:54] ngayon [1:38:54] ay [1:38:55] makita [1:38:55] kung [1:38:56] talagang [1:38:56] tama [1:38:57] ang [1:38:57] ginagamit [1:38:58] base [1:38:58] doon [1:38:58] sa [1:38:59] aprobadong [1:38:59] power [1:39:00] supply [1:39:00] agreement [1:39:01] at [1:39:01] kung [1:39:01] naipatutupad [1:39:02] nga [1:39:02] ng [1:39:02] ating [1:39:03] mga [1:39:03] generation [1:39:04] companies [1:39:05] yung [1:39:05] mga [1:39:06] caps [1:39:06] kasi [1:39:07] meron [1:39:07] din [1:39:07] po [1:39:07] naman [1:39:08] nakapaloob [1:39:08] karaniwan [1:39:09] doon [1:39:09] sa [1:39:09] pag [1:39:09] approban [1:39:10] ng [1:39:10] ERC [1:39:11] na [1:39:11] maari [1:39:12] nga [1:39:12] i-adjust [1:39:13] maari [1:39:13] nga [1:39:13] i-recover [1:39:14] yung [1:39:14] adjustments [1:39:16] sa [1:39:16] cost [1:39:16] sa [1:39:16] fuel [1:39:16] pero [1:39:17] subject [1:39:17] din [1:39:18] ito [1:39:18] sa [1:39:18] top [1:39:18] ito [1:39:19] po [1:39:19] ang [1:39:19] layunin [1:39:20] ng [1:39:20] aming [1:39:20] isasagawang [1:39:21] audit [1:39:21] at [1:39:21] magsisimula [1:39:22] ito [1:39:23] with the [1:39:24] approval [1:39:24] yesterday [1:39:25] of our [1:39:25] audit [1:39:26] procedure [1:39:26] Well [1:39:28] mabuhay [1:39:28] po [1:39:28] ang ERC [1:39:29] kung [1:39:29] naglabas [1:39:30] kayo [1:39:30] ulit [1:39:30] ng [1:39:30] audit [1:39:32] procedure [1:39:32] ibig [1:39:33] po [1:39:33] bang [1:39:33] sabihin [1:39:34] na [1:39:34] yung mga [1:39:34] dating [1:39:35] hindi [1:39:35] nagbigay [1:39:37] ay [1:39:38] makokompel [1:39:39] na rin [1:39:40] magbigay [1:39:41] nung [1:39:42] datos nila [1:39:43] tungkol [1:39:43] sa [1:39:44] fuel [1:39:44] costs [1:39:46] nila [1:39:46] ilan po [1:39:47] ba [1:39:47] yung [1:39:48] show [1:39:48] cost [1:39:48] order [1:39:49] noon [1:39:49] na [1:39:49] sinunod [1:39:50] at [1:39:50] ilan [1:39:51] yung [1:39:51] hindi [1:39:52] sumunod [1:39:53] dahil [1:39:53] di [1:39:54] umano [1:39:54] sa [1:39:54] confidentiality [1:39:55] pero [1:39:56] lahat [1:39:56] po [1:39:56] ba [1:39:57] sila [1:39:57] ngayon [1:39:58] kasunod [1:39:59] ng [1:39:59] hiningi [1:40:00] ni [1:40:00] Senate [1:40:01] President [1:40:01] Sherwin [1:40:01] at [1:40:02] itong [1:40:02] audit [1:40:03] procedure [1:40:04] nyo [1:40:04] makukumpleto [1:40:06] na po [1:40:07] ba [1:40:07] ng [1:40:07] ERC [1:40:07] yung [1:40:08] larawan [1:40:09] niyang [1:40:10] fuel [1:40:10] na [1:40:11] mahalagang [1:40:12] factor [1:40:12] sa [1:40:13] generation [1:40:13] pass [1:40:14] through [1:40:14] na [1:40:14] pinakamalaking [1:40:15] item [1:40:16] sa [1:40:16] electric [1:40:16] bill [1:40:16] po [1:40:17] ngayon [1:40:18] po [1:40:18] ay [1:40:18] sinisimula [1:40:19] namin [1:40:20] dahil [1:40:20] inuuna [1:40:22] lang po [1:40:22] namin [1:40:22] kung [1:40:22] ano [1:40:23] yung [1:40:23] mas [1:40:23] urgent [1:40:23] ito [1:40:24] pong [1:40:24] sa [1:40:25] current [1:40:25] na [1:40:26] pag-audit [1:40:27] namin [1:40:28] at [1:40:28] matapos [1:40:28] ito [1:40:28] if [1:40:29] this [1:40:29] will [1:40:30] already [1:40:30] be [1:40:30] in [1:40:31] place [1:40:31] tinitingnan [1:40:32] po [1:40:32] namin [1:40:32] kung [1:40:32] ano [1:40:33] yung [1:40:33] nararapat [1:40:34] na [1:40:34] amendments [1:40:35] doon [1:40:36] sa aming [1:40:36] umiiral [1:40:37] na [1:40:37] generation [1:40:39] charge [1:40:41] na [1:40:42] adjustment [1:40:42] mechanism [1:40:44] kung [1:40:44] maaaring [1:40:45] meron [1:40:45] ganito [1:40:46] munang [1:40:46] verifikasyon [1:40:47] na gagawin [1:40:48] ng [1:40:48] ERC [1:40:49] kahit [1:40:49] mabilisan [1:40:50] lang [1:40:50] bago [1:40:51] magpapatupad [1:40:52] ang ating [1:40:52] mga [1:40:52] distribution [1:40:53] utilities [1:40:54] ng [1:40:54] kanilang [1:40:54] generation [1:40:56] charges [1:40:56] and [1:40:56] other [1:40:57] charges [1:40:57] for [1:40:58] the [1:40:58] current [1:40:58] month [1:40:59] ang [1:40:59] talagang [1:41:00] limitasyon [1:41:01] namin [1:41:01] bukod [1:41:01] sa [1:41:02] personnel [1:41:03] at [1:41:03] resources [1:41:05] ng [1:41:05] commission [1:41:06] ay yung [1:41:06] time [1:41:06] meron [1:41:07] po din [1:41:07] kasing [1:41:08] time [1:41:08] element [1:41:09] na [1:41:09] involved [1:41:10] dito [1:41:10] dahil [1:41:10] maikli [1:41:12] lang [1:41:12] ang [1:41:13] window [1:41:13] na [1:41:13] pinag-uusapan [1:41:14] natin [1:41:14] kung saan [1:41:15] kung hindi [1:41:16] kaagad [1:41:17] magkakaroon [1:41:17] ng bagong [1:41:18] singil [1:41:19] ang ating [1:41:19] mga [1:41:19] distribution [1:41:20] utilities [1:41:21] halimbawa [1:41:22] nitong [1:41:23] nakaraang [1:41:23] buwan [1:41:23] ay talagang [1:41:24] tumaas [1:41:24] naman [1:41:25] ang [1:41:25] kanilang [1:41:26] kuha [1:41:27] ng [1:41:27] generation [1:41:28] mula [1:41:28] sa [1:41:28] mga [1:41:28] generation [1:41:29] companies [1:41:29] at [1:41:30] kung [1:41:30] ito [1:41:30] ay [1:41:31] hindi [1:41:31] kaagad [1:41:31] nila [1:41:31] maipatutupad [1:41:34] ang [1:41:34] adjustment [1:41:34] sa [1:41:35] kanilang [1:41:35] generation [1:41:35] charge [1:41:36] mga [1:41:36] ngahulugan [1:41:37] ito [1:41:37] na [1:41:37] meron [1:41:38] silang [1:41:38] hawakang [1:41:39] cost [1:41:39] na [1:41:40] wala [1:41:40] naman [1:41:40] sa [1:41:40] kanilang [1:41:41] taripa [1:41:41] so [1:41:42] pupwede [1:41:43] na [1:41:43] kung [1:41:43] mayroon [1:41:44] talagang [1:41:44] delay [1:41:45] na [1:41:46] mangyayari [1:41:46] dahil [1:41:47] sa [1:41:47] pre-audit [1:41:48] na [1:41:48] gagawin [1:41:49] ng [1:41:49] ERC [1:41:50] ay [1:41:50] titignan [1:41:51] naman [1:41:51] namin [1:41:52] kung [1:41:52] paano [1:41:57] ng [1:41:57] kanilang [1:41:58] supplier [1:41:58] na [1:41:58] nagsupply [1:41:59] nitong [1:41:59] nakaraang [1:42:00] buwan [1:42:00] pero [1:42:00] hindi pa [1:42:01] nila [1:42:01] makolekta [1:42:02] for [1:42:02] the [1:42:02] ensuing [1:42:03] month [1:42:03] Pero [1:42:04] Chair [1:42:04] kung [1:42:05] magkaroon [1:42:05] man [1:42:06] ng [1:42:06] delay [1:42:06] at [1:42:06] sana [1:42:07] kung [1:42:07] magkaroon [1:42:07] maikli [1:42:08] lamang [1:42:08] ito [1:42:09] kailangan [1:42:10] namang [1:42:10] tapusin [1:42:12] yung [1:42:12] audit [1:42:12] kasi [1:42:13] kung [1:42:13] hindi [1:42:13] matapos [1:42:14] ng [1:42:14] ERC [1:42:15] ang [1:42:15] audit [1:42:15] paano [1:42:16] nyo [1:42:16] malalaman [1:42:16] ano [1:42:17] yung [1:42:17] tamang [1:42:18] bataya [1:42:19] ng [1:42:19] fuel [1:42:20] cost [1:42:21] na [1:42:21] item [1:42:21] na yan [1:42:22] na [1:42:22] malaking [1:42:23] factor [1:42:23] doon [1:42:23] sa [1:42:23] item [1:42:24] ng [1:42:24] generation [1:42:24] sa [1:42:25] building [1:42:25] po [1:42:25] ba? [1:42:26] Opo [1:42:27] meron [1:42:27] naman [1:42:27] po [1:42:28] talagang [1:42:28] post [1:42:29] audit [1:42:29] na [1:42:30] confirmation [1:42:30] process [1:42:31] na [1:42:31] isinasagawa [1:42:32] namin [1:42:32] kaya [1:42:33] lang [1:42:33] ito [1:42:33] ay [1:42:34] in-schedule [1:42:35] namin [1:42:36] ng [1:42:36] over [1:42:36] 3 [1:42:37] years [1:42:37] dahil [1:42:38] sa [1:42:38] dami [1:42:39] na [1:42:39] rin [1:42:39] po [1:42:39] ng [1:42:39] ating [1:42:40] mga [1:42:40] distribution [1:42:41] utilities [1:42:41] may [1:42:42] 140 [1:42:42] sila [1:42:43] so [1:42:43] ginrupo [1:42:44] namin [1:42:44] ng [1:42:44] Luzon [1:42:45] Visayas [1:42:45] Mindanao [1:42:46] kada [1:42:46] isang [1:42:47] taon [1:42:47] na [1:42:47] nagdaan [1:42:48] mayroong [1:42:49] isang [1:42:50] distribution [1:42:50] group [1:42:51] ng [1:42:52] distribution [1:42:52] utilities [1:42:53] ang magsusumite [1:42:54] ng kanilang [1:42:54] confirmation [1:42:55] so [1:42:55] post audit [1:42:56] po [1:42:56] natitingnan [1:42:57] lahat [1:42:57] ng mga [1:42:57] resibong [1:42:58] at lahat [1:43:00] ng [1:43:00] supporting [1:43:00] documents [1:43:01] na isinusumite [1:43:02] ng ating [1:43:02] mga [1:43:03] distribution [1:43:03] utilities [1:43:04] sa ERC [1:43:05] buwan-buwan [1:43:05] pero [1:43:06] yun nga [1:43:06] din po [1:43:07] ang tinitingnan [1:43:07] namin [1:43:08] kung paano [1:43:08] pa ito [1:43:09] medyo [1:43:09] mas [1:43:09] masisiksik [1:43:10] yung timeline [1:43:11] ng [1:43:11] sa galon [1:43:12] mas [1:43:12] mas [1:43:13] immediate [1:43:14] ang magiging [1:43:15] action po [1:43:15] namin [1:43:16] Oo please [1:43:16] Chair [1:43:17] Mr. [1:43:17] Chair [1:43:18] immediate [1:43:18] hindi na [1:43:19] kayang [1:43:20] maghintay [1:43:20] ng tatlong [1:43:20] taon [1:43:21] yung [1:43:21] mga [1:43:21] consumers [1:43:22] po [1:43:22] natin [1:43:22] ayaw [1:43:23] natin [1:43:23] ng may [1:43:24] delay [1:43:25] sa mga [1:43:26] distributors [1:43:27] pero [1:43:27] siguro [1:43:28] mas manipis [1:43:29] pa yung [1:43:29] buffer [1:43:30] ng mga [1:43:31] consumers [1:43:31] para [1:43:32] makapaghintay [1:43:33] hindi [1:43:33] lang sa [1:43:34] mga [1:43:34] refund [1:43:34] na ang [1:43:35] tagal-tagal [1:43:35] mangyari [1:43:36] pero [1:43:37] na magkaroon [1:43:37] ng [1:43:38] pagbaba [1:43:39] sa tama [1:43:39] namang [1:43:40] dapat [1:43:40] isingil [1:43:41] sa kanila [1:43:42] and [1:43:42] malaking [1:43:43] inaasahan [1:43:43] po [1:43:43] doon [1:43:44] yung [1:43:45] audit [1:43:45] ng [1:43:46] ERC [1:43:46] Mr. [1:43:47] Chair [1:43:47] for [1:43:48] last question [1:43:49] ko sa [1:43:49] topic [1:43:50] gusto [1:43:50] po [1:43:50] i-flash [1:43:51] yung [1:43:51] isang [1:43:51] letter [1:43:52] na [1:43:52] pindadala [1:43:53] ng [1:43:54] ERC [1:43:54] kay [1:43:56] Senate [1:43:56] President [1:43:57] at [1:43:57] ito [1:43:57] ay [1:43:58] nagpapakita [1:43:59] na may [1:43:59] mga [1:44:00] generation [1:44:00] companies [1:44:01] talaga [1:44:01] ayaw [1:44:02] magbigay [1:44:03] ng [1:44:03] kanilang [1:44:03] mga [1:44:04] resibo [1:44:04] para [1:44:05] sa [1:44:05] audit [1:44:06] na yan [1:44:06] So [1:44:07] Chair [1:44:08] Juan [1:44:08] ibig [1:44:08] po [1:44:08] bang [1:44:09] sabihin [1:44:09] sa [1:44:09] sulat [1:44:10] na [1:44:10] ito [1:44:11] bukod [1:44:12] sa [1:44:12] nawawalang [1:44:13] kuryente [1:44:13] bunga [1:44:15] ng [1:44:15] systems [1:44:15] laws [1:44:16] na [1:44:16] unang [1:44:18] agenda [1:44:18] natin [1:44:18] sa [1:44:19] hearing [1:44:19] ngayong [1:44:20] umaga [1:44:20] na [1:44:21] may [1:44:22] nawawala [1:44:23] ring [1:44:23] mga [1:44:23] resibo [1:44:23] mula [1:44:24] sa [1:44:24] generation [1:44:27] cost [1:44:27] na [1:44:27] maaring [1:44:28] na ipapasa [1:44:29] na rin [1:44:29] na [1:44:30] napapas [1:44:30] through [1:44:30] na rin [1:44:30] napapasalo [1:44:31] na sa [1:44:32] consumers [1:44:32] kahit [1:44:33] nga [1:44:33] po [1:44:33] hindi [1:44:35] napapayagang [1:44:36] makompleto [1:44:36] ang audit [1:44:37] ng [1:44:37] ERC [1:44:38] Pagdating [1:44:40] naman po [1:44:41] sa [1:44:41] resibo [1:44:41] alam [1:44:42] naman [1:44:42] natin [1:44:42] na [1:44:43] kumpleto [1:44:43] yung [1:44:43] sinusubmite [1:44:44] buwan-buwan [1:44:44] ng [1:44:44] ating [1:44:45] mga [1:44:45] distribution [1:44:45] utilities [1:44:46] na [1:44:47] supporting [1:44:47] documents [1:44:48] nila [1:44:48] sa [1:44:48] kalkulasyon [1:44:49] nila [1:44:49] ng [1:44:49] kanilang [1:44:50] pass-through [1:44:50] charges [1:44:51] at [1:44:51] kasama [1:44:51] na nga [1:44:51] dito [1:44:52] ang [1:44:52] generation [1:44:53] charge [1:44:53] So [1:44:53] balit [1:44:54] kung [1:44:54] gusto [1:44:55] nga [1:44:55] talaga [1:44:55] natin [1:44:55] na [1:44:55] mas [1:44:56] lalaliman [1:44:56] pa [1:44:56] at [1:44:57] berifikahin [1:44:58] kung tama [1:44:59] naman [1:44:59] talaga [1:44:59] yung [1:45:00] sinisingil [1:45:01] ng [1:45:01] generation [1:45:01] o yung [1:45:02] binibill [1:45:02] ng [1:45:03] generation [1:45:03] company [1:45:04] Ang alam [1:45:05] naman po [1:45:05] natin [1:45:05] marami [1:45:06] sa ating [1:45:06] mga [1:45:06] utilities [1:45:07] ang [1:45:08] nakikipag-upuan [1:45:09] sa kanilang [1:45:10] generation [1:45:10] supplier [1:45:11] bago pa [1:45:12] man [1:45:12] nila [1:45:13] tanggapin [1:45:13] yung [1:45:14] billing [1:45:14] na yan [1:45:14] at [1:45:15] nagkakaroon [1:45:15] sila [1:45:15] ng [1:45:16] reconciliation [1:45:16] at [1:45:17] determination [1:45:17] kung [1:45:18] naayon [1:45:18] ngayon [1:45:19] sa [1:45:19] aprobadong [1:45:19] formula [1:45:20] pero [1:45:20] ito [1:45:21] po [1:45:21] ay [1:45:21] aksyon [1:45:22] ng [1:45:22] ating [1:45:23] mga [1:45:23] distribution [1:45:23] utilities [1:45:24] at [1:45:24] alam [1:45:25] po [1:45:25] namin [1:45:25] aminado [1:45:25] kami [1:45:26] na dapat [1:45:26] ang [1:45:27] ERC [1:45:27] po [1:45:27] ay [1:45:27] fittingin [1:45:29] din [1:45:29] para [1:45:29] nang [1:45:30] masiguro [1:45:31] na tama [1:45:31] lahat [1:45:32] ang paniningil [1:45:32] ng ating [1:45:33] mga [1:45:33] generation [1:45:33] companies [1:45:34] sa ating [1:45:34] mga [1:45:34] distribution [1:45:35] utilities [1:45:35] at [1:45:36] yung [1:45:36] kalkulasyon [1:45:36] ng [1:45:37] mga [1:45:37] distribution [1:45:38] utilities [1:45:38] sa [1:45:39] kanilang [1:45:39] pass-through [1:45:39] charges [1:45:40] na [1:45:40] iniimpose [1:45:41] sa [1:45:41] kanilang [1:45:41] mga [1:45:41] consumers [1:45:42] Ilan [1:45:43] po [1:45:43] sa [1:45:43] mga [1:45:44] generation [1:45:44] companies [1:45:45] ay [1:45:45] nag-comply [1:45:45] na [1:45:46] dun [1:45:46] sa [1:45:47] audit [1:45:47] requirements [1:45:48] ng [1:45:48] ERC [1:45:49] at [1:45:49] ilan [1:45:50] pa [1:45:50] yung [1:45:50] hindi [1:45:50] pa [1:45:50] nagbibigay [1:45:51] ng [1:45:51] mga [1:45:51] resibo [1:45:51] nila [1:45:52] Dito [1:45:53] po [1:45:53] sa [1:45:53] bagong [1:45:53] sasagawa [1:45:54] namin [1:45:54] kahapon [1:45:56] lang [1:45:56] po [1:45:56] namin [1:45:56] na [1:45:56] approve [1:45:57] yung [1:45:57] audit [1:45:57] procedure [1:45:58] so [1:45:58] ngayon [1:45:58] pa [1:45:58] lang [1:45:58] po [1:45:58] lalabas [1:45:59] yung [1:45:59] aming [1:45:59] mga [1:45:59] audit [1:46:00] letters [1:46:00] para [1:46:01] sa [1:46:01] kanila [1:46:01] Pero [1:46:01] yung [1:46:02] nakaraan [1:46:02] po [1:46:02] yung [1:46:02] sumabog [1:46:03] yung [1:46:03] Ukraine [1:46:04] war [1:46:04] ilang [1:46:05] porsyento [1:46:05] yung [1:46:05] nag-comply [1:46:06] ilang [1:46:06] porsyento [1:46:07] yung [1:46:07] hindi [1:46:07] pa [1:46:07] nag-comply [1:46:08] at [1:46:08] hanggang [1:46:08] ngayon [1:46:09] I'm sorry [1:46:10] Mr. Chair [1:46:11] hindi ko [1:46:11] po [1:46:11] dala [1:46:11] ngayon [1:46:12] but [1:46:12] we [1:46:12] will [1:46:12] gladly [1:46:13] provide [1:46:14] the [1:46:14] committee [1:46:14] the [1:46:15] information [1:46:15] requested [1:46:16] Salamat [1:46:17] Chair [1:46:17] at [1:46:17] Salamat [1:46:18] Mr. [1:46:18] Chair [1:46:18] May huling [1:46:19] tanong [1:46:20] ako [1:46:20] mamaya [1:46:20] Mr. [1:46:20] Chair [1:46:21] tungkol [1:46:21] sa [1:46:21] consumer [1:46:21] protection [1:46:22] Salamat [1:46:22] po [1:46:22] Susundan [1:46:24] po [1:46:24] lang [1:46:24] itong [1:46:24] topic [1:46:26] ng [1:46:26] fuel [1:46:26] pass [1:46:27] through [1:46:27] Can [1:46:28] you [1:46:28] go [1:46:28] back [1:46:28] to [1:46:28] the [1:46:29] earlier [1:46:29] slide [1:46:30] Kasi [1:46:31] pagtitignan [1:46:32] natin [1:46:32] dito [1:46:33] Chairman [1:46:33] Juan [1:46:34] Ang [1:46:40] Bill [1:46:40] is [1:46:40] generation [1:46:41] at [1:46:42] pagtitignan [1:46:42] natin [1:46:42] yung [1:46:43] generation [1:46:43] wala [1:46:44] lang [1:46:44] breakdown [1:46:45] dito [1:46:45] I'm [1:46:45] very [1:46:46] sure [1:46:46] malaki [1:46:47] dyan [1:46:47] ay [1:46:48] fuel [1:46:48] except [1:46:49] for [1:46:50] RE [1:46:50] of [1:46:50] course [1:46:51] but [1:46:52] for [1:46:53] coal [1:46:53] LNG [1:46:54] for [1:46:55] gas [1:46:56] malaki [1:46:57] dyan [1:46:57] fuel [1:46:57] and [1:46:59] alam [1:46:59] naman [1:46:59] natin [1:46:59] lahat [1:47:00] ang [1:47:00] fuel [1:47:00] pass [1:47:01] through [1:47:01] yan [1:47:01] pag [1:47:02] tumas [1:47:02] ang [1:47:03] presyo [1:47:03] consumer [1:47:03] ang [1:47:04] sasalo [1:47:05] pag [1:47:05] bumaba [1:47:05] ewan [1:47:06] ko [1:47:06] lang [1:47:06] ibababa [1:47:07] rin [1:47:08] yung [1:47:08] presyo [1:47:08] kaagad [1:47:09] but [1:47:10] ang [1:47:10] punto [1:47:10] natin [1:47:11] dito [1:47:11] kung [1:47:11] gusto [1:47:12] natin [1:47:12] pababay [1:47:13] ng [1:47:13] electricity [1:47:13] bill [1:47:14] natin [1:47:14] dapat [1:47:15] mag [1:47:15] target [1:47:16] natin [1:47:16] yung [1:47:16] pinakamalaking [1:47:17] singil [1:47:18] which is [1:47:18] generation [1:47:19] so [1:47:20] that's [1:47:21] why [1:47:21] yan [1:47:21] ang [1:47:21] punto [1:47:21] namin [1:47:22] ni [1:47:22] Senator [1:47:22] Risa [1:47:23] na [1:47:23] dapat [1:47:24] maaudit [1:47:25] mabuti [1:47:25] at [1:47:26] makita [1:47:27] natin [1:47:27] kung [1:47:28] tama [1:47:28] ang [1:47:28] ipinapasa [1:47:29] sa [1:47:29] consumers [1:47:30] yan [1:47:31] ang [1:47:31] tanong [1:47:31] ko [1:47:31] Chair [1:47:33] Juan [1:47:33] is [1:47:34] assuming [1:47:35] na [1:47:36] audit [1:47:37] nyo [1:47:37] hindi [1:47:37] tama [1:47:38] o [1:47:38] labis [1:47:39] labis [1:47:39] yung [1:47:39] pinapasa [1:47:40] consumer [1:47:40] is [1:47:41] there [1:47:41] a [1:47:41] mechanism [1:47:41] to [1:47:42] compel [1:47:43] the [1:47:43] DU [1:47:43] or [1:47:44] the [1:47:45] GENCO [1:47:45] to [1:47:46] refund [1:47:46] Opo [1:47:48] nakapalob [1:47:49] naman [1:47:49] dun [1:47:49] sa [1:47:49] ating [1:47:50] confirmation [1:47:50] process [1:47:51] na [1:47:52] mayroon [1:47:52] talagang [1:47:53] refund [1:47:54] and [1:47:54] collect [1:47:55] mechanisms [1:47:56] sa tuwing [1:47:56] magkukumpirma tayo [1:47:57] ng [1:47:57] over or [1:47:58] under [1:47:58] recoveries [1:47:59] in the [1:48:00] implementation [1:48:01] of the [1:48:01] pass-through [1:48:02] charges [1:48:02] of our [1:48:02] distribution [1:48:03] utilities [1:48:04] at [1:48:04] dito [1:48:04] nga [1:48:05] din [1:48:05] sa [1:48:05] audit [1:48:05] na [1:48:05] isasagawa [1:48:06] natin [1:48:06] nakalagay [1:48:07] naman [1:48:07] dun [1:48:07] sa [1:48:07] audit [1:48:08] procedure [1:48:08] na [1:48:08] kung [1:48:09] ang [1:48:12] recovery [1:48:12] ay [1:48:12] maaaring [1:48:13] magpalabas [1:48:13] na ng [1:48:14] direktiba [1:48:14] ang [1:48:14] komisyon [1:48:15] agad-agad [1:48:16] upang [1:48:16] maipabalik [1:48:17] kung ano [1:48:18] man [1:48:18] ang makikita [1:48:18] sobra [1:48:19] without [1:48:20] prejudice [1:48:20] to the [1:48:20] issuance [1:48:21] of [1:48:21] short [1:48:21] cost [1:48:21] order [1:48:22] Yung [1:48:22] over [1:48:23] recovery [1:48:23] sa [1:48:23] generation [1:48:24] yan [1:48:25] but [1:48:25] ito [1:48:25] is [1:48:26] assuming [1:48:28] the [1:48:29] pricing [1:48:30] of [1:48:30] fuel [1:48:31] is [1:48:31] matasya [1:48:33] more [1:48:34] than [1:48:34] market [1:48:36] price [1:48:37] or even [1:48:37] more [1:48:37] than [1:48:38] what [1:48:38] they [1:48:38] have [1:48:38] bought [1:48:38] magkano [1:48:39] yung [1:48:40] bilhin [1:48:40] nila [1:48:40] pwede [1:48:40] na [1:48:40] i-refund [1:48:41] yan [1:48:41] ng [1:48:41] DU [1:48:42] o [1:48:42] i-refund [1:48:43] yan [1:48:43] ng [1:48:43] generation [1:48:44] Assuming [1:48:46] nakita [1:48:48] nyo [1:48:48] na [1:48:49] binili [1:48:49] nila [1:48:49] mas [1:48:51] mababa [1:48:51] tapos [1:48:52] sinarge [1:48:52] sa [1:48:52] consumer [1:48:53] mas [1:48:53] mataas [1:48:53] Kung [1:48:55] sumobra [1:48:56] ang [1:48:56] generation [1:48:58] company [1:48:59] ang [1:48:59] refund [1:49:00] ay [1:49:01] isasagawa [1:49:01] ng [1:49:01] distribution [1:49:02] utilities [1:49:03] dahil [1:49:03] sila [1:49:04] yung [1:49:04] naniningil [1:49:04] sa [1:49:04] consumers [1:49:05] pero [1:49:06] kukunin [1:49:07] nila yan [1:49:07] mula [1:49:07] sa [1:49:08] generator [1:49:08] na [1:49:08] hindi [1:49:09] tumupa [1:49:09] sa [1:49:10] usapan [1:49:11] o sa [1:49:12] kontrata [1:49:13] patungkol [1:49:13] sa [1:49:14] implementation [1:49:15] ng [1:49:15] fuel [1:49:16] adjustment [1:49:18] mechanism [1:49:18] nila [1:49:19] So titignan [1:49:19] nyo rin [1:49:20] yung [1:49:20] kontrata [1:49:21] ng dalawa [1:49:21] dahil yung [1:49:22] kontrata [1:49:22] is between [1:49:22] the DU [1:49:23] and the [1:49:23] generation [1:49:24] Opo [1:49:24] lalo na [1:49:25] yung mga [1:49:25] kontrata [1:49:26] ang dumaan [1:49:26] sa amin [1:49:27] sa pag-aproba [1:49:28] Sige [1:49:28] ganito na lang [1:49:29] please submit [1:49:30] to the [1:49:31] committee [1:49:31] yung timetable [1:49:33] nitong [1:49:33] fuel [1:49:34] pass-through [1:49:35] audit [1:49:35] para masundan [1:49:37] rin namin [1:49:38] and [1:49:39] nakita ko [1:49:40] nga kanina [1:49:41] doon sa [1:49:41] slide [1:49:42] ni [1:49:43] Senator [1:49:43] Risa [1:49:43] na maraming [1:49:44] hindi [1:49:44] tumutupad [1:49:45] give us [1:49:47] also [1:49:47] an update [1:49:48] kung sino [1:49:48] yung mga [1:49:49] hindi [1:49:49] tumutupad [1:49:50] especially [1:49:51] mga [1:49:51] DU [1:49:51] can you [1:49:52] move [1:49:53] forward [1:49:54] ulit [1:49:54] in [1:49:54] slide [1:49:54] kasi [1:49:56] nag-issue [1:49:56] kayo ng [1:49:57] 400 [1:49:57] plus [1:49:58] show [1:49:58] cost [1:49:58] orders [1:49:59] ahead [1:50:01] pa [1:50:01] in [1:50:02] next [1:50:02] slide [1:50:03] yan [1:50:05] so [1:50:06] mayroon [1:50:06] 104 [1:50:07] DU's [1:50:07] and [1:50:08] 37 [1:50:08] gen [1:50:09] codes [1:50:09] in [1:50:09] 104 [1:50:10] DU's [1:50:10] mga [1:50:11] regulated [1:50:11] entities [1:50:12] yan [1:50:13] may mga [1:50:13] prangkisa [1:50:14] yan [1:50:14] na [1:50:15] dumadaan [1:50:15] sa [1:50:15] kongreso [1:50:16] so [1:50:16] kung [1:50:17] hindi [1:50:17] sila [1:50:17] sumusunod [1:50:18] pwedeng [1:50:19] i-recommend [1:50:21] ng ating [1:50:21] chairman [1:50:21] an audit [1:50:22] of their [1:50:23] franchise [1:50:23] or even [1:50:24] cancellation [1:50:24] if [1:50:25] necessary [1:50:25] but [1:50:27] ang [1:50:29] is [1:50:29] we [1:50:29] have [1:50:29] to [1:50:29] make [1:50:30] sure [1:50:30] na [1:50:31] yung [1:50:31] pinapasa [1:50:32] sa [1:50:32] consumers [1:50:32] reasonable [1:50:34] or [1:50:34] tama [1:50:34] wala [1:50:35] naman [1:50:36] tayo [1:50:36] inaakusa [1:50:36] baka gusto [1:50:37] lang [1:50:37] natin [1:50:38] malaman [1:50:38] na [1:50:39] hindi [1:50:40] inaabuso [1:50:41] yung [1:50:42] sitwasyon [1:50:43] dahil [1:50:44] nga [1:50:44] mabilis [1:50:44] ang [1:50:45] pagtaas [1:50:45] ng [1:50:45] presyo [1:50:46] ng [1:50:46] fuel [1:50:46] at [1:50:46] hindi [1:50:47] inaabuso [1:50:47] yun [1:50:48] so [1:50:48] yun [1:50:48] ang [1:50:48] punto [1:50:49] naman [1:50:49] ng [1:50:49] committee [1:50:50] so [1:50:50] submit [1:50:50] to [1:50:50] as [1:50:50] a [1:50:50] timetable [1:50:51] submit [1:50:52] to [1:50:52] as [1:50:52] an [1:50:52] audit [1:50:53] plan [1:50:53] submit [1:50:54] to [1:50:54] as [1:50:54] yung [1:50:58] inyong [1:50:58] resolution [1:50:59] para [1:50:59] mag-guide [1:50:59] rin kami [1:51:00] kung ano [1:51:00] ba yung [1:51:00] resolution [1:51:01] yun [1:51:01] yun [1:51:01] at [1:51:02] of [1:51:03] course [1:51:03] submit [1:51:03] to [1:51:03] us [1:51:04] itong [1:51:04] mga [1:51:05] personalities [1:51:06] na [1:51:06] hindi [1:51:06] ko [1:51:06] nagko [1:51:06] comply [1:51:07] second [1:51:11] question [1:51:11] is [1:51:11] only [1:51:12] lifeline [1:51:13] not [1:51:14] lifeline [1:51:14] yung [1:51:15] system [1:51:15] loss [1:51:15] I was [1:51:16] listening [1:51:16] to [1:51:16] St. [1:51:17] Teresa [1:51:17] and [1:51:18] our [1:51:18] chairman [1:51:18] earlier [1:51:19] tanatanong [1:51:21] ko [1:51:21] sa [1:51:21] ERC [1:51:22] tsaka [1:51:22] sa [1:51:22] DOE [1:51:23] yung [1:51:24] sa [1:51:24] sona [1:51:24] ni [1:51:25] presidente [1:51:25] na [1:51:26] consult [1:51:26] ba [1:51:27] kayo [1:51:27] bago [1:51:27] niya [1:51:27] binanggit [1:51:28] yun [1:51:28] Mr. [1:51:33] Chair [1:51:33] on the [1:51:33] part [1:51:33] of [1:51:33] the [1:51:33] DOE [1:51:34] we [1:51:34] have [1:51:35] always [1:51:35] supported [1:51:36] the [1:51:37] removal [1:51:38] of [1:51:38] the [1:51:39] VAT [1:51:39] on [1:51:40] the [1:51:40] system [1:51:41] loss [1:51:42] we [1:51:45] have [1:51:45] submitted [1:51:46] several [1:51:46] when we [1:51:49] were asked [1:51:49] on the [1:51:50] what [1:51:50] should [1:51:51] be [1:51:51] part [1:51:51] of [1:51:51] the [1:51:52] SONA [1:51:52] that [1:51:53] is [1:51:53] not [1:51:54] one [1:51:54] of [1:51:54] those [1:51:54] items [1:51:55] but [1:51:55] I [1:51:56] would [1:51:56] have [1:51:56] to [1:51:57] check [1:51:57] with [1:51:57] the [1:51:57] secretary [1:51:57] if [1:51:58] it [1:51:58] was [1:51:58] something [1:51:58] that [1:51:59] was [1:51:59] discussed [1:51:59] and [1:52:00] we [1:52:01] will [1:52:01] revert [1:52:02] you [1:52:02] sa [1:52:02] ERC [1:52:03] being [1:52:03] the [1:52:03] regulator [1:52:04] hindi [1:52:05] po [1:52:06] kasi [1:52:06] ang [1:52:08] in-expect [1:52:09] kong [1:52:09] answer [1:52:09] niyo [1:52:09] kasi [1:52:09] Teresa [1:52:10] yung [1:52:11] timetable [1:52:12] paano [1:52:12] i-implement [1:52:13] this is [1:52:14] a policy [1:52:14] directive [1:52:15] ng [1:52:15] Presidente [1:52:16] through [1:52:16] the [1:52:16] SONA [1:52:17] so [1:52:18] in [1:52:18] other [1:52:19] words [1:52:19] dapat [1:52:20] na [1:52:20] i-implement [1:52:21] ito [1:52:21] and [1:52:22] ang [1:52:22] in-expect [1:52:23] ko [1:52:23] kung [1:52:23] na-consult [1:52:24] kayo [1:52:24] meron [1:52:25] na [1:52:25] kayong [1:52:25] timetable [1:52:26] kung [1:52:26] kailangan [1:52:26] may [1:52:26] implement [1:52:27] meron [1:52:28] na [1:52:28] kayong [1:52:28] mechanism [1:52:28] kung [1:52:29] kailangan [1:52:29] implement [1:52:30] meron [1:52:30] na [1:52:30] rin [1:52:30] kayong [1:52:31] batas [1:52:31] na [1:52:31] ibibigay [1:52:32] sa [1:52:32] amin [1:52:32] para [1:52:32] i-hear [1:52:36] na [1:52:36] ng [1:52:36] ating [1:52:36] chairman [1:52:37] so [1:52:38] that [1:52:38] is [1:52:38] the [1:52:39] answer [1:52:39] that [1:52:39] I'm [1:52:39] expecting [1:52:40] from [1:52:40] all [1:52:41] of [1:52:42] you [1:52:42] hindi [1:52:42] lang [1:52:42] yung [1:52:42] pag-aaralan [1:52:43] natin [1:52:43] ngayon [1:52:43] hindi [1:52:44] implementation [1:52:46] na [1:52:46] ang [1:52:46] pag-uusapan [1:52:47] kasi [1:52:47] policy [1:52:48] directive [1:52:48] na [1:52:48] ito [1:52:49] eh [1:52:49] hindi [1:52:50] na [1:52:50] ito [1:52:50] kumbaga [1:52:51] this [1:52:53] is [1:52:53] a [1:52:53] an [1:52:55] instruction [1:52:55] to [1:52:56] implement [1:52:57] it [1:52:57] so [1:52:58] kaya [1:52:59] gusto [1:52:59] kong [1:52:59] malaman [1:53:00] kung [1:53:01] merong [1:53:01] consultation [1:53:03] or [1:53:04] recommendation [1:53:04] na [1:53:05] yun [1:53:05] galing [1:53:05] sa [1:53:05] inyo [1:53:06] Mr. Chair [1:53:08] as regards [1:53:08] the [1:53:08] draft [1:53:09] of [1:53:09] the [1:53:09] bill [1:53:09] we'll [1:53:09] be [1:53:10] submitting [1:53:10] a [1:53:10] draft [1:53:11] of [1:53:11] the [1:53:11] bill [1:53:11] regarding [1:53:11] the [1:53:12] sariling [1:53:13] kuryente [1:53:14] act [1:53:14] and also [1:53:15] on [1:53:15] the [1:53:15] systems [1:53:15] laws [1:53:16] but [1:53:16] having [1:53:17] said [1:53:17] that [1:53:17] meron [1:53:18] ng [1:53:18] eight [1:53:18] bills [1:53:18] dito [1:53:19] according [1:53:19] to [1:53:20] our [1:53:20] chairman [1:53:20] on [1:53:20] the [1:53:21] removal [1:53:21] of [1:53:22] system [1:53:22] laws [1:53:22] and [1:53:23] sabi ko [1:53:24] nga [1:53:24] that [1:53:24] is [1:53:25] water [1:53:25] under [1:53:25] the [1:53:25] bridge [1:53:26] ibig [1:53:26] sabihin [1:53:26] we [1:53:27] have [1:53:27] to [1:53:27] move [1:53:27] forward [1:53:28] to [1:53:28] that's [1:53:28] a [1:53:28] policy [1:53:29] directive [1:53:29] that [1:53:29] we [1:53:30] all [1:53:30] support [1:53:30] eight [1:53:32] bills [1:53:32] dito [1:53:33] so [1:53:33] ibig [1:53:33] sabihin [1:53:33] maraming [1:53:35] senator [1:53:35] ang [1:53:35] sumusuporta [1:53:36] sa [1:53:36] pagtanggal [1:53:37] ng [1:53:37] system [1:53:37] laws [1:53:38] although [1:53:39] kanina [1:53:39] kaya [1:53:40] rin [1:53:40] ako [1:53:40] nalita [1:53:41] was [1:53:41] watching [1:53:41] the [1:53:41] news [1:53:42] nasabi [1:53:43] ng [1:53:43] ni [1:53:43] Mr. [1:53:44] Pangilinan [1:53:44] ang [1:53:45] Bosnia [1:53:45] attorney [1:53:46] Valias [1:53:46] Meralco [1:53:47] na [1:53:48] sino [1:53:49] sasagot [1:53:49] ng [1:53:51] system [1:53:51] laws [1:53:51] obviously [1:53:53] ayaw [1:53:54] namin [1:53:54] mga [1:53:54] consumers [1:53:55] sagutin [1:53:55] yun [1:53:55] kaya [1:53:56] eight [1:53:57] ang [1:53:57] nagpasa [1:53:59] ng [1:53:59] bills [1:53:59] para [1:54:00] tanggalin [1:54:01] yung [1:54:01] system [1:54:01] laws [1:54:02] and [1:54:02] nakikita [1:54:06] namin [1:54:06] sasagot [1:54:06] yun [1:54:07] obviously [1:54:07] yung [1:54:08] distribution [1:54:08] company [1:54:09] and [1:54:10] it [1:54:10] will [1:54:10] be [1:54:10] part [1:54:11] of [1:54:11] their [1:54:11] cost [1:54:13] or [1:54:13] expense [1:54:13] in [1:54:14] generating [1:54:15] electricity [1:54:16] or [1:54:16] in [1:54:17] transmitting [1:54:17] electricity [1:54:18] so [1:54:19] nakikita [1:54:21] ko [1:54:21] naman [1:54:21] ang [1:54:21] kagandahan [1:54:22] naman [1:54:22] doon [1:54:22] ay [1:54:24] mapapwersa [1:54:25] ngayon [1:54:25] yung [1:54:25] mga [1:54:25] distribution [1:54:27] utilities [1:54:27] to be [1:54:28] more [1:54:28] efficient [1:54:28] ngayon [1:54:29] kasi [1:54:29] efficient [1:54:30] or [1:54:30] not [1:54:31] efficient [1:54:31] bahala [1:54:32] na [1:54:32] si [1:54:32] consumer [1:54:32] papasa [1:54:33] na [1:54:33] yun [1:54:34] of [1:54:35] course [1:54:35] sinasabi [1:54:35] nila [1:54:35] may [1:54:36] technology [1:54:36] and [1:54:37] all [1:54:37] that [1:54:37] pero [1:54:38] walang [1:54:38] pressure [1:54:39] for [1:54:39] them [1:54:39] to [1:54:40] lower [1:54:40] down [1:54:40] system [1:54:42] loss [1:54:42] because [1:54:42] everything [1:54:43] is [1:54:43] passed [1:54:43] to [1:54:44] the [1:54:44] consumers [1:54:44] so [1:54:45] ngayon [1:54:45] since [1:54:45] it's [1:54:46] part [1:54:46] of [1:54:46] their [1:54:46] cost [1:54:46] na [1:54:47] may [1:54:47] pupwersa [1:54:48] sila [1:54:48] na [1:54:48] talagang [1:54:49] pababaan [1:54:50] or [1:54:50] tanggalin [1:54:53] yung [1:54:53] system [1:54:54] loss [1:54:55] lalo [1:54:55] na [1:54:55] pagdating [1:54:56] sa [1:54:56] technical [1:54:56] sa [1:54:57] non [1:54:57] technical [1:54:58] makik [1:54:58] pag-usap [1:54:59] na [1:54:59] lang [1:54:59] sa [1:54:59] mga [1:55:00] polis [1:55:00] para [1:55:01] hulihin [1:55:02] yung [1:55:02] barangay [1:55:06] or [1:55:06] para [1:55:08] completely [1:55:09] matanggalin [1:55:09] non-technical [1:55:10] but [1:55:10] the point [1:55:11] of the [1:55:11] matter [1:55:11] there [1:55:11] is [1:55:12] as [1:55:13] consumers [1:55:13] agree [1:55:14] that [1:55:15] it [1:55:15] should [1:55:15] not [1:55:15] be [1:55:15] passed [1:55:16] on [1:55:17] because [1:55:17] we [1:55:18] don't [1:55:18] have [1:55:18] technical [1:55:20] losses [1:55:20] and [1:55:21] jumper [1:55:22] so [1:55:24] we [1:55:24] don't [1:55:24] have [1:55:24] to [1:55:25] pass [1:55:25] that [1:55:25] so [1:55:26] again [1:55:28] may [1:55:29] eight [1:55:29] bills [1:55:29] dito [1:55:30] and [1:55:30] our [1:55:31] chairman [1:55:31] will [1:55:32] fast [1:55:32] track [1:55:32] the [1:55:32] hearing [1:55:33] of [1:55:33] that [1:55:33] bill [1:55:33] so [1:55:34] we [1:55:35] expect [1:55:35] DOE [1:55:36] and ERC [1:55:36] to be [1:55:37] ready [1:55:37] with [1:55:37] data [1:55:38] with [1:55:38] the [1:55:38] mechanisms [1:55:39] dahil [1:55:40] kung [1:55:40] mag-hearing [1:55:41] ng [1:55:41] ating [1:55:41] chairman [1:55:42] kalam [1:55:43] masagot [1:55:43] na [1:55:43] lahat [1:55:43] ng [1:55:43] tanong [1:55:44] hindi [1:55:45] pwedeng [1:55:46] sa [1:55:46] next [1:55:46] week [1:55:47] or [1:55:47] next [1:55:47] month [1:55:47] or [1:55:48] it [1:55:48] has [1:55:48] to [1:55:49] be [1:55:49] answered [1:55:49] right [1:55:50] away [1:55:50] and [1:55:50] I [1:55:50] think [1:55:50] the [1:55:50] chairman [1:55:51] is [1:55:51] going [1:55:51] to [1:55:51] hear [1:55:52] that [1:55:52] next [1:55:53] week [1:55:54] so [1:55:55] all [1:55:55] of [1:55:55] the [1:55:55] questions [1:55:56] including [1:55:57] concerns [1:55:59] and other [1:56:00] utilities [1:56:01] especially [1:56:02] the [1:56:02] ECS [1:56:03] in concerns [1:56:07] of [1:56:07] Philreca [1:56:07] we [1:56:08] want to [1:56:12] make [1:56:12] sure [1:56:12] that [1:56:12] those [1:56:13] concerns [1:56:14] ma-address [1:56:14] nakita ko [1:56:17] sa notes [1:56:17] ko [1:56:17] ang [1:56:18] estimate [1:56:18] ng [1:56:18] system [1:56:20] loss [1:56:20] nationwide [1:56:21] is about [1:56:22] 70 to [1:56:23] 80 [1:56:23] billion [1:56:23] is that [1:56:24] correct [1:56:24] chair [1:56:26] one [1:56:26] in that [1:56:28] natin [1:56:28] lahat [1:56:28] ng [1:56:28] system [1:56:29] losses [1:56:29] being [1:56:29] charged [1:56:30] to [1:56:30] consumers [1:56:31] it's [1:56:31] about [1:56:32] 7 to [1:56:32] 80 [1:56:32] billion [1:56:33] is that [1:56:33] correct [1:56:33] I [1:56:35] don't [1:56:36] have [1:56:36] the [1:56:37] exact [1:56:37] data [1:56:38] but [1:56:38] based [1:56:39] on [1:56:39] the [1:56:39] Meralco [1:56:40] which [1:56:41] is [1:56:42] more [1:56:42] than [1:56:43] 70% [1:56:44] of [1:56:44] the [1:56:44] total [1:56:44] market [1:56:45] it's [1:56:45] already [1:56:46] 30 [1:56:47] billion [1:56:47] for [1:56:47] last [1:56:48] year [1:56:48] 30 [1:56:49] billion [1:56:49] last [1:56:49] year [1:56:49] so [1:56:50] remaining [1:56:51] 30 [1:56:51] overestimate [1:56:52] around [1:56:54] 35 [1:56:55] billion [1:56:55] easy [1:56:56] 40 [1:56:57] billion [1:56:58] let's [1:56:58] say [1:56:58] 45 [1:56:59] 45 [1:57:00] billion [1:57:00] easy [1:57:01] so [1:57:02] who [1:57:02] will [1:57:02] absorb [1:57:03] that [1:57:03] 45 [1:57:03] again [1:57:05] I [1:57:08] think [1:57:08] that [1:57:08] 45 [1:57:08] can [1:57:09] be [1:57:09] absorbed [1:57:10] by [1:57:10] the [1:57:10] distribution [1:57:11] utilities [1:57:11] they [1:57:13] just [1:57:13] need [1:57:13] to [1:57:13] be [1:57:14] efficient [1:57:14] kaya [1:57:15] nga [1:57:15] nung [1:57:15] narinig [1:57:16] ko [1:57:16] nga [1:57:16] yung [1:57:16] mga [1:57:16] ibang [1:57:17] easy [1:57:17] na [1:57:18] dapat [1:57:18] VAT [1:57:18] zero [1:57:19] rating [1:57:19] pag [1:57:20] nag [1:57:20] VAT [1:57:20] zero [1:57:21] rating [1:57:21] tayo [1:57:21] paano [1:57:21] na tayo [1:57:22] magpapatayo [1:57:22] ng [1:57:22] skwelahan [1:57:23] wala [1:57:25] na tayo [1:57:25] makukolektang [1:57:26] buis [1:57:26] paano [1:57:28] tayo [1:57:28] magpapatayo [1:57:29] ng [1:57:29] tulay [1:57:30] kalsada [1:57:31] kung [1:57:32] lahat [1:57:32] tatanggalan [1:57:32] natin [1:57:33] ng [1:57:33] buis [1:57:33] wala [1:57:33] na tayo [1:57:34] panggasto [1:57:34] sa [1:57:35] social [1:57:36] services [1:57:36] natin [1:57:37] so [1:57:37] ang [1:57:38] aking [1:57:38] mongkahi [1:57:39] maging [1:57:39] efficient [1:57:40] pababain [1:57:41] natin [1:57:41] or [1:57:42] kung [1:57:42] pwede [1:57:42] nga [1:57:42] lalong [1:57:43] close [1:57:44] near [1:57:44] zero [1:57:45] yung [1:57:45] system [1:57:46] loss [1:57:46] mas maganda [1:57:47] ngayon [1:57:47] so [1:57:48] instead [1:57:48] of [1:57:49] retailing [1:57:50] the [1:57:50] collection [1:57:50] of [1:57:51] government [1:57:51] let's [1:57:52] be [1:57:52] more [1:57:52] efficient [1:57:53] using [1:57:54] technology [1:57:55] and [1:57:55] other [1:57:56] mechanisms [1:57:57] so [1:57:57] thank [1:57:58] you [1:57:58] mr. [1:57:58] chairman [1:57:58] thank [1:57:59] you [1:57:59] i [1:57:59] just [1:57:59] have [1:58:00] a [1:58:00] couple [1:58:00] of [1:58:00] questions [1:58:01] to [1:58:02] attorney [1:58:03] juan [1:58:04] and [1:58:04] yusek [1:58:05] inosensio [1:58:06] attorney [1:58:06] juan [1:58:07] tama [1:58:08] po [1:58:08] yun [1:58:08] mr. [1:58:10] manny [1:58:10] pangilinan [1:58:11] saying [1:58:11] na [1:58:11] pag [1:58:12] inalist [1:58:12] po [1:58:12] yung [1:58:12] systems [1:58:13] laws [1:58:13] mag [1:58:14] incur [1:58:15] ng [1:58:15] losses [1:58:15] at [1:58:16] baka [1:58:16] bumagsak [1:58:16] po [1:58:17] yung [1:58:17] industriya [1:58:19] ng [1:58:19] elektricidad [1:58:21] pag [1:58:22] binawasan [1:58:22] po [1:58:23] inalist [1:58:23] yung [1:58:23] systems [1:58:24] laws [1:58:24] tuto [1:58:25] ba [1:58:25] malulugi [1:58:26] po [1:58:26] sila [1:58:27] is it [1:58:27] is [1:58:28] kung [1:58:29] alisin [1:58:29] natin [1:58:30] say [1:58:30] for [1:58:30] example [1:58:31] we [1:58:31] start [1:58:31] with [1:58:31] non [1:58:32] technical [1:58:32] systems [1:58:34] laws [1:58:34] malulugi [1:58:35] po [1:58:35] ba [1:58:36] dahil [1:58:38] po [1:58:38] ang [1:58:38] non [1:58:39] technical [1:58:39] system [1:58:40] laws [1:58:40] ay [1:58:40] mga [1:58:41] nasa [1:58:41] isa [1:58:41] at [1:58:42] hanggang [1:58:42] 1.5% [1:58:44] ng total [1:58:45] kabuang [1:58:45] system [1:58:46] laws [1:58:46] nila [1:58:47] ito [1:58:48] po [1:58:48] magre-representa [1:58:49] ng kabawasan [1:58:50] dun sa [1:58:50] kita [1:58:51] nila [1:58:51] pero [1:58:52] ito [1:58:52] naman [1:58:53] po [1:58:53] ay [1:58:53] maliit [1:58:53] kumpara [1:58:54] dun sa [1:58:54] kabuang [1:58:55] system [1:58:55] laws [1:58:55] so [1:58:55] kabawasan [1:58:56] sa [1:58:56] kita [1:58:56] nila [1:58:57] hindi [1:58:58] sila [1:58:58] mag-a-adjust [1:59:09] mag-a-adapt [1:59:10] ang ating [1:59:10] mga [1:59:11] utilities [1:59:11] at [1:59:12] maaaring [1:59:12] mas magiging [1:59:13] masigasing [1:59:13] sila [1:59:14] sa [1:59:14] panguhuli [1:59:16] nung mga [1:59:17] nagnanakaw [1:59:18] ng kuryente [1:59:18] nang sa ganon [1:59:19] ay hindi [1:59:20] naman [1:59:20] maging [1:59:20] malaki [1:59:21] ang [1:59:21] impact [1:59:22] sa [1:59:22] kanila [1:59:22] nung [1:59:22] pagtanggal [1:59:23] ng [1:59:23] halimbawa [1:59:24] yung [1:59:24] non-technical [1:59:25] system [1:59:25] laws [1:59:25] but [1:59:26] yusek [1:59:27] in [1:59:27] censure [1:59:28] your [1:59:28] thoughts [1:59:28] on [1:59:28] this [1:59:28] yes [1:59:29] i fully [1:59:29] agree [1:59:29] with [1:59:29] the [1:59:30] statement [1:59:30] of [1:59:30] the [1:59:31] chair [1:59:31] that [1:59:32] the [1:59:34] systems [1:59:37] loss [1:59:37] adjustment [1:59:38] could [1:59:39] be [1:59:40] a [1:59:41] self [1:59:42] regulating [1:59:42] mechanism [1:59:43] for the [1:59:43] deus [1:59:44] and the [1:59:44] ecs [1:59:44] to make [1:59:45] themselves [1:59:45] more [1:59:46] efficient [1:59:46] and [1:59:47] so [1:59:47] that [1:59:48] the [1:59:48] pass [1:59:49] through [1:59:49] charge [1:59:49] or [1:59:49] the [1:59:50] systems [1:59:50] loss [1:59:50] could [1:59:50] be [1:59:51] more [1:59:52] reflective [1:59:54] only [1:59:54] of the [1:59:55] technical [1:59:56] for [1:59:56] now [1:59:56] and [1:59:57] then [1:59:58] for [1:59:58] the [1:59:58] technical [1:59:58] it's [1:59:59] going [2:00:00] to be [2:00:00] a [2:00:00] long [2:00:00] term [2:00:01] solution [2:00:01] that [2:00:01] we [2:00:02] would [2:00:02] have [2:00:02] to [2:00:02] assist [2:00:03] most [2:00:05] of [2:00:05] the [2:00:05] ecs [2:00:06] in [2:00:06] their [2:00:07] implementation [2:00:07] of [2:00:08] infrastructure [2:00:09] improvement [2:00:10] so [2:00:10] that [2:00:10] they [2:00:10] can [2:00:11] make [2:00:11] sure [2:00:12] that [2:00:12] they [2:00:12] can [2:00:12] lessen [2:00:13] the [2:00:13] technical [2:00:13] losses [2:00:14] but [2:00:14] I [2:00:14] fully [2:00:15] agree [2:00:15] with [2:00:15] the [2:00:16] statements [2:00:16] of [2:00:16] the [2:00:17] chair [2:00:17] that [2:00:18] it's [2:00:18] a [2:00:18] self [2:00:19] regulating [2:00:19] mechanism [2:00:21] if there [2:00:21] will [2:00:21] be [2:00:21] some [2:00:22] adjustments [2:00:22] lowering [2:00:23] down [2:00:23] of [2:00:23] the [2:00:24] allowable [2:00:24] cap [2:00:25] on [2:00:25] the [2:00:25] systems [2:00:25] loss [2:00:26] thank [2:00:26] you [2:00:26] let me [2:00:28] go back [2:00:29] here [2:00:29] attorney [2:00:30] valies [2:00:30] no [2:00:31] meralco [2:00:31] ano pong [2:00:32] ginagamit [2:00:33] nyo [2:00:33] ano [2:00:34] yung [2:00:34] formula [2:00:35] na [2:00:35] ginagamit [2:00:36] nyo [2:00:36] para [2:00:36] ma-detect [2:00:38] systems [2:00:38] loss [2:00:38] bawat [2:00:39] bay [2:00:39] pare-pareho [2:00:40] po [2:00:40] ba [2:00:40] magpunta [2:00:41] po [2:00:41] ng [2:00:41] inyong [2:00:42] meter [2:00:43] reader [2:00:44] doon [2:00:44] yung [2:00:44] magkukuha [2:00:46] ng [2:00:46] bill [2:00:46] anong [2:00:47] klase [2:00:47] pong [2:00:48] system [2:00:49] anong [2:00:49] sistema [2:00:50] or [2:00:50] formula [2:00:51] pare-pareho [2:00:52] ba [2:00:52] yung [2:00:52] ginagamit [2:00:53] yung [2:00:53] computations [2:00:54] para [2:00:55] makuha [2:00:55] yung [2:00:55] systems [2:00:56] loss [2:00:56] or [2:00:57] can you [2:00:58] explain [2:00:58] to us [2:00:59] yes [2:01:00] mr. [2:01:00] chair [2:01:01] pwede [2:01:01] ko [2:01:01] bang [2:01:02] ipaliwanag [2:01:02] muna [2:01:02] yung [2:01:03] system [2:01:04] loss [2:01:04] ng [2:01:04] meralco [2:01:05] so [2:01:06] yung [2:01:07] sa [2:01:07] meralco [2:01:08] po [2:01:08] today [2:01:08] ang [2:01:09] feeder [2:01:09] loss [2:01:10] cap [2:01:10] na [2:01:10] inimpose [2:01:11] ng [2:01:11] regulasyon [2:01:11] ay [2:01:12] nasa [2:01:12] 5.5% [2:01:13] so [2:01:14] ang [2:01:14] meralco [2:01:15] po [2:01:15] ay [2:01:15] total [2:01:16] system [2:01:16] loss [2:01:17] cap [2:01:17] namin [2:01:17] or [2:01:17] feeder [2:01:18] loss [2:01:18] cap [2:01:18] namin [2:01:18] ay [2:01:19] 4.22% [2:01:20] as of [2:01:21] 2025 [2:01:22] so [2:01:22] mababaho [2:01:23] kami [2:01:23] kaysa [2:01:25] doon [2:01:26] sa [2:01:26] feeder [2:01:28] loss [2:01:28] cap [2:01:28] na [2:01:28] sinet [2:01:29] ng [2:01:29] ERC [2:01:29] at [2:01:30] sa aming [2:01:30] palagay [2:01:30] ay yung [2:01:31] 4.22% [2:01:34] na yan [2:01:34] ay [2:01:34] global [2:01:35] standard [2:01:35] na po [2:01:36] at [2:01:37] doon po [2:01:38] sa [2:01:38] 4.22% [2:01:39] na yan [2:01:39] less than [2:01:40] 1% [2:01:40] lang po [2:01:41] dyan [2:01:41] ang [2:01:42] pinatawag [2:01:43] non-technical [2:01:44] losses [2:01:45] so [2:01:46] yung [2:01:46] non-technical [2:01:47] losses [2:01:47] po [2:01:47] alam [2:01:47] na po [2:01:48] natin [2:01:48] yun [2:01:48] yun [2:01:49] yung [2:01:49] mga [2:01:50] filperage [2:01:50] of [2:01:51] electricity [2:01:51] so [2:01:52] sa [2:01:53] filperage [2:01:53] of [2:01:53] electricity [2:01:54] po [2:01:54] ang [2:01:54] meralco [2:01:55] agresivo [2:01:55] po [2:01:56] kaming [2:01:56] nag [2:01:56] nag [2:01:57] prosecute [2:01:59] ng mga [2:02:00] illegal [2:02:00] connection [2:02:01] jumper [2:02:01] nang uhuli [2:02:02] kami [2:02:02] yan [2:02:02] kaya [2:02:04] lang po [2:02:04] hindi [2:02:05] talaga [2:02:05] maiiwasan [2:02:06] dahil [2:02:06] syempre [2:02:07] po [2:02:08] marami [2:02:08] pong [2:02:09] nagnanakaw [2:02:10] sa [2:02:10] kuryente [2:02:12] halimbawa [2:02:12] bibigyan ko [2:02:13] kayo [2:02:13] na example [2:02:14] sa gabi [2:02:16] nila [2:02:17] ginagawa [2:02:17] halimbawa [2:02:18] madaling [2:02:18] araw [2:02:19] so [2:02:20] o kaya [2:02:20] naman po [2:02:21] yung mga [2:02:22] jumper [2:02:22] pagka nakita [2:02:23] nila [2:02:23] ang [2:02:23] meralco [2:02:24] ang [2:02:24] meralco [2:02:25] na [2:02:25] nandyan [2:02:26] tatanggalin [2:02:27] nila [2:02:27] pag alis [2:02:27] ng [2:02:28] meralco [2:02:28] kakabit [2:02:29] ibabalik [2:02:30] nila [2:02:30] so [2:02:31] hindi [2:02:31] po [2:02:31] natin [2:02:31] maiwasan [2:02:32] ginawa [2:02:33] na po [2:02:33] namin [2:02:33] lahat [2:02:33] ng [2:02:34] hakbang [2:02:34] para [2:02:34] po [2:02:34] maibaba [2:02:35] ang [2:02:35] non-technical [2:02:36] loss [2:02:36] tinaas [2:02:37] po [2:02:37] namin [2:02:38] ng [2:02:42] non-technical [2:02:44] losses [2:02:44] so [2:02:44] ang [2:02:44] solusyon [2:02:45] kung gusto [2:02:46] natin [2:02:46] eradicate [2:02:47] ang [2:02:47] or [2:02:48] tanggalin [2:02:49] talaga [2:02:49] ang [2:02:49] non-technical [2:02:50] loss [2:02:50] eh [2:02:51] kailangan [2:02:51] damihan [2:02:52] namin [2:02:52] yung [2:02:52] personel [2:02:53] na [2:02:53] 24 by [2:02:55] 7 [2:02:55] nag-i-inspect [2:02:56] dito [2:02:57] sa mga [2:02:57] kabahayan [2:02:58] na to [2:02:58] at [2:02:59] nakabantay [2:03:00] sa bawat [2:03:00] siguro [2:03:01] bawat [2:03:02] isang [2:03:02] kilometrong [2:03:03] poste [2:03:03] na umiikot [2:03:04] sila [2:03:04] o rumuronda [2:03:05] sila [2:03:05] at [2:03:06] napakagastos [2:03:07] po [2:03:07] nyo [2:03:07] so [2:03:08] tinimbang [2:03:09] po [2:03:09] namin [2:03:09] yun [2:03:10] yung [2:03:10] sinasabi [2:03:11] nyo [2:03:11] kailangan [2:03:11] namin [2:03:12] gawa [2:03:12] ng [2:03:12] para [2:03:13] mapababa [2:03:13] yung [2:03:14] non-technical [2:03:15] losses [2:03:16] nagkaroon [2:03:17] na [2:03:17] kami [2:03:17] ng [2:03:17] simulation [2:03:18] dyan [2:03:18] kung [2:03:18] makakabuti [2:03:20] po ba [2:03:20] yun [2:03:20] sa [2:03:20] consumers [2:03:21] kasi [2:03:22] po [2:03:22] ngayon [2:03:22] yung [2:03:23] less [2:03:24] than [2:03:24] 1% [2:03:24] eh [2:03:25] within [2:03:25] the [2:03:25] cap [2:03:25] kami [2:03:26] kung [2:03:26] i-improve [2:03:27] pa [2:03:27] po [2:03:27] namin [2:03:28] yan [2:03:28] below [2:03:28] para [2:03:30] ma-achieve [2:03:31] natin [2:03:31] yung [2:03:32] zero [2:03:32] na [2:03:32] sinasabi [2:03:33] nating [2:03:33] non-technical [2:03:34] losses [2:03:34] malaki [2:03:35] naman [2:03:35] po [2:03:35] yung [2:03:35] gagastosin [2:03:36] namin [2:03:36] na [2:03:36] operational [2:03:37] expenses [2:03:38] at capital [2:03:39] expenses [2:03:39] capital [2:03:40] expenditure [2:03:40] na [2:03:41] siya [2:03:41] naman [2:03:42] po [2:03:42] ang [2:03:42] kakarga [2:03:44] na naman [2:03:44] doon [2:03:44] sa taripa [2:03:45] kasi po [2:03:46] hindi [2:03:48] naman [2:03:48] papayagan [2:03:48] ng [2:03:49] any [2:03:49] distribution [2:03:49] utility [2:03:50] na [2:03:50] malugi [2:03:51] sila [2:03:51] dahil [2:03:52] sa mga [2:03:52] nagnanakaw [2:03:53] ng [2:03:53] kuryente [2:03:53] so [2:03:54] gagawa [2:03:54] sila [2:03:54] ng [2:03:54] paraan [2:03:55] sabi [2:03:55] nyo [2:03:55] nga [2:03:56] po [2:03:56] para [2:03:58] ma-curve [2:03:58] ito [2:03:59] para [2:03:59] mabawasan [2:03:59] ito [2:04:00] para [2:04:00] ma-eradicate [2:04:01] ito [2:04:01] so [2:04:02] mapipilitan [2:04:03] silang [2:04:03] gumastos [2:04:04] so [2:04:04] kung [2:04:04] gastos [2:04:05] po [2:04:05] sila [2:04:05] na [2:04:05] mas [2:04:05] malaki [2:04:06] kaysa [2:04:07] sa [2:04:07] magiging [2:04:08] pakinabang [2:04:08] ng [2:04:08] customers [2:04:09] dito [2:04:09] sa [2:04:09] system [2:04:10] loss [2:04:10] na [2:04:10] matanggalin [2:04:11] natin [2:04:11] or [2:04:12] gawin [2:04:12] natin [2:04:12] zero [2:04:12] yung [2:04:13] non-technical [2:04:14] losses [2:04:14] eh [2:04:15] hindi [2:04:16] po [2:04:16] magiging [2:04:17] pair [2:04:17] sa [2:04:17] consumers [2:04:17] yun [2:04:18] kasi [2:04:18] mas [2:04:18] yung [2:04:19] net [2:04:19] po [2:04:20] na [2:04:20] benefit [2:04:20] ma-offset [2:04:21] Sir [2:04:22] I [2:04:23] totally [2:04:23] disagree [2:04:24] with [2:04:24] you [2:04:24] your [2:04:25] explanation [2:04:26] you [2:04:28] mean [2:04:28] you're [2:04:31] a [2:04:31] business [2:04:32] at [2:04:33] the [2:04:33] same [2:04:33] time [2:04:33] you're [2:04:34] catering [2:04:35] to [2:04:35] service [2:04:36] di po [2:04:36] ba [2:04:36] pero [2:04:38] boss [2:04:38] narinig [2:04:39] ko [2:04:39] yun [2:04:39] sinasabi [2:04:40] mo [2:04:40] na [2:04:40] tataasan [2:04:41] kasi [2:04:42] systems [2:04:42] loss [2:04:42] parang [2:04:43] wala [2:04:44] ayaw [2:04:44] ninyo [2:04:45] magka [2:04:46] incur [2:04:47] na [2:04:47] losses [2:04:47] business [2:04:49] sir [2:04:50] ay may [2:04:51] mga [2:04:51] losses [2:04:51] dapat [2:04:52] you have [2:04:53] to be [2:04:53] prepared [2:04:53] for [2:04:54] that [2:04:54] pinag-aralan [2:04:56] ko [2:04:56] sa [2:04:56] eskwelahan [2:04:57] yun [2:04:57] normal [2:04:58] po [2:04:58] yun [2:04:58] sa [2:04:58] isang [2:04:59] negosyo [2:04:59] na [2:05:00] magkaroon [2:05:00] ng [2:05:00] losses [2:05:00] at [2:05:01] dapat [2:05:01] meron [2:05:02] po [2:05:02] kayong [2:05:02] allowance [2:05:03] logging [2:05:03] for [2:05:04] losses [2:05:04] I [2:05:05] I [2:05:05] had a [2:05:06] degree [2:05:07] in [2:05:07] business [2:05:07] management [2:05:08] kaya [2:05:08] alam [2:05:09] ko [2:05:09] yun [2:05:09] so [2:05:10] ibig [2:05:10] ko [2:05:10] lamang [2:05:11] sabihin [2:05:11] are [2:05:11] you [2:05:12] saying [2:05:12] na [2:05:12] pag [2:05:12] kailangan [2:05:13] wala [2:05:13] kayong [2:05:14] losses [2:05:14] ipasa [2:05:15] nyo [2:05:15] sa [2:05:15] amin [2:05:16] ipagdadagdag [2:05:17] nyo [2:05:17] ng [2:05:17] mga [2:05:17] tao [2:05:18] ipapasa [2:05:19] itakarga [2:05:19] na [2:05:19] naman [2:05:19] sa [2:05:20] bill [2:05:20] namin [2:05:20] hindi [2:05:21] na [2:05:21] mo [2:05:21] namin [2:05:22] problema [2:05:22] yun [2:05:23] hindi [2:05:23] na [2:05:23] rin [2:05:23] problema [2:05:24] ng [2:05:24] consumer [2:05:24] yun [2:05:25] magdagdag [2:05:26] ka [2:05:26] ng [2:05:26] tao [2:05:27] mag [2:05:27] expand [2:05:28] ka [2:05:28] wala [2:05:28] kaming [2:05:28] pakialam [2:05:29] doon [2:05:29] ang gusto [2:05:29] lang [2:05:30] namin [2:05:30] kuryente [2:05:31] bumibili [2:05:32] po [2:05:32] kami [2:05:32] bumibili [2:05:34] lang kami [2:05:34] ng [2:05:34] kuryente [2:05:35] sa inyo [2:05:35] binibigyan [2:05:36] nyo [2:05:36] kami ng [2:05:36] kuryente [2:05:37] pero [2:05:37] yung [2:05:37] sinasabi [2:05:37] mo [2:05:38] para [2:05:38] bantayan [2:05:39] walang [2:05:39] magnanakaw [2:05:40] bakit kami [2:05:41] na naman [2:05:41] nasasagot [2:05:42] noon [2:05:42] parang [2:05:42] lagi [2:05:43] na lang [2:05:43] kami [2:05:43] sasagot [2:05:44] ganito [2:05:45] lang [2:05:45] sabibigyan [2:05:46] kita [2:05:46] na [2:05:46] example [2:05:47] nanakawan [2:05:48] po [2:05:48] yung [2:05:48] tindahan [2:05:49] so [2:05:49] sa [2:05:50] susunod [2:05:50] na next [2:05:50] week [2:05:51] gagawin [2:05:51] niya [2:05:51] tataasan [2:05:52] yung [2:05:52] lahat [2:05:52] ng [2:05:52] presyo [2:05:53] ng [2:05:53] paninda [2:05:53] niya [2:05:54] kasi [2:05:54] nalugi [2:05:55] siya [2:05:55] nahold [2:05:56] up [2:05:56] siya [2:05:57] o [2:05:57] nasunugan [2:05:58] siya [2:05:58] o [2:05:59] binaha [2:05:59] yung [2:05:59] tindahan [2:06:00] niya [2:06:00] nasira [2:06:01] so [2:06:01] may [2:06:01] mga [2:06:02] losses [2:06:02] siya [2:06:02] dapat [2:06:03] meron [2:06:04] kayong [2:06:04] mga [2:06:04] miscellaneous [2:06:06] na mga [2:06:06] losses [2:06:07] dapat [2:06:08] ready [2:06:09] po [2:06:09] kayo [2:06:09] mga [2:06:10] distribution [2:06:10] utilities [2:06:11] ready [2:06:12] po [2:06:12] kayo [2:06:12] mga [2:06:13] electric [2:06:13] cooperative [2:06:14] hindi [2:06:15] yung [2:06:15] po [2:06:15] pwede [2:06:15] ayaw [2:06:16] magkaroon [2:06:17] ng [2:06:17] losses [2:06:17] lumipat [2:06:18] ka [2:06:19] nalang [2:06:19] negosyo [2:06:19] that's [2:06:20] what [2:06:20] my [2:06:21] point [2:06:21] is [2:06:21] that's [2:06:21] what [2:06:21] the [2:06:22] people [2:06:22] are [2:06:22] saying [2:06:22] right [2:06:23] now [2:06:23] bakit [2:06:24] kami [2:06:24] lagi [2:06:24] kayo [2:06:25] wala [2:06:26] na ba [2:06:26] kayong [2:06:26] sasagutin [2:06:27] na losses [2:06:28] puro [2:06:28] na lang [2:06:29] sa tao [2:06:30] pass on [2:06:31] puro [2:06:31] pass on [2:06:32] lahat [2:06:32] na lang [2:06:33] pinapass [2:06:33] on [2:06:33] napakaganda [2:06:34] negosyo [2:06:35] pala [2:06:35] nito [2:06:35] hindi [2:06:36] ko [2:06:36] naisip [2:06:37] sana [2:06:37] nagkaroon [2:06:37] tayo [2:06:38] lang ako [2:06:38] ng [2:06:38] electric [2:06:39] company [2:06:39] din [2:06:39] para [2:06:40] na [2:06:40] generation [2:06:41] at [2:06:42] saka [2:06:42] distribution [2:06:43] para [2:06:44] ikangan [2:06:44] napakasarap [2:06:45] pala [2:06:45] negosyo [2:06:46] na ito [2:06:46] walang [2:06:47] losses [2:06:47] sa tao [2:06:48] nyo [2:06:48] lagi [2:06:49] sinisingil [2:06:49] ang [2:06:50] kawawang [2:06:50] taong [2:06:51] bayan [2:06:51] sir [2:06:51] hindi po [2:06:52] tayo [2:06:52] mayaman [2:06:53] na bansa [2:06:53] let us [2:06:54] not [2:06:54] forget [2:06:55] yung mga [2:06:56] sinisingil [2:06:56] yun [2:06:56] mga [2:06:57] 360 [2:06:57] na yan [2:06:58] yan [2:06:59] po [2:06:59] kita [2:07:00] ng isang [2:07:00] kababayan [2:07:01] natin [2:07:01] dito sa [2:07:02] metro [2:07:02] may [2:07:02] 507 [2:07:03] na yan [2:07:04] na [2:07:04] imbis [2:07:04] na [2:07:04] pambili [2:07:05] pa [2:07:05] ng [2:07:05] mga [2:07:05] pagkain [2:07:06] eh [2:07:07] kailangan [2:07:08] ibayad [2:07:09] po [2:07:09] this is [2:07:10] what [2:07:10] I do [2:07:10] not [2:07:10] understand [2:07:11] siguro [2:07:12] don't [2:07:13] give us [2:07:13] that [2:07:14] reason [2:07:14] na [2:07:15] tataas [2:07:16] ang [2:07:16] sisingil [2:07:17] na naman [2:07:17] ninyo [2:07:18] sa [2:07:18] consumer [2:07:19] bakit [2:07:20] po [2:07:20] sa amin [2:07:21] why [2:07:21] is it [2:07:22] always [2:07:22] like [2:07:22] that [2:07:23] na kami [2:07:23] yung [2:07:23] sasalo [2:07:24] dahil [2:07:25] kailangan [2:07:26] nyo [2:07:26] maraming [2:07:26] tagabantay [2:07:27] na [2:07:27] mga [2:07:28] jumper [2:07:28] etc [2:07:29] illegal [2:07:30] metering [2:07:31] eh [2:07:31] problema [2:07:32] nyo [2:07:32] yun [2:07:32] that [2:07:33] is [2:07:33] your [2:07:33] business [2:07:34] hindi [2:07:34] po [2:07:35] kami [2:07:35] hindi [2:07:35] kami [2:07:35] part [2:07:36] nameral [2:07:36] kami [2:07:37] po [2:07:37] ang mga [2:07:37] consumer [2:07:38] customer [2:07:39] po [2:07:39] ninyo [2:07:40] yun [2:07:40] po [2:07:40] yun [2:07:41] lang [2:07:41] yun [2:07:41] sa akin [2:07:42] ano [2:07:42] po [2:07:42] go ahead [2:07:44] salamat [2:07:45] po [2:07:46] Mr. [2:07:47] Chairman [2:07:48] Tulpo [2:07:50] ang [2:07:51] pinapaliwanag [2:07:52] ko [2:07:52] lamang [2:07:52] po [2:07:52] yung [2:07:52] sinasabi [2:07:53] nyo [2:07:53] pong [2:07:53] losses [2:07:54] ng mga [2:07:55] distribution [2:07:55] utilities [2:07:56] actually [2:07:56] po [2:07:57] kaya [2:07:58] po [2:07:58] meron [2:07:59] tayong [2:08:00] system [2:08:00] loss [2:08:00] cap [2:08:01] na [2:08:01] tinatawag [2:08:02] kasi [2:08:02] po [2:08:02] yung [2:08:03] mga [2:08:03] dius [2:08:04] na [2:08:04] sinasabi [2:08:05] nating [2:08:05] inefficient [2:08:06] na [2:08:06] lumalagpas [2:08:07] doon [2:08:07] sa [2:08:08] cap [2:08:08] at [2:08:08] hindi [2:08:09] nila [2:08:09] ginagawa [2:08:09] ng [2:08:10] mahusay [2:08:10] yung [2:08:10] kanilang [2:08:11] trabaho [2:08:11] para [2:08:11] hulihin [2:08:12] yung mga [2:08:13] magnanakaw [2:08:13] ng [2:08:13] kuryente [2:08:14] yung [2:08:15] above [2:08:15] the [2:08:15] cap [2:08:15] na yun [2:08:16] inaabsorb [2:08:18] ng buong [2:08:18] buo [2:08:19] ng mga [2:08:19] utilities [2:08:19] yun [2:08:20] so [2:08:21] pag [2:08:21] ikaw [2:08:21] ang [2:08:22] naging [2:08:22] criteria [2:08:23] batayan [2:08:23] ay [2:08:24] pag [2:08:24] ikaw [2:08:24] bumaba [2:08:25] sa [2:08:25] cap [2:08:26] medyo [2:08:27] sinasabi [2:08:27] natin [2:08:28] efficient [2:08:28] ka [2:08:28] na [2:08:29] so [2:08:29] hindi [2:08:30] mo [2:08:30] na [2:08:30] inaabsorb [2:08:31] yung [2:08:32] losses [2:08:33] na yun [2:08:33] below [2:08:33] the [2:08:34] cap [2:08:34] lahat [2:08:35] po [2:08:35] kami [2:08:35] pag [2:08:36] nagpa [2:08:37] prosecute [2:08:37] kami [2:08:37] ng [2:08:38] pilperage [2:08:40] lahat [2:08:40] po [2:08:40] yan [2:08:41] nang [2:08:41] nare-recover [2:08:41] ng [2:08:42] meralco [2:08:43] na [2:08:43] presyo [2:08:47] ng kuryente [2:08:47] na nawala [2:08:48] yung [2:08:48] tinatawag [2:08:49] natin [2:08:49] billing [2:08:50] na nawala [2:08:51] ibinabalik din [2:08:52] ho namin yan [2:08:53] sa customers [2:08:53] bilang kabawasan [2:08:54] sa aming [2:08:55] generation [2:08:56] cost [2:08:56] so [2:08:57] wala [2:08:57] hong [2:08:58] napupunta [2:08:58] sa [2:08:59] meralco [2:08:59] dyan [2:08:59] kasi [2:09:00] yung [2:09:00] nakukuha [2:09:00] binabalik [2:09:02] sa [2:09:02] customers [2:09:02] at [2:09:03] yung [2:09:04] buong [2:09:04] buong [2:09:05] system [2:09:06] loss [2:09:06] actually [2:09:06] part [2:09:07] ng [2:09:07] generation [2:09:07] cost [2:09:07] yan [2:09:08] binabaya [2:09:08] din [2:09:08] naman [2:09:09] yan [2:09:09] sa [2:09:09] generation [2:09:10] companies [2:09:10] so [2:09:11] si [2:09:12] meralco [2:09:12] po [2:09:12] ang [2:09:12] mangyayari [2:09:13] dahil [2:09:13] malaki [2:09:14] yung [2:09:14] expenses [2:09:15] niya [2:09:15] lahat [2:09:16] ng [2:09:17] expenses [2:09:17] namin [2:09:18] pagka [2:09:19] ina-attempt [2:09:19] namin [2:09:20] na [2:09:20] pababayan [2:09:22] ang aming [2:09:22] system [2:09:22] loss [2:09:23] I think [2:09:24] karaniwan [2:09:25] sa lahat [2:09:25] ng distribution [2:09:26] utility [2:09:26] ipinipresentan [2:09:27] namin [2:09:27] sa [2:09:28] Energy [2:09:29] Regulatory [2:09:29] Commission [2:09:30] ito po [2:09:30] yung mga [2:09:30] gas [2:09:31] to send [2:09:31] in terms [2:09:32] of [2:09:32] capital [2:09:32] expenditures [2:09:33] and [2:09:34] operational [2:09:34] expenditures [2:09:35] at [2:09:35] evaluate [2:09:35] naman [2:09:36] ng ERC [2:09:36] yun [2:09:36] kung [2:09:37] ano [2:09:37] doon [2:09:37] yung [2:09:38] fair [2:09:38] expenses [2:09:39] na [2:09:39] pwede [2:09:40] nilang [2:09:40] sabihin [2:09:40] na [2:09:41] ipapakis [2:09:41] asama [2:09:42] nila [2:09:42] sa [2:09:42] taripa [2:09:43] In any [2:09:47] case [2:09:47] po [2:09:47] attorney [2:09:48] Valies [2:09:49] kung [2:09:49] gaya [2:09:50] ng [2:09:50] sinasabi [2:09:51] 1. [2:09:51] something [2:09:52] percent [2:09:52] lang [2:09:52] naman [2:09:53] ang [2:09:54] component [2:09:54] na [2:09:54] non [2:09:55] technical [2:09:55] itong [2:09:56] mga [2:09:56] pilferage [2:09:57] etc. [2:09:58] sa [2:09:58] kabuoang [2:09:59] systems [2:09:59] laws [2:10:00] ibig [2:10:00] sabihin [2:10:00] 98 [2:10:01] point [2:10:02] something [2:10:02] percent [2:10:03] ang [2:10:03] systems [2:10:04] laws [2:10:04] mula [2:10:04] sa [2:10:04] technical [2:10:05] hindi [2:10:06] ko [2:10:06] po [2:10:06] in-excuse [2:10:07] kung [2:10:07] may [2:10:07] nanakaw [2:10:08] ng [2:10:08] kuryente [2:10:09] but [2:10:10] ibig [2:10:10] pong [2:10:10] sabihin [2:10:11] yung [2:10:11] overwhelming [2:10:12] na [2:10:13] responsibilidad [2:10:14] at [2:10:14] potential [2:10:15] na [2:10:15] i-address [2:10:16] yung [2:10:16] kabuoang [2:10:17] systems [2:10:17] laws [2:10:18] ay [2:10:18] dun [2:10:19] sa [2:10:19] technical [2:10:19] side [2:10:20] so [2:10:20] sa [2:10:20] distribution [2:10:21] utilities [2:10:22] po [2:10:22] ibig [2:10:22] sabihin [2:10:23] kung [2:10:23] fully [2:10:24] i-electrify [2:10:25] nyo [2:10:26] lahat [2:10:26] lahat [2:10:27] ng mga [2:10:27] households [2:10:28] sa [2:10:28] Pilipinas [2:10:29] and [2:10:30] gaya [2:10:30] ng [2:10:30] sinabi [2:10:31] ni [2:10:31] SP [2:10:31] kanina [2:10:32] maging [2:10:32] mas [2:10:32] efficient [2:10:33] ma-address [2:10:34] po [2:10:35] natin [2:10:35] i-think [2:10:36] in large [2:10:36] part [2:10:36] yung [2:10:37] 5% [2:10:38] lang [2:10:38] na [2:10:39] charge [2:10:39] sa [2:10:40] systems [2:10:41] losses [2:10:42] if [2:10:42] if [2:10:42] I [2:10:43] may [2:10:43] Mr. [2:10:43] Chair [2:10:43] dahil [2:10:43] on [2:10:44] board [2:10:44] ang [2:10:44] Meralco [2:10:44] may [2:10:45] tanong [2:10:45] po [2:10:45] ako [2:10:46] sa [2:10:46] kanila [2:10:46] at [2:10:46] sa [2:10:46] ERC [2:10:47] tungkol [2:10:47] sa [2:10:47] consumer [2:10:48] protection [2:10:48] before [2:10:49] that [2:10:50] Sen [2:10:52] Risa [2:10:53] hindi [2:10:54] po [2:10:54] ninyo [2:10:55] na [2:10:55] sagot [2:10:55] na [2:10:55] Tony [2:10:56] values [2:10:56] anong [2:10:56] ginagamit [2:10:57] po [2:10:57] ninyo [2:10:57] na [2:10:58] formula [2:10:58] batayan [2:10:59] para [2:10:59] masabi [2:11:00] na [2:11:00] itong [2:11:00] bahay [2:11:01] sa [2:11:01] number [2:11:02] 123 [2:11:03] Sampaloc [2:11:04] ito [2:11:04] yung [2:11:04] systems [2:11:04] loss [2:11:05] niya [2:11:05] yung [2:11:06] kapitbahay [2:11:06] 1 [2:11:07] 2 [2:11:07] 4 [2:11:07] ito [2:11:08] yung [2:11:08] systems [2:11:09] loss [2:11:09] anong [2:11:10] pinagbabasihan [2:11:11] nyo [2:11:11] roon [2:11:12] o [2:11:13] pare-pareho [2:11:13] lang [2:11:14] bahay [2:11:15] number [2:11:15] 1 [2:11:15] bahay [2:11:16] number [2:11:16] 2 [2:11:16] bahay [2:11:17] number [2:11:17] 3 [2:11:17] mas malaki [2:11:18] si number [2:11:19] 3 [2:11:19] yung [2:11:19] konsumo [2:11:20] niya [2:11:20] mas malaki [2:11:21] ba [2:11:21] systems [2:11:22] loss [2:11:23] niya [2:11:23] paano [2:11:23] kung [2:11:24] maliit [2:11:24] ang [2:11:24] konsumo [2:11:25] mas [2:11:25] maliit [2:11:26] ba [2:11:26] systems [2:11:26] loss [2:11:27] niya [2:11:27] hindi [2:11:27] po [2:11:27] ba [2:11:28] uniform [2:11:28] or [2:11:28] standard [2:11:29] ang [2:11:29] pagsisingil [2:11:30] systems [2:11:30] loss [2:11:31] at [2:11:31] what [2:11:31] kind [2:11:31] of [2:11:31] formula [2:11:32] are [2:11:32] you [2:11:32] using [2:11:33] uniform [2:11:35] po [2:11:38] system [2:11:39] loss [2:11:39] charge [2:11:39] magkakaiba [2:11:41] lamang [2:11:41] po [2:11:41] yan [2:11:42] per [2:11:42] customer [2:11:42] class [2:11:43] iba [2:11:45] sa [2:11:45] residential [2:11:45] iba [2:11:46] sa [2:11:46] commercial [2:11:48] or [2:11:48] industrial [2:11:48] pero [2:11:49] yung [2:11:50] pag [2:11:50] pumunta [2:11:51] po [2:11:51] bahay [2:11:51] bahay [2:11:51] ang [2:11:52] mga [2:11:53] meter [2:11:53] reader [2:11:54] ng [2:11:54] Meralco [2:11:55] ang [2:11:55] tinitignan [2:11:56] lamang [2:11:56] po [2:11:56] doon [2:11:56] kung [2:11:57] ano [2:11:57] yung [2:11:57] basa [2:11:58] sa [2:11:58] meter [2:12:00] kagaya [2:12:00] po [2:12:00] nito [2:12:01] sa [2:12:01] example [2:12:02] ni [2:12:03] Sen [2:12:03] Risa [2:12:04] 238 [2:12:05] ang [2:12:05] systems [2:12:05] loss [2:12:06] ibig [2:12:06] sabihin [2:12:06] lahat [2:12:07] sila [2:12:07] sa [2:12:07] barangay [2:12:08] na yan [2:12:08] 238 [2:12:08] lahat [2:12:09] sila [2:12:09] kahit [2:12:09] na [2:12:10] paano [2:12:10] kung [2:12:11] wala [2:12:11] siyang [2:12:11] refrigerator [2:12:12] walang [2:12:12] aircon [2:12:13] 238 [2:12:14] pa rin [2:12:14] ang [2:12:14] systems [2:12:15] loss [2:12:15] niya [2:12:15] hindi [2:12:16] po [2:12:16] your [2:12:17] honor [2:12:17] ang [2:12:18] ibig [2:12:18] kong [2:12:18] sabihin [2:12:19] ang [2:12:19] rate [2:12:19] per [2:12:19] kilowatt [2:12:20] hour [2:12:20] po [2:12:20] ng [2:12:22] system [2:12:22] loss [2:12:23] charge [2:12:23] pare-parehas [2:12:24] pero magkakaiba [2:12:26] yan [2:12:27] sa [2:12:27] billing [2:12:27] depende [2:12:28] sa [2:12:28] konsumo [2:12:28] kung [2:12:29] 1,000 [2:12:30] kilowatt [2:12:31] hour [2:12:31] ang [2:12:31] kinunsumo [2:12:31] niya [2:12:32] i-multiply [2:12:33] po yan [2:12:33] ng [2:12:33] rate [2:12:33] per [2:12:34] kilowatt [2:12:34] hour [2:12:34] yun [2:12:38] bill [2:12:38] so [2:12:39] kung [2:12:39] 8,500 [2:12:40] naman po [2:12:41] ang [2:12:41] kinyang [2:12:41] kilowatt [2:12:42] hour [2:12:42] consumption [2:12:42] mas [2:12:43] mababa [2:12:43] naman po [2:12:44] yung [2:12:44] lalabas [2:12:45] na [2:12:45] system [2:12:45] loss [2:12:46] charge [2:12:46] dito [2:12:46] sa [2:12:47] kanyang [2:12:47] Alright [2:12:49] thank you [2:12:50] Senrisa [2:12:51] Salamat [2:12:51] Chair [2:12:51] at [2:12:52] muli [2:12:52] point out [2:12:53] ko na [2:12:53] dito [2:12:54] sa [2:12:54] sample [2:12:55] bill [2:12:55] na to [2:12:56] yung [2:12:56] system [2:12:56] loss [2:12:57] ay [2:12:57] 6 [2:12:58] lang [2:12:58] na [2:12:58] pinakamataas [2:12:59] na [2:12:59] pass [2:13:00] on [2:13:00] charge [2:13:00] di [2:13:01] hamak [2:13:01] na [2:13:01] mas [2:13:01] matataas [2:13:02] una [2:13:02] yung [2:13:02] generation [2:13:03] tapos [2:13:04] yung [2:13:05] distribution [2:13:07] in this [2:13:08] case [2:13:10] government [2:13:13] taxes [2:13:13] na nabanggit [2:13:14] din kanina [2:13:14] taxation [2:13:15] pang-apat [2:13:16] transmission [2:13:17] pan-lima [2:13:18] transmission [2:13:21] and then [2:13:22] finally [2:13:23] on this [2:13:24] bill [2:13:24] yung [2:13:24] systems [2:13:25] loss [2:13:25] so [2:13:25] mula [2:13:26] systems [2:13:26] laws [2:13:27] pwede pa [2:13:28] nating [2:13:28] i-examine [2:13:29] further [2:13:29] mas [2:13:30] malalim [2:13:30] yung [2:13:31] yung [2:13:31] lima [2:13:31] pang [2:13:31] mas [2:13:32] malalaking [2:13:33] may [2:13:33] pass [2:13:34] through [2:13:34] charge [2:13:34] character [2:13:35] sa mga [2:13:36] bill [2:13:36] po [2:13:36] natin [2:13:37] pero [2:13:37] so [2:13:37] Mr. Chair [2:13:38] may [2:13:38] final [2:13:39] po akong [2:13:39] bill [2:13:40] ngayong [2:13:40] linggo [2:13:40] iniintay [2:13:41] ko lang [2:13:41] pong [2:13:41] ma-refer [2:13:42] sa committee [2:13:42] nyo [2:13:43] tungkol [2:13:43] sa [2:13:44] consumer [2:13:44] protection [2:13:45] at [2:13:45] gusto [2:13:45] ko [2:13:45] nang [2:13:46] itanong [2:13:46] ito [2:13:46] sa [2:13:46] Meralco [2:13:47] at [2:13:47] sa [2:13:47] ERC [2:13:48] kasi [2:13:49] nga [2:13:49] po [2:13:49] may [2:13:50] nagbanggit [2:13:50] na rin [2:13:50] po [2:13:50] kanina [2:13:51] marami [2:13:51] po [2:13:51] sa [2:13:51] mga [2:13:51] kababayan [2:13:52] natin [2:13:53] nagre-reklamo [2:13:54] sa [2:13:54] maling [2:13:54] meter [2:13:55] reading [2:13:55] kaya [2:13:56] tumaas [2:13:56] po [2:13:56] yung [2:13:57] singil [2:13:57] sa [2:13:58] kuryente [2:13:58] nila [2:13:58] yung [2:13:59] bill [2:13:59] nila [2:13:59] for [2:14:00] the [2:14:00] record [2:14:01] lamang [2:14:01] po [2:14:01] para [2:14:01] marinig [2:14:02] nung [2:14:02] publiko [2:14:02] natin [2:14:03] hindi [2:14:04] po [2:14:12] kahit [2:14:12] pa [2:14:12] may [2:14:14] protesta [2:14:15] kailangan [2:14:15] kailangan [2:14:16] bang [2:14:16] bayaran [2:14:17] yung [2:14:17] full [2:14:17] amount [2:14:17] kahit [2:14:18] po [2:14:18] nagprotesta [2:14:19] yung [2:14:19] customer [2:14:20] na [2:14:20] ay mali [2:14:21] po [2:14:21] yung [2:14:21] reading [2:14:21] na to [2:14:22] sa [2:14:22] metro [2:14:22] ko [2:14:23] attorney [2:14:24] valius [2:14:25] Mr. [2:14:25] Chair [2:14:25] Ang [2:14:29] mga [2:14:30] consumers [2:14:30] po [2:14:31] na may [2:14:31] reklamo [2:14:33] tungkol [2:14:33] sa [2:14:33] kanilang [2:14:34] billing [2:14:35] or sa [2:14:35] kanilang [2:14:36] meter [2:14:36] reading [2:14:36] pag [2:14:37] sila [2:14:37] po [2:14:37] ay tumugon [2:14:38] sa [2:14:38] Energy [2:14:38] Regulatory [2:14:39] Commission [2:14:39] automatic [2:14:40] po [2:14:40] hindi [2:14:42] na po [2:14:42] na [2:14:42] enforce [2:14:43] yung [2:14:43] disconnection [2:14:44] so [2:14:44] pag [2:14:45] hindi po [2:14:45] nai-enforce [2:14:46] yung [2:14:46] disconnection [2:14:47] na [2:14:47] hohold [2:14:47] din nila [2:14:47] yung [2:14:48] kanilang [2:14:49] payment [2:14:50] ng bills [2:14:50] pero [2:14:51] wala pong [2:14:53] official [2:14:53] policy [2:14:54] to my [2:14:55] recollection [2:14:55] na [2:14:56] dapat [2:14:57] ay [2:14:57] hindi sila [2:14:58] magbayad [2:14:59] ng bill [2:15:00] pero [2:15:01] sa [2:15:01] Ameral [2:15:01] ko [2:15:01] po [2:15:02] ang [2:15:02] ginagawa [2:15:02] namin [2:15:03] tinitignan [2:15:03] namin [2:15:04] yung [2:15:04] mga [2:15:05] reklamo [2:15:05] yung [2:15:06] mga [2:15:06] complaints [2:15:06] at [2:15:07] within [2:15:08] the same [2:15:09] day [2:15:10] or two [2:15:10] days [2:15:10] nire-resolve [2:15:11] po namin [2:15:11] yan [2:15:12] bago pa [2:15:13] dumating [2:15:13] doon sa [2:15:14] due date [2:15:14] ng bill [2:15:15] so [2:15:16] malaking [2:15:16] porsyento [2:15:16] ng mga [2:15:17] reklamo [2:15:17] na yan [2:15:18] nare-resolve [2:15:18] namin [2:15:19] in a matter [2:15:19] of [2:15:19] 24 hours [2:15:20] or [2:15:21] 48 hours [2:15:21] bago pa [2:15:23] dumating [2:15:23] yung due date [2:15:24] ng bill [2:15:24] para [2:15:25] pagdating [2:15:25] ng due date [2:15:26] ng bill [2:15:26] alam na po [2:15:27] nila [2:15:27] kung ano [2:15:28] po yung [2:15:28] tamang [2:15:29] bayarin [2:15:30] doon [2:15:30] sa kanilang [2:15:31] kuryente [2:15:32] wala [2:15:33] wala [2:15:33] wala po [2:15:33] bang [2:15:33] planong [2:15:33] meral [2:15:34] ko [2:15:34] magkaroon [2:15:35] ng [2:15:35] official [2:15:36] company [2:15:36] policy [2:15:37] na [2:15:37] kung may [2:15:38] protesta [2:15:38] yung [2:15:39] customer [2:15:39] nyo [2:15:39] anyway [2:15:40] 70% [2:15:41] kayo [2:15:41] ng [2:15:41] market [2:15:41] kung may [2:15:42] protesta [2:15:43] po [2:15:43] sila [2:15:43] dahil [2:15:43] sasabihin [2:15:44] nila [2:15:44] mali [2:15:45] po [2:15:45] yung [2:15:45] meter [2:15:45] reading [2:15:45] namin [2:15:46] ay [2:15:47] hindi [2:15:47] nyo [2:15:47] muna [2:15:48] sila [2:15:48] puputulan [2:15:49] ng [2:15:49] kuryente [2:15:49] ginagawa [2:15:50] po namin [2:15:51] yan [2:15:51] your [2:15:52] honor [2:15:53] kung [2:15:53] alimbawa [2:15:55] po [2:15:55] at [2:15:55] pag [2:15:56] evaluate [2:15:57] namin [2:15:57] ng [2:15:57] kanilang [2:15:58] complaint [2:15:58] ay nakita [2:15:59] namin [2:15:59] na talagang [2:16:00] kami [2:16:01] initial [2:16:01] evaluation [2:16:02] pa lang [2:16:03] ito [2:16:03] within [2:16:03] 24 [2:16:04] hours [2:16:04] nakita [2:16:04] namin [2:16:05] na [2:16:05] kailangan [2:16:06] busisiin [2:16:06] ng [2:16:06] mabuti [2:16:07] at [2:16:07] mukhang [2:16:08] tama [2:16:09] ang [2:16:09] complaint [2:16:09] ng [2:16:10] customer [2:16:10] hinuhold [2:16:11] na po [2:16:12] namin [2:16:12] yan [2:16:12] hindi [2:16:13] na po [2:16:13] namin [2:16:13] pinipilit [2:16:14] sa [2:16:14] customer [2:16:14] na [2:16:15] pabayarin [2:16:16] pero [2:16:16] sana po [2:16:17] maintindihan [2:16:18] natin [2:16:18] na may [2:16:19] mga consumer [2:16:19] po [2:16:20] kasi [2:16:20] na [2:16:20] inaabuso [2:16:21] yung [2:16:21] mga [2:16:21] ganitong [2:16:22] pagkakataon [2:16:23] na maglereklamo [2:16:24] kahit [2:16:24] naman [2:16:25] walang [2:16:25] basihan [2:16:25] yung [2:16:25] ang [2:16:25] reklamo [2:16:26] para [2:16:26] hindi [2:16:28] sila [2:16:29] makapag [2:16:29] bayad [2:16:30] at [2:16:30] mahold [2:16:30] yung [2:16:31] disconnection [2:16:31] kaya [2:16:31] tinitimbang [2:16:32] namin [2:16:33] so [2:16:34] kung [2:16:34] tingin [2:16:35] namin [2:16:35] initial [2:16:35] evaluation [2:16:36] ay [2:16:36] walang [2:16:37] basihan [2:16:37] at [2:16:38] tama [2:16:38] naman [2:16:38] yung [2:16:39] billing [2:16:39] namin [2:16:40] ay [2:16:42] hindi [2:16:42] po [2:16:42] namin [2:16:43] hinuhold [2:16:43] yung [2:16:43] disconnection [2:16:44] pero [2:16:44] kung [2:16:45] hindi [2:16:45] po [2:16:45] siya [2:16:45] satisfied [2:16:46] yun [2:16:47] na po [2:16:48] yung [2:16:48] pagkakataon [2:16:48] niyang [2:16:48] pumunta [2:16:49] sa Energy [2:16:49] Regulatory [2:16:50] Commission [2:16:50] at [2:16:50] pagdating [2:16:51] naman [2:16:51] sa Energy [2:16:51] Regulatory [2:16:52] Commission [2:16:52] panfiling [2:16:53] ng [2:16:54] reklamo [2:16:54] eh [2:16:54] nahuhold [2:16:56] na po [2:16:56] yung [2:16:56] disconnection [2:16:58] Siyempre po [2:16:58] attorney [2:16:58] mas mahirap [2:16:59] pumunta [2:16:59] ang isang [2:17:00] customer [2:17:00] sa ERC [2:17:01] kesa [2:17:01] dumulog [2:17:02] diretso [2:17:03] sa [2:17:03] Meralco [2:17:04] mayroon [2:17:04] din po [2:17:04] kasi [2:17:05] mga [2:17:05] tao [2:17:05] na [2:17:05] kahit [2:17:06] nagpoprotesta [2:17:07] sila [2:17:07] na [2:17:08] mali [2:17:08] daw [2:17:10] yung [2:17:10] meter [2:17:10] reading [2:17:11] na [2:17:11] hindi po [2:17:15] isang [2:17:16] halimbawa [2:17:17] ni [2:17:17] Chair [2:17:17] kanina [2:17:17] eh [2:17:18] in [2:17:18] the [2:17:18] meantime [2:17:19] habang [2:17:20] nire-review [2:17:20] ng [2:17:20] Meralco [2:17:21] main [2:17:21] office [2:17:22] napuputulan [2:17:22] na po [2:17:23] sila [2:17:23] so [2:17:23] are you [2:17:24] telling [2:17:24] the [2:17:24] committee [2:17:25] po [2:17:25] na [2:17:26] Meralco [2:17:26] is not [2:17:26] thinking [2:17:27] right [2:17:27] now [2:17:28] of [2:17:29] having [2:17:29] a [2:17:29] company [2:17:30] official [2:17:31] policy [2:17:31] na [2:17:32] anyway [2:17:32] ilang [2:17:33] percentage [2:17:33] po ba [2:17:33] ng mga [2:17:34] customers [2:17:34] ay [2:17:34] nagre-reklamo [2:17:35] na [2:17:35] wrong [2:17:36] meter [2:17:36] reading [2:17:36] at [2:17:37] nagpoprotesta [2:17:38] would you [2:17:39] know sir [2:17:39] attorney [2:17:40] meron [2:17:41] kaming [2:17:41] mga [2:17:41] 8.3 [2:17:43] million [2:17:43] customers [2:17:44] at [2:17:45] to my [2:17:46] recollection [2:17:47] nasa [2:17:49] 2 million [2:17:50] 2 million [2:17:52] yung may mga [2:17:52] complaints [2:17:53] about [2:17:54] sorry [2:17:55] 2,000 [2:17:59] 2,000 [2:18:00] sorry [2:18:00] 2,000 [2:18:01] yung may mga [2:18:03] customer [2:18:05] complaints [2:18:06] na ine-evaluate [2:18:07] po namin [2:18:08] ngayon po [2:18:09] ang [2:18:09] dapat po [2:18:11] natin [2:18:11] ma [2:18:12] isip [2:18:13] sana [2:18:14] pagka [2:18:15] pinigil po [2:18:16] nila [2:18:16] yung [2:18:16] pagbabayad [2:18:17] halimbawa po [2:18:18] ito ay [2:18:18] dumami [2:18:18] at maabuso [2:18:19] at napigilan [2:18:20] yung pagbabayad [2:18:21] kami po [2:18:21] yung distribution [2:18:22] utility [2:18:23] naman po [2:18:23] hindi naman po [2:18:24] namin [2:18:24] napipigilan [2:18:25] yung pagbabayad [2:18:26] doon sa [2:18:26] generation [2:18:27] transmission [2:18:28] sa taxes [2:18:28] sa mga [2:18:30] subsidies [2:18:31] ang [2:18:31] distribution [2:18:33] component po [2:18:34] sa total [2:18:34] bill [2:18:35] nasa around [2:18:36] 10% [2:18:37] lang po [2:18:37] so in [2:18:38] other words [2:18:38] yung 90% [2:18:39] po [2:18:40] ng total [2:18:40] bill [2:18:40] i-advance [2:18:41] na po [2:18:41] namin [2:18:42] yun [2:18:42] sa mga [2:18:43] suppliers [2:18:44] sa gobyerno [2:18:45] habang [2:18:46] naka-hold [2:18:47] ang paniningil [2:18:48] namin [2:18:48] dito sa mga [2:18:49] customers [2:18:49] na to [2:18:50] kaya [2:18:50] mabusisi [2:18:50] po namin [2:18:51] tinitignan [2:18:52] kung ano po [2:18:53] talaga [2:18:53] yung may [2:18:53] mga basihan [2:18:54] na reklamo [2:18:54] o wala [2:18:55] last appeal [2:18:56] na lang [2:18:57] attorney [2:18:57] 2,000 lang [2:18:58] pala [2:18:59] sa 8 million [2:19:00] plus [2:19:00] yung [2:19:00] customers [2:19:01] so ano ba [2:19:02] yun [2:19:02] 0.0025% [2:19:05] or 0.025% [2:19:07] so [2:19:08] lalo na [2:19:09] panahon [2:19:09] ng krisis [2:19:10] ngayon [2:19:10] I don't know [2:19:12] maybe I'll just [2:19:12] leave it [2:19:13] as a [2:19:13] palaisapan [2:19:15] para sa [2:19:16] konsiderasyon [2:19:17] ninyo [2:19:17] generate [2:19:18] a bit [2:19:19] more [2:19:19] goodwill [2:19:22] sa [2:19:23] customers [2:19:24] na dagdag [2:19:25] na [2:19:25] konsiderasyon [2:19:27] na [2:19:27] habang itong [2:19:28] 2,000 lang [2:19:29] naman [2:19:29] na households [2:19:30] pero 2,000 [2:19:31] households pa rin [2:19:32] ay may protest [2:19:33] na dahil [2:19:33] di umano [2:19:34] mali ang pagbasa [2:19:35] sa metro nila [2:19:36] na [2:19:37] for the [2:19:39] consideration [2:19:40] of Meralco [2:19:41] habang [2:19:41] binabakan nyo rin [2:19:42] yung issue [2:19:43] ng system [2:19:44] laws [2:19:44] na [2:19:45] on the side [2:19:46] of [2:19:46] reading of [2:19:47] the meters [2:19:48] at pagsingil [2:19:49] ng bill [2:19:49] to consider [2:19:50] an official [2:19:52] company policy [2:19:53] na [2:19:54] wala muna [2:19:54] pagputol [2:19:56] habang [2:19:56] under protest [2:19:57] dahil di umano [2:19:58] sa wrong meter [2:19:59] reading [2:20:00] I'll leave that [2:20:01] for your [2:20:01] consideration [2:20:02] attorney [2:20:02] yes po [2:20:03] salamat po [2:20:04] walang anuman [2:20:07] if you would [2:20:08] care to get [2:20:09] back to our [2:20:09] chair about [2:20:10] that anytime [2:20:10] soon [2:20:11] ma-appreciate [2:20:12] po [2:20:12] ng [2:20:12] comite [2:20:12] as we look [2:20:13] at these [2:20:13] issues [2:20:13] ipokonsulta lang po [2:20:13] namin [2:20:14] yung [2:20:14] records [2:20:16] alright [2:20:17] salamat po [2:20:18] DOE po [2:20:19] nabangit ko [2:20:21] na po [2:20:21] na [2:20:21] nasa [2:20:22] crisis po [2:20:23] tayo [2:20:23] at nakapagdeklara [2:20:24] po [2:20:24] ng [2:20:24] national [2:20:25] energy [2:20:26] emergency [2:20:26] so [2:20:27] parallel [2:20:28] question [2:20:29] posible po [2:20:30] ba [2:20:30] magpatupad [2:20:31] ang [2:20:31] pamahalaan [2:20:32] ng [2:20:32] price [2:20:34] cap [2:20:34] price [2:20:35] cap [2:20:36] ngayong [2:20:36] tumataas [2:20:36] ang panahon [2:20:37] ng [2:20:37] petrolyo [2:20:38] at yun [2:20:38] na nga [2:20:38] nasa [2:20:39] national [2:20:39] energy [2:20:39] emergency [2:20:40] price [2:20:41] cap [2:20:41] po [2:20:41] dito [2:20:42] dito [2:20:42] sa presyo [2:20:43] ng [2:20:44] kuryente [2:20:44] sa ating [2:20:44] mga [2:20:45] kababayan [2:20:46] well [2:20:49] we will [2:20:49] consult [2:20:49] with [2:20:50] our [2:20:50] team [2:20:50] in [2:20:51] the [2:20:51] DOE [2:20:52] on that [2:20:52] matter [2:20:52] and [2:20:53] we'll [2:20:53] refer [2:20:53] thank you [2:20:54] very [2:20:54] much [2:20:54] may [2:20:54] follow [2:20:55] up [2:20:55] kasi [2:20:55] nako [2:20:56] senrisa [2:20:57] Yusek [2:20:58] Rio [2:20:59] and [2:20:59] attorney [2:21:00] Juan [2:21:00] what [2:21:01] will [2:21:01] it [2:21:02] take [2:21:02] para [2:21:03] ika [2:21:04] nga [2:21:04] makontrol [2:21:05] natin [2:21:06] itong [2:21:06] particular [2:21:07] generation [2:21:08] charges [2:21:09] na ito [2:21:09] alam [2:21:10] kong [2:21:10] deregulated [2:21:11] po yan [2:21:11] parang [2:21:11] gasolina [2:21:12] din [2:21:12] kaya [2:21:12] medyo [2:21:14] allergic [2:21:14] po [2:21:15] ako [2:21:15] dito [2:21:15] sa [2:21:15] deregulation [2:21:16] na ito [2:21:17] what [2:21:17] will [2:21:17] it [2:21:18] take [2:21:18] I [2:21:18] know [2:21:19] hindi [2:21:19] naman [2:21:19] pwede [2:21:20] natin [2:21:20] i-regulate [2:21:20] pero [2:21:21] yung [2:21:21] putting [2:21:22] a [2:21:22] price [2:21:22] up [2:21:22] giving [2:21:23] you [2:21:23] the [2:21:23] powers [2:21:24] na [2:21:24] sabihin [2:21:24] yung [2:21:24] take [2:21:24] muna [2:21:25] ito [2:21:25] lang [2:21:25] po [2:21:25] pwede [2:21:26] sige [2:21:26] incur [2:21:27] nyo [2:21:27] na [2:21:27] dyan [2:21:28] yung [2:21:29] cost [2:21:30] ng [2:21:30] fuel [2:21:30] cost [2:21:31] ng [2:21:31] coal [2:21:32] and [2:21:33] then [2:21:33] yung [2:21:33] profit [2:21:34] ninyo [2:21:34] what [2:21:35] will [2:21:35] it [2:21:35] take [2:21:35] for [2:21:36] this [2:21:36] committee [2:21:36] to [2:21:37] give [2:21:37] you [2:21:37] what [2:21:37] kind [2:21:38] of [2:21:38] power [2:21:38] so [2:21:39] that [2:21:39] you [2:21:39] can [2:21:40] put [2:21:41] a [2:21:41] price [2:21:41] cap [2:21:42] hindi [2:21:42] naman [2:21:42] po [2:21:42] regulate [2:21:43] totally [2:21:44] what [2:21:45] do [2:21:45] you [2:21:45] need [2:21:45] attorney [2:21:46] Iusek [2:21:47] Innocentio [2:21:47] Mr. [2:21:48] Chair [2:21:48] the [2:21:49] DOE [2:21:50] has [2:21:50] been [2:21:50] very [2:21:50] bullish [2:21:51] in [2:21:51] encouraging [2:21:52] that [2:21:53] what [2:21:53] we [2:21:53] call [2:21:53] the [2:21:54] retail [2:21:54] competition [2:21:55] the [2:21:56] open [2:21:56] competition [2:21:56] and [2:21:58] that [2:21:58] will [2:21:58] give [2:21:58] the [2:21:59] consumer [2:22:00] the [2:22:01] right [2:22:01] to [2:22:01] choose [2:22:02] the [2:22:02] supplier [2:22:03] that [2:22:03] they [2:22:04] would [2:22:04] want [2:22:04] to [2:22:05] supply [2:22:05] from [2:22:06] where [2:22:07] they [2:22:07] were [2:22:07] going [2:22:07] to [2:22:07] get [2:22:07] the [2:22:08] supply [2:22:08] and [2:22:08] it's [2:22:08] a [2:22:08] negotiated [2:22:09] contract [2:22:10] so [2:22:11] this [2:22:11] has [2:22:11] been [2:22:11] lowered [2:22:12] the [2:22:12] threshold [2:22:12] it [2:22:13] started [2:22:13] as [2:22:14] a [2:22:14] 1 [2:22:14] megawatt [2:22:14] threshold [2:22:15] it's [2:22:15] now [2:22:15] down [2:22:15] to [2:22:16] 100 [2:22:16] kilowatt [2:22:17] and [2:22:17] in [2:22:18] fact [2:22:18] together [2:22:19] with [2:22:20] ERC [2:22:20] the [2:22:21] ERC [2:22:21] has [2:22:22] already [2:22:22] issued [2:22:23] retail [2:22:24] aggregation [2:22:25] where [2:22:26] the [2:22:27] households [2:22:28] even [2:22:28] if [2:22:28] they're [2:22:29] less [2:22:29] than [2:22:29] 100 [2:22:30] kilowatt [2:22:30] they [2:22:30] can [2:22:31] aggregate [2:22:31] their [2:22:32] demand [2:22:32] and [2:22:33] actually [2:22:33] negotiate [2:22:34] with [2:22:35] their [2:22:35] supplier [2:22:36] this [2:22:36] will [2:22:37] empower [2:22:37] this [2:22:38] mostly [2:22:40] the [2:22:41] residential [2:22:41] and [2:22:41] even [2:22:41] the [2:22:42] commercial [2:22:42] to [2:22:43] negotiate [2:22:43] for [2:22:43] better [2:22:44] terms [2:22:44] without [2:22:44] being [2:22:45] controlled [2:22:45] by [2:22:46] the [2:22:46] distribution [2:22:48] utility [2:22:49] as [2:22:49] captive [2:22:49] market [2:22:50] so [2:22:50] that [2:22:51] is [2:22:51] something [2:22:51] that [2:22:52] we [2:22:52] are [2:22:52] very [2:22:52] bullish [2:22:53] about [2:22:53] giving [2:22:53] the [2:22:53] choice [2:22:54] to [2:22:54] our [2:22:55] people [2:22:55] on [2:22:55] who [2:22:56] from [2:22:57] whom [2:22:57] they [2:22:57] should [2:22:57] get [2:22:58] their [2:22:58] power [2:22:58] from [2:22:59] So [2:23:01] sa [2:23:01] atin [2:23:01] isang [2:23:01] kumpanya [2:23:02] sa [2:23:02] Metro [2:23:02] Manila [2:23:02] Meralco [2:23:03] doon po [2:23:03] sa [2:23:04] Palawan [2:23:04] si [2:23:04] Paleko [2:23:05] lang [2:23:05] sa [2:23:05] Oriental [2:23:06] or [2:23:06] Ormeco [2:23:07] sa [2:23:07] Bataan [2:23:08] si [2:23:08] Penelco [2:23:09] wala namang [2:23:10] other [2:23:11] companies [2:23:11] po [2:23:11] na [2:23:12] pwede [2:23:13] lang [2:23:13] pagpipilian [2:23:14] kung [2:23:14] meron [2:23:14] lang [2:23:14] siguro [2:23:15] pipiliin [2:23:15] na [2:23:15] Actually [2:23:17] Mr. Chair [2:23:18] meron [2:23:18] na tayong [2:23:19] tinatawag [2:23:19] na [2:23:20] retail [2:23:20] electricity [2:23:20] suppliers [2:23:21] and [2:23:22] there [2:23:23] are [2:23:23] very [2:23:23] like [2:23:23] for [2:23:24] example [2:23:24] the [2:23:24] recent [2:23:25] may [2:23:25] mga [2:23:26] big [2:23:28] companies [2:23:28] already [2:23:28] that [2:23:31] to [2:23:31] get [2:23:32] their [2:23:32] supply [2:23:32] from [2:23:33] retail [2:23:33] electricity [2:23:34] suppliers [2:23:34] and [2:23:35] as [2:23:35] mentioned [2:23:35] it [2:23:36] has [2:23:36] already [2:23:36] gone [2:23:37] down [2:23:37] to [2:23:37] 100 [2:23:37] kilowatt [2:23:38] as [2:23:39] a [2:23:39] threshold [2:23:39] and [2:23:40] it [2:23:41] can [2:23:41] even [2:23:41] be [2:23:41] less [2:23:42] than [2:23:42] that [2:23:42] the [2:23:43] threshold [2:23:43] by [2:23:43] aggregating [2:23:44] their [2:23:44] demand [2:23:46] and [2:23:46] they [2:23:47] can [2:23:47] actually [2:23:48] contract [2:23:49] or [2:23:50] contact [2:23:50] this [2:23:50] retail [2:23:51] electricity [2:23:51] supplier [2:23:52] and [2:23:52] negotiate [2:23:53] for [2:23:53] lower [2:23:53] rates [2:23:54] and [2:23:54] the [2:23:55] number [2:23:56] of [2:23:56] electricity [2:23:57] suppliers [2:23:57] have [2:23:58] really [2:23:58] been [2:23:58] has [2:23:59] gone [2:24:00] up [2:24:00] and [2:24:00] the [2:24:00] competition [2:24:01] is [2:24:02] very [2:24:02] strict [2:24:03] already [2:24:04] and [2:24:04] they [2:24:04] have [2:24:05] that [2:24:05] option [2:24:05] Mr. [2:24:05] Chair [2:24:06] Attorney [2:24:06] Juan [2:24:07] anong [2:24:08] kailangan [2:24:09] ba [2:24:10] para [2:24:10] kapagod na [2:24:11] ito [2:24:12] for the [2:24:12] past [2:24:13] 20 [2:24:13] plus [2:24:14] years [2:24:14] ganito [2:24:15] nang [2:24:15] ganito [2:24:15] ang dami [2:24:16] mga [2:24:16] pass [2:24:16] on [2:24:16] charges [2:24:17] sa [2:24:17] mga [2:24:18] tao [2:24:18] wala [2:24:19] bang [2:24:19] pawamaraan [2:24:20] can [2:24:20] you give [2:24:21] us [2:24:21] an [2:24:21] idea [2:24:21] kaya [2:24:22] nandito [2:24:23] tayo [2:24:23] to [2:24:23] review [2:24:24] the [2:24:24] law [2:24:24] and [2:24:25] then [2:24:25] you're [2:24:25] requesting [2:24:26] for [2:24:26] more [2:24:26] power [2:24:26] so [2:24:27] what [2:24:27] will [2:24:27] it [2:24:28] take [2:24:28] para [2:24:28] ika [2:24:29] makontrol [2:24:29] ito [2:24:30] what [2:24:30] do [2:24:30] you need [2:24:31] what [2:24:31] kind [2:24:31] of [2:24:32] power [2:24:33] or [2:24:33] something [2:24:34] that [2:24:34] you [2:24:34] need [2:24:34] to [2:24:35] control [2:24:35] this [2:24:35] kasi [2:24:36] alam [2:24:36] ko [2:24:36] deregulated [2:24:37] po itong [2:24:37] generation [2:24:38] charges [2:24:38] po [2:24:39] na [2:24:39] ito [2:24:39] so [2:24:39] what [2:24:40] do [2:24:40] you [2:24:40] name [2:24:40] o [2:24:41] po [2:24:41] tama [2:24:42] po [2:24:42] yan [2:24:42] ang nakita [2:24:43] naman [2:24:43] natin [2:24:43] kasi [2:24:44] over [2:24:44] time [2:24:44] during [2:24:45] the [2:24:45] implementation [2:24:45] of [2:24:46] the [2:24:46] IPRA [2:24:46] these [2:24:47] past [2:24:47] 25 [2:24:48] years [2:24:48] ang [2:24:49] ating [2:24:49] supply [2:24:50] ay [2:24:50] sumasabay [2:24:51] lang [2:24:51] dun [2:24:51] sa [2:24:51] paglaki [2:24:52] ng [2:24:52] demand [2:24:53] at [2:24:53] kung [2:24:54] nagkakaroon [2:24:55] na nga [2:24:55] nung [2:24:55] mga [2:24:56] pagtanda [2:24:56] nung [2:24:57] ibang [2:24:57] mga [2:24:57] planta [2:24:58] natin [2:24:58] at [2:24:58] yung [2:24:58] mga [2:24:58] infrastructura [2:24:59] kasama [2:25:00] na yung [2:25:00] transmission [2:25:01] at [2:25:01] yung [2:25:01] mga [2:25:01] distribution [2:25:02] sa [2:25:03] tuwing [2:25:03] magkakaroon [2:25:03] ng [2:25:04] mga [2:25:04] ganitong [2:25:04] aberya [2:25:05] ay [2:25:05] nagkukulang [2:25:06] ang supply [2:25:07] at [2:25:08] nagre-react [2:25:08] ang [2:25:09] merkado [2:25:09] nagkakaroon [2:25:10] ng [2:25:10] pagtaas [2:25:10] sa [2:25:11] ating [2:25:11] mga [2:25:11] singil [2:25:12] lalo [2:25:12] na [2:25:12] sa [2:25:13] wholesale [2:25:13] electricity [2:25:14] spot [2:25:14] market [2:25:15] so [2:25:16] kung [2:25:16] ako [2:25:16] po [2:25:16] ang [2:25:16] matatanong [2:25:17] syempre [2:25:18] ang [2:25:18] supply [2:25:18] kailangan [2:25:19] natin [2:25:19] ayusin [2:25:20] at [2:25:20] siguruhin [2:25:21] na [2:25:21] talagang [2:25:22] magkakaroon [2:25:23] ng [2:25:23] karagdagang [2:25:24] mga [2:25:24] supply [2:25:25] upang [2:25:25] matugunan [2:25:26] yung [2:25:26] lumalaking [2:25:27] demand [2:25:27] natin [2:25:33] dahil [2:25:33] ito [2:25:33] ay [2:25:34] privadong [2:25:35] sektor [2:25:36] ang [2:25:36] mamumuhunan [2:25:37] dito [2:25:37] sa mga [2:25:38] generation [2:25:39] supply [2:25:40] na ito [2:25:40] kakailangan [2:25:41] na mayroon [2:25:42] tayong [2:25:43] stable [2:25:44] na [2:25:45] legal [2:25:46] and [2:25:46] regulatory [2:25:47] policy [2:25:48] environment [2:25:49] na kung saan [2:25:49] talaga [2:25:50] ma-attract [2:25:50] sila [2:25:51] na mamuhunan [2:25:51] at [2:25:52] kung saan [2:25:53] natin [2:25:53] gusto silang [2:25:54] mamuhunan [2:25:55] kung halimbawa [2:25:55] ang [2:25:56] pulisiya [2:25:56] talaga [2:25:57] ng [2:25:57] gobyerno [2:25:57] ay [2:25:57] mabawasan [2:25:58] yung [2:25:59] reliance [2:25:59] natin [2:25:59] sa [2:26:00] imported [2:26:00] fuel [2:26:00] so [2:26:01] kinakailangan [2:26:02] magkaroon tayo [2:26:03] ng mga [2:26:04] implementasyon [2:26:05] ng mga [2:26:05] pulisiya [2:26:05] at [2:26:06] regulasyon [2:26:06] na makahikayat [2:26:07] sa [2:26:08] pagtatayo [2:26:08] ng mga [2:26:09] karagdagang [2:26:09] mga [2:26:10] renewable [2:26:10] plants [2:26:11] halimbawa [2:26:12] nang sa [2:26:12] ganun [2:26:12] ay mabawasan [2:26:13] naman [2:26:13] yung [2:26:13] ating [2:26:14] dependence [2:26:15] on [2:26:15] imported [2:26:16] fuel [2:26:16] at [2:26:16] kung [2:26:17] magtatayo [2:26:17] naman [2:26:17] ang [2:26:18] planta [2:26:18] itong [2:26:18] mga [2:26:19] privadong [2:26:19] sektor [2:26:20] na ito [2:26:20] sila [2:26:20] ay [2:26:21] umuutang [2:26:21] sila [2:26:22] ay [2:26:22] naglalagak [2:26:22] ng [2:26:23] kanilang [2:26:24] kapital [2:26:24] at [2:26:25] itong [2:26:25] kapital [2:26:25] na ito [2:26:26] kumpara [2:26:26] naman [2:26:27] sa [2:26:27] ibang [2:26:27] mansa [2:26:27] medyo [2:26:28] may [2:26:28] kamahalan [2:26:29] ang [2:26:29] ating [2:26:29] cost [2:26:29] of [2:26:29] capital [2:26:30] so [2:26:30] ito [2:26:31] rin [2:26:31] ay [2:26:31] napapasama [2:26:32] doon [2:26:32] sa [2:26:32] ating [2:26:32] generation [2:26:33] charge [2:26:34] kasama [2:26:34] na dito [2:26:35] kung tayo [2:26:36] ay patuloy [2:26:36] nagre-rely [2:26:37] doon [2:26:38] sa mga [2:26:38] imported [2:26:38] fuel [2:26:39] na [2:26:39] binibili [2:26:40] natin [2:26:40] ng [2:26:40] dolyar [2:26:41] so [2:26:42] sa tuwing [2:26:42] magkakaroon [2:26:43] ng [2:26:43] pagtataas [2:26:44] sa singil [2:26:44] ng [2:26:44] coal [2:26:45] sa singil [2:26:46] ng [2:26:46] nut [2:26:46] gas [2:26:47] at [2:26:47] binibili [2:26:48] natin [2:26:48] ito [2:26:48] ng [2:26:48] dolyar [2:26:49] lalong [2:26:49] tumataas [2:26:50] yung [2:26:50] gastusin [2:26:51] sa [2:26:51] paglikha [2:26:52] ng [2:26:52] kuryente [2:26:52] nito [2:26:52] so [2:26:53] pangkalahatan [2:26:54] po [2:26:54] kung gusto [2:26:55] natin [2:26:55] na pababain [2:26:56] siguro [2:26:56] ang singil [2:26:57] ng [2:26:57] kuryente [2:26:57] ultimately [2:26:58] yun [2:26:59] ang ating [2:26:59] punteriyahin [2:27:00] yung [2:27:01] generation [2:27:01] at [2:27:02] kung [2:27:03] titignan [2:27:03] pa [2:27:04] natin [2:27:04] yung [2:27:04] ibang [2:27:04] mga [2:27:04] maliliit [2:27:05] na [2:27:05] component [2:27:06] dyan [2:27:06] yung [2:27:06] mga [2:27:06] policy [2:27:07] tulad [2:27:07] nung [2:27:08] sa [2:27:08] universal [2:27:09] charge [2:27:09] palaki [2:27:10] na [2:27:10] na rin [2:27:10] po [2:27:10] ng [2:27:10] palaki [2:27:11] yung [2:27:11] universal [2:27:12] charge [2:27:12] for [2:27:12] missionary [2:27:13] electrification [2:27:13] ganoon din po [2:27:14] meron pa dyan [2:27:15] yung mga [2:27:16] ibang [2:27:16] pass-through [2:27:17] charges [2:27:18] na po [2:27:18] pwede na [2:27:19] tingnan natin [2:27:20] kung paano [2:27:20] ito [2:27:20] mas mapabababa [2:27:21] Go ahead [2:27:24] Nabuksan ni [2:27:25] USEC [2:27:26] Rio [2:27:28] yung [2:27:28] retail [2:27:30] competition [2:27:31] Meron [2:27:33] EFERA [2:27:34] yung retail [2:27:35] competition [2:27:36] open access [2:27:37] kailangan [2:27:37] all the way [2:27:39] to the [2:27:39] household [2:27:39] level [2:27:40] yan [2:27:40] I know [2:27:40] bumababa [2:27:41] naman [2:27:41] but [2:27:43] ang [2:27:43] aspiration [2:27:45] natin [2:27:46] lahat [2:27:47] ng [2:27:47] kabahayan [2:27:48] pwedeng [2:27:48] pumili [2:27:49] ng [2:27:49] generator [2:27:50] nila [2:27:50] para [2:27:50] talagang [2:27:51] laban [2:27:51] laban [2:27:52] naman [2:27:52] generator [2:27:52] hindi [2:27:53] lang [2:27:53] aggregation [2:27:54] kundi [2:27:54] all the [2:27:55] way [2:27:55] to [2:27:55] the [2:27:55] household [2:27:56] level [2:27:56] that's [2:27:57] the [2:27:57] dream [2:27:57] but [2:27:59] that [2:27:59] dream [2:28:00] is not [2:28:00] unique [2:28:01] sa [2:28:01] Singapore [2:28:02] ginagawa [2:28:02] na yan [2:28:03] sa [2:28:04] Australia [2:28:04] ginagawa [2:28:05] na yan [2:28:05] so [2:28:06] kami [2:28:07] mga [2:28:07] consumers [2:28:08] we can [2:28:08] choose [2:28:09] our [2:28:09] generator [2:28:09] kung [2:28:10] gusto [2:28:10] namin [2:28:10] RE [2:28:10] pwede [2:28:11] kaming [2:28:11] mag [2:28:12] full [2:28:12] RE [2:28:12] pag [2:28:12] gusto [2:28:13] namin [2:28:13] blended [2:28:13] pwede [2:28:14] kaming [2:28:14] mag [2:28:14] blended [2:28:15] so [2:28:16] kailan [2:28:16] kailan [2:28:18] natin [2:28:18] magagawa [2:28:18] yan [2:28:19] kailan [2:28:19] natin [2:28:20] ma-reach [2:28:21] na [2:28:21] retail [2:28:22] competition [2:28:23] all the [2:28:23] way [2:28:24] to [2:28:24] the [2:28:24] household [2:28:24] level [2:28:25] sa [2:28:26] ngayon [2:28:26] po [2:28:26] ay [2:28:27] nagkaroon [2:28:27] na [2:28:27] naman [2:28:28] ng [2:28:28] katuparan [2:28:28] yung [2:28:28] pangarap [2:28:29] na yan [2:28:29] sa [2:28:29] ilan [2:28:30] ilan [2:28:30] natin [2:28:30] na mga [2:28:31] household [2:28:31] dahil [2:28:31] sa [2:28:32] programa [2:28:32] ng [2:28:32] retail [2:28:32] aggregation [2:28:33] program [2:28:34] na kung [2:28:34] saan [2:28:34] ng [2:28:35] ating [2:28:35] mga [2:28:35] even [2:28:36] household [2:28:37] mga [2:28:37] kabahayan [2:28:38] pwede [2:28:39] silang [2:28:39] magbuklod [2:28:39] tulad [2:28:40] ng [2:28:40] isang [2:28:41] nangyari [2:28:41] dyan [2:28:41] sa [2:28:41] isang [2:28:42] subdivision [2:28:43] exclusive [2:28:43] sa [2:28:44] malapit [2:28:45] sa [2:28:45] ortiga [2:28:46] sa [2:28:46] opisina [2:28:47] namin [2:28:47] nagbuklod [2:28:47] buklod [2:28:48] sila [2:28:48] at [2:28:48] sila [2:28:49] ay [2:28:49] nakipag [2:28:49] negotiate [2:28:50] sa [2:28:50] isang [2:28:51] retail [2:28:51] electricity [2:28:52] supplier [2:28:52] at [2:28:53] nagkaroon [2:28:53] sila [2:28:53] ng [2:28:54] sariling [2:28:55] kontrata [2:28:56] nila [2:28:56] for [2:28:56] the [2:28:56] supply [2:28:57] at [2:28:57] nakikita [2:28:58] natin [2:28:58] dito [2:28:58] sa [2:28:58] mga [2:28:59] nagpa [2:28:59] participate [2:28:59] sa [2:29:00] ating [2:29:00] retail [2:29:00] market [2:29:01] maging [2:29:02] ito [2:29:02] ay [2:29:02] yung [2:29:02] individual [2:29:04] o [2:29:04] kaya [2:29:05] ay [2:29:05] aggregate [2:29:09] retail [2:29:10] rate [2:29:10] dahil [2:29:11] yung [2:29:11] generation [2:29:12] charge [2:29:12] ay [2:29:13] naitetailor [2:29:14] sa [2:29:15] kanilang [2:29:15] pangailangan [2:29:16] unlike [2:29:17] dito [2:29:17] sa [2:29:17] mga [2:29:18] captive [2:29:18] market [2:29:18] tayong [2:29:19] lahat [2:29:19] na [2:29:19] nakadepende [2:29:20] doon [2:29:21] sa [2:29:21] contracting [2:29:21] na [2:29:22] mga [2:29:22] decisions [2:29:23] and [2:29:24] procurement [2:29:24] decisions [2:29:25] ng [2:29:25] ating [2:29:25] utility [2:29:26] at [2:29:27] paminsan [2:29:27] ito [2:29:28] ay [2:29:28] hindi [2:29:28] na [2:29:29] o-optimize [2:29:30] at [2:29:30] talagang [2:29:31] na [2:29:31] hahanap [2:29:32] yung [2:29:32] list [2:29:33] cost [2:29:33] pagdating [2:29:34] po [2:29:34] sa [2:29:34] retail [2:29:34] electricity [2:29:35] suppliers [2:29:36] dahil [2:29:36] alam nila [2:29:37] ang [2:29:37] kanilang [2:29:37] customer [2:29:38] ang load [2:29:38] nila [2:29:38] hahanap [2:29:39] sila [2:29:39] ngayon [2:29:40] ng [2:29:40] supply [2:29:42] na [2:29:42] matutuganan [2:29:43] yung [2:29:44] kanilang [2:29:44] load [2:29:45] o yung [2:29:45] customer [2:29:46] at [2:29:46] ng [2:29:47] mas [2:29:47] mababa [2:29:47] para [2:29:48] sila [2:29:48] ay [2:29:48] makipag [2:29:49] compete [2:29:50] doon [2:29:50] pa [2:29:50] sa [2:29:51] ibang [2:29:51] mga [2:29:51] retail [2:29:51] electricity [2:29:52] suppliers [2:29:53] at [2:29:53] dito [2:29:53] po [2:29:53] natin [2:29:54] nakikita [2:29:54] yung [2:29:54] competition [2:29:55] at [2:29:56] the [2:29:56] retail [2:29:56] level [2:29:56] but [2:29:58] household [2:29:58] level [2:29:59] aggregation [2:30:00] pa rin [2:30:00] yan [2:30:00] naibaba [2:30:01] na po [2:30:02] natin [2:30:02] yung [2:30:02] threshold [2:30:03] to [2:30:03] 100 [2:30:03] kilowatt [2:30:04] so [2:30:04] kasama [2:30:05] na po [2:30:05] dito [2:30:05] kahit [2:30:06] yung [2:30:06] mga [2:30:06] medium [2:30:07] na [2:30:08] mga [2:30:09] negosyo [2:30:10] medium [2:30:10] sized [2:30:10] businesses [2:30:11] at [2:30:13] sa green [2:30:14] energy [2:30:15] option [2:30:15] naman po [2:30:15] kung [2:30:16] ikaw [2:30:16] ay [2:30:16] individual [2:30:17] at [2:30:17] meron kang [2:30:18] naisin [2:30:19] na [2:30:19] makipagkontrast [2:30:20] sa [2:30:20] renewable [2:30:21] lang [2:30:21] ito [2:30:22] ay [2:30:22] ibinaba [2:30:23] na nga [2:30:23] din [2:30:23] ng [2:30:23] department [2:30:24] of [2:30:24] energy [2:30:24] I think [2:30:25] to [2:30:25] 50 [2:30:25] kilowatt [2:30:26] so [2:30:26] mayroon [2:30:27] din [2:30:28] of course [2:30:28] na mga [2:30:28] implementation [2:30:29] issues [2:30:30] ang lagi [2:30:30] nating [2:30:30] naririnig [2:30:31] na issue [2:30:31] mula [2:30:32] sa ating [2:30:32] mga [2:30:32] distribution [2:30:33] utilities [2:30:34] ay [2:30:34] yung [2:30:34] kanilang [2:30:35] stranded [2:30:35] contract [2:30:36] na [2:30:37] kung [2:30:38] sila [2:30:38] ay [2:30:39] mababawasan [2:30:39] ng [2:30:40] customer [2:30:40] yung [2:30:41] mga [2:30:41] nakontrata [2:30:41] naman nila [2:30:42] under [2:30:43] power supply [2:30:44] agreements [2:30:44] na [2:30:44] paminsan [2:30:45] ay [2:30:45] long term [2:30:46] hanggang [2:30:46] 10 [2:30:46] taon [2:30:47] maaaring [2:30:48] hindi [2:30:48] na nila [2:30:48] ito [2:30:49] magamit [2:30:49] at [2:30:49] ito [2:30:50] ay [2:30:50] madadagdag [2:30:50] naman [2:30:51] dun sa [2:30:51] gastos [2:30:52] na [2:30:52] ipapas-all [2:30:52] nila [2:30:52] sa [2:30:53] kanilang [2:30:53] remaining [2:30:53] captive [2:30:54] customers [2:30:54] so [2:30:55] yan [2:30:55] din [2:30:55] po [2:30:55] ang [2:30:56] issues [2:30:56] na [2:30:56] pinag [2:30:56] iisipan [2:30:57] natin [2:30:58] kung [2:30:58] paano [2:30:58] maikakarve [2:30:59] out [2:30:59] ito [2:31:00] mailalagay [2:31:01] as a [2:31:01] standard [2:31:02] provision [2:31:02] template [2:31:03] ng mga [2:31:04] PSAs [2:31:04] na [2:31:04] ika-carve [2:31:05] out [2:31:05] ito [2:31:05] ay [2:31:07] ma-free [2:31:07] up din [2:31:08] naman [2:31:08] yung [2:31:08] mga [2:31:09] distribution [2:31:09] utilities [2:31:10] natin [2:31:10] at [2:31:10] yung [2:31:10] captive [2:31:11] customers [2:31:11] ay hindi [2:31:12] kailangan [2:31:13] magbayad [2:31:13] dito [2:31:13] sa [2:31:14] mga [2:31:14] contracted [2:31:15] capacities [2:31:15] na [2:31:16] hindi [2:31:16] naman [2:31:16] kailangan [2:31:17] Kaya ba [2:31:19] in the [2:31:20] next [2:31:20] two [2:31:20] years [2:31:20] before [2:31:21] this [2:31:22] administration [2:31:22] ends [2:31:23] Chairman [2:31:26] Nino [2:31:27] I-assess [2:31:28] po natin [2:31:28] bago [2:31:29] lang po [2:31:29] natin [2:31:30] ipinatupad [2:31:31] yung [2:31:31] customer [2:31:31] switch [2:31:32] para [2:31:32] sa [2:31:32] 100 [2:31:32] kilowatt [2:31:33] noong [2:31:33] June [2:31:34] 26 [2:31:34] at [2:31:35] titignan [2:31:35] po [2:31:36] natin [2:31:36] yung [2:31:36] performance [2:31:37] ng [2:31:37] market [2:31:37] at [2:31:38] ang [2:31:38] readiness [2:31:38] ng [2:31:39] ating [2:31:39] mga [2:31:39] distribution [2:31:40] utilities [2:31:40] That [2:31:40] will [2:31:40] really [2:31:40] give [2:31:41] the [2:31:41] consumers [2:31:41] the [2:31:42] power [2:31:42] of [2:31:42] choice [2:31:43] Biro [2:31:43] lahat [2:31:44] ka [2:31:44] pwede [2:31:45] kang [2:31:45] pumili [2:31:45] kung [2:31:45] gusto [2:31:46] mo [2:31:46] full [2:31:46] solar [2:31:47] gusto [2:31:47] mo [2:31:47] geothermal [2:31:48] gusto [2:31:48] mo [2:31:48] blended [2:31:49] bahala [2:31:49] ka na [2:31:50] tapos [2:31:50] laban [2:31:51] laban [2:31:51] yan [2:31:51] because [2:31:52] all [2:31:52] the [2:31:52] generators [2:31:53] now [2:31:53] or [2:31:53] rest [2:31:54] ilalapit [2:31:55] yan [2:31:55] sa mga [2:31:56] consumers [2:31:56] mag-offer [2:31:57] sila [2:31:58] so [2:31:58] hopefully [2:31:59] in the [2:31:59] next [2:31:59] two [2:31:59] years [2:32:00] hopefully [2:32:00] If I may [2:32:01] add [2:32:01] Mr. Chair [2:32:02] as [2:32:02] katulad [2:32:04] na sabi [2:32:04] ni Chair [2:32:05] meron [2:32:05] na rin [2:32:05] mga [2:32:06] condominions [2:32:06] who [2:32:07] have [2:32:07] opted [2:32:07] aggregation [2:32:08] nga [2:32:09] lang [2:32:09] but [2:32:09] nagiging [2:32:10] aware [2:32:12] na [2:32:12] ang [2:32:13] consumers [2:32:14] natin [2:32:15] they have [2:32:15] the [2:32:16] right [2:32:16] to choose [2:32:16] if they [2:32:17] can only [2:32:17] for now [2:32:18] until we [2:32:19] go down [2:32:19] to the [2:32:20] household [2:32:20] level [2:32:20] they can [2:32:21] just [2:32:21] have [2:32:21] to [2:32:22] aggregate [2:32:22] but [2:32:23] nagiging [2:32:24] mas [2:32:24] known [2:32:26] na [2:32:26] that [2:32:27] they [2:32:27] actually [2:32:27] can [2:32:28] choose [2:32:28] their [2:32:28] source [2:32:29] of [2:32:29] supply [2:32:30] and [2:32:31] negotiate [2:32:31] for [2:32:31] lower [2:32:32] rates [2:32:33] Mr. Chair [2:32:34] Doe [2:32:35] Doe [2:32:37] not [2:32:38] have [2:32:39] an [2:32:40] emergency [2:32:41] or [2:32:41] calamity [2:32:44] like [2:32:46] state [2:32:46] of [2:32:46] energy [2:32:47] emergency [2:32:47] not [2:32:48] automatic [2:32:49] that the current is not going to be able to pay on time? [2:32:55] Actually, Madam, there's no policy as of now, but we will look into that. [2:33:01] What we did during the emergency in order to regulate the cost [2:33:06] is when we have, together with ERC, made the administered pricing effective [2:33:11] for at least, I think, the first month of the emergency, Madam Chair. [2:33:18] Ah, Mr. Chair. [2:33:19] So, posibleng gawin na default yung no disconnection muna [2:33:25] habang may calamity or emergency. [2:33:27] Pwede kasama ito sa pag-aaralan nyo? [2:33:30] Yes, ma'am. [2:33:31] For the record kasi, Mr. Chair, gaya ng nabangin ko kanina, [2:33:35] naghahayin po ako kahapon lang ng Senate Bill 2361 [2:33:38] na naglalayong bigyan ng kapangyarihan ang gobyerno [2:33:42] na magtakda ng presyo ng kuryente kapag may state of emergency or may calamity. [2:33:47] Ang panukalang ito ay gagawing automatic ang no disconnection policy kapag na emergency [2:33:53] or calamity, deferred payment scheme, at saka yung, sabi ng Meralco, [2:33:59] pag-aaralan nila, pagbabawal sa disconnection habang pinoprotesta ang diumanong maling bill. [2:34:07] I have a final question for DOE, Mr. Chair. [2:34:11] Go ahead. [2:34:12] So, sa 25 years po, quarter century ng EPIRA, [2:34:17] hindi natupad ang pangako nito sa pagpapababa sa presyo ng kuryente. [2:34:24] So, masasabi nyo po ba na naging efektibo ang EPIRA [2:34:29] dyan sa pangarap na pagpapababa ng presyo ng kuryente sa loob ng 25 taon? [2:34:35] Ma'am, the EPIRA has institutionalized several improvements in the energy sector, [2:34:44] but we agree that it is something that we need to revisit [2:34:47] and identify areas of improvement. [2:34:53] Salamat po, Yusek. Salamat po, Mr. Chair. [2:34:55] Thank you, Senator Reza. [2:35:00] Before we proceed, we really have a mission, DOE and ERC in NEA, [2:35:09] whether we like it or not. [2:35:10] We really have to finish this and we really have to work on, [2:35:14] basing on the policy, new policy of the government, [2:35:17] na alisin po yung systems lost na yan. [2:35:19] We really have to do this and we have to do this quickly. [2:35:22] Moving on, Philippine, who's next? [2:35:28] Phil Reca, are you here? [2:35:30] Please, may I remind our resource persons to please limit to three minutes [2:35:34] your presentation or your statements, [2:35:36] para we can accommodate. [2:35:38] There's still like about 15 different organizations [2:35:42] to our resource persons today to give out their positions, [2:35:49] statements. [2:35:52] Phil Reca, go ahead. [2:35:54] Magandang tanghali po, Mr. Chair, [2:35:56] and to our Senate President, [2:35:58] our Honorable Risa Ontiveros. [2:36:01] Kaisa po ang Philippine Rural Electric Cooperative o Phil Reca [2:36:05] sa direksyon ng pamalaan [2:36:07] at bukas ang aming hanay [2:36:10] na aktibo ang makilahok sa mga talakayan [2:36:13] at pagkilus ukol sa pag-ambyanda ng IPRA [2:36:16] at sa mga reforma sa ating sektor na elektrifikasyon. [2:36:19] Mahalagang kilalanin na ang system laws [2:36:23] ay isang likas na katotohan ng technical [2:36:25] na itinakda ng agham at mga batas ng physics o science, [2:36:32] lalo na sa malalawak, malalayo at kabundukang sakop [2:36:36] ng mga electric cooperatives. [2:36:38] Bagaman, patuli na nagpupundo at nagsisikap [2:36:42] ang mga electric cooperatives [2:36:43] na maay midort modernisa [2:36:46] ang mga linya at sugpuin ng pag-inakaw ng kuryente, [2:36:50] likas na may nawawalang enerhiya [2:36:53] habang dumadalo ito sa mahabang linya, [2:36:57] mas mahabang linya, mas mataas na system laws. [2:37:01] Sa aming pumpanig, [2:37:03] buo ang suportan ng Phil Reca [2:37:05] sa pag-itanggal ng system laws charges [2:37:11] at iba pang non-power cost [2:37:13] sapagkat hindi dapat patawan [2:37:16] ang kuryente hindi naman nagamit [2:37:19] ng ating mga mayan. [2:37:21] Gayunpaman, upang maprotectahan [2:37:24] ang operasyon ng mga non-stack, [2:37:26] non-profit electric cooperatives, [2:37:29] ang ganap na pagpapatigil [2:37:31] sa pagbawi o recovery ng system laws [2:37:34] ay dapat tapatan ng direktibang mekanismo [2:37:38] o isang performance-driven transition model [2:37:44] o isang performance-based standards [2:37:47] sa ilalim ng Energy Regulatory Commission. [2:37:52] Kasabay po nito, [2:37:54] inaasahan po namin [2:37:55] ng isang formal na komprinsibong talakayan. [2:37:57] Sa usaping ito, [2:37:59] gayun din sa iba pang mga mahalagang hakbangin [2:38:01] gaya ng pagpapababa ng generation charges, [2:38:07] pag-aayos ng grid congestion cost [2:38:09] at ang pagpalakas sa National Power Corporation [2:38:13] upang mapatakbo [2:38:14] ang mga backup power capacity sa Luzon, [2:38:17] Visayas at Bindanao. [2:38:20] Nananatiling buo ang suportan ng Phil Reca [2:38:22] na may apagtulungan sa gobyerno, [2:38:25] mga mababatas [2:38:25] at iba pang kasapi na industriya [2:38:28] upang makamit, [2:38:29] makatarong ang presyo [2:38:31] at maaasahan ang servisyon ng kuryente [2:38:33] para sa bawat pamilyang Pilipino. [2:38:36] Mr. Chair. [2:38:36] Thank you, Phil Reca, Komsek. [2:38:42] National Association of General Managers [2:38:44] of Electric Cooperatives, [2:38:45] you have three minutes, sir. [2:38:48] Thank you, Mr. Chair, [2:38:50] and to all the senators present, [2:38:53] thank you so much. [2:38:55] And thank you for the opportunity [2:38:57] to present our views position [2:38:59] in the long overdue reform [2:39:01] of the Electric Power Industry Reform Act. [2:39:04] I think this year [2:39:06] is our silver anniversary [2:39:07] to the PIF. [2:39:10] We support the objectives [2:39:12] of this committee. [2:39:14] The measures [2:39:15] that we are tackling now [2:39:17] can be and will be [2:39:18] of significant help [2:39:19] to electric consumers [2:39:21] and electric cooperatives. [2:39:23] In the Electric Co-op, [2:39:25] when we say Electric Co-op, [2:39:26] it is really the people [2:39:27] because we are owner [2:39:29] and members of the Co-op. [2:39:30] That's how we become distinct [2:39:32] from other DUs. [2:39:34] So every time [2:39:34] na may ma-taas na taripa [2:39:36] ng kuryente, [2:39:38] tao po yung tinatamaan. [2:39:40] Kaya una, [2:39:41] ma-review [2:39:43] yung value-added tax [2:39:46] kasi nang tinignan namin [2:39:47] yung Republic Act 10026 [2:39:50] at saka Republic Act 7109, [2:39:53] yung tubig po, [2:39:55] mayroong consideration [2:39:56] when it comes to taxes, [2:39:58] real property, [2:40:00] and I think [2:40:00] yung tubig [2:40:01] at saka yung kuryente [2:40:02] are intertwined [2:40:04] in handling our development. [2:40:07] Kung hindi man lang talaga [2:40:08] totally mawala yung tax [2:40:10] kahit na lang po [2:40:11] residential consumers [2:40:12] ang walang tax [2:40:14] kasi hindi niya ma-recover [2:40:16] yung binabayan niya na tax. [2:40:18] After all, [2:40:18] yung iba na nagninegosyo, [2:40:20] mayroon silang buffer fund [2:40:22] to look into some scheme [2:40:23] para ayusin yung tax. [2:40:26] After all, [2:40:26] you cannot evade tax [2:40:28] when you are doing business. [2:40:29] But residential consumers [2:40:30] are not doing business. [2:40:33] As to systems laws, [2:40:36] you will just follow [2:40:37] ano yung batas, [2:40:38] but in the engineering side, [2:40:41] we cannot go against the physics. [2:40:43] So doon na lang tayo [2:40:44] sa technical losses. [2:40:45] In electric cooperative, [2:40:47] bakit medyo yung cap mataas? [2:40:49] Because merong [2:40:50] situ electrification program, [2:40:53] the longer the line, [2:40:55] the higher the systems laws. [2:40:58] And I think yung CEPCO, [2:40:59] I ordered din po yun [2:41:00] yung government [2:41:01] that the electric cooperative [2:41:02] will electrify [2:41:03] the non-viable areas. [2:41:05] Mahaba yung linya, [2:41:07] pero walang tao [2:41:08] na kumukonsumo [2:41:09] ng marami compared [2:41:10] to highly urbanized cities. [2:41:13] Another thing, [2:41:14] Mr. Chair, [2:41:15] yung mga regulatory penalties [2:41:16] and avoidable system [2:41:18] cost to consumers, [2:41:19] kung pwede, [2:41:20] wala na yun. [2:41:22] Kasi may mga, [2:41:23] ano kasi, [2:41:24] exclusively, [2:41:25] dapat, [2:41:25] kung sino yung [2:41:26] entity responsible, [2:41:29] they will be the one [2:41:30] to pay for that. [2:41:32] Doon naman sa paghuhuli [2:41:33] ng mga magdanakaw, [2:41:34] kung pwede yung 7832, [2:41:36] baguhin po, ma'am. [2:41:37] Kasi doon po, [2:41:38] yung officer of the law [2:41:39] is just a witness. [2:41:41] Tapos kami yung naghuhuli, [2:41:42] hindi naman po kami pulis. [2:41:44] Wala kaming armas. [2:41:45] Pagdating doon, [2:41:47] we will be coordinating [2:41:48] the officer of the law [2:41:49] kasi sinabi sa IRR, [2:41:51] the officer of the law [2:41:52] must be the witness [2:41:53] and the apprehension. [2:41:55] Kaya mahirap pang huli [2:41:56] na kami wala pong armas [2:41:58] at we are not the PMP. [2:42:00] Kaya kailangan ding [2:42:00] ma-review yung [2:42:02] Republic Act 7832. [2:42:04] Another thing po, ma'am, [2:42:06] and sirs, [2:42:07] yung system stores, [2:42:08] kung pwede, [2:42:08] hindi lang po doon [2:42:09] sa distribution. [2:42:11] Kami po sa Visayas, [2:42:12] tinatamaan ng line loss [2:42:14] congestion cost. [2:42:16] Ganito po, [2:42:17] pag may PSA ka, [2:42:19] akala namin [2:42:19] nag-aggregate kami, [2:42:20] nag-PSA kami, [2:42:22] yung contract is [2:42:22] 4 pesos 70 centavos. [2:42:24] Pumapalakpak na kami [2:42:25] kasi mora eh. [2:42:27] But because [2:42:27] what we have contracted [2:42:29] is outside of the Visayas, [2:42:31] even though meron kang [2:42:32] 700 megawatt [2:42:34] dutermal in late eh, [2:42:36] pero hindi kami [2:42:36] nakakonsumo doon. [2:42:38] Eh nung tinamaan kami [2:42:39] ng 5 pesos, [2:42:42] LLCC, [2:42:43] sabi ng consumer, [2:42:44] sabi nyo, [2:42:45] sinko lang, [2:42:45] bakit naging juice? [2:42:47] Hindi namin po ma-explain. [2:42:49] Eh pero in-explain namin [2:42:50] yung sinabi ni chairman [2:42:51] na ganyan, [2:42:52] but sabi naman nila, [2:42:54] hindi namin [2:42:54] kasalanan yun eh. [2:42:56] We are just consumers. [2:42:57] If there is congestion, [2:42:59] kung sumakay ka ba [2:43:00] ng grub, [2:43:02] sinabi nun 700, [2:43:04] pagkatapos na traffic ka [2:43:05] sa IDSA, [2:43:05] sasabihan ka ba [2:43:06] ng grub, [2:43:07] pare, [2:43:07] bayad ka ng additional [2:43:08] 200 kasi [2:43:09] nag-traffic ha, [2:43:10] yun yung [2:43:11] ano ng congestion eh. [2:43:12] Diba po, [2:43:14] biruin mo [2:43:15] 1.5 billion [2:43:16] for [2:43:17] January [2:43:19] to June [2:43:20] yung nabayad [2:43:21] ng LLCC [2:43:22] sa Region 8. [2:43:24] Kaya nga po, [2:43:25] after all, [2:43:26] the president [2:43:26] is from Region 8. [2:43:28] Kaya ginaginagin [2:43:28] na showcase yung [2:43:29] Region 8. [2:43:30] And hopefully, [2:43:31] that can be [2:43:31] reviewed also. [2:43:33] And as to the [2:43:34] restructuring [2:43:35] and operationalizing [2:43:38] the ERC, [2:43:38] we supported that [2:43:39] para yung mga [2:43:40] CAPEX namin [2:43:41] mapadali na. [2:43:42] And kung pwede, [2:43:43] hindi siya centralized [2:43:44] dito kasi kung sa [2:43:45] Mindanao ka, [2:43:45] papunta ka pa dito, [2:43:47] natatagalan po. [2:43:48] Kung pwede, [2:43:48] gaya ng [2:43:49] may Cordoba pills, [2:43:50] parang gano'n, [2:43:51] para mapadali. [2:43:52] So that yung mga [2:43:53] efficiency [2:43:54] na sinasabi sa amin [2:43:55] sa electric co-op, [2:43:56] matutugunan namin. [2:43:57] And another thing, [2:43:58] sir, [2:43:59] yung rebalancing [2:44:00] of market power, [2:44:01] cross ownership, [2:44:02] and we seem [2:44:03] price brutality. [2:44:05] Yung power industry [2:44:05] is one. [2:44:06] May apat na sectors. [2:44:08] Pero dahil one siya, [2:44:10] any ownership [2:44:11] of two sectors [2:44:12] be construed [2:44:13] that that is already [2:44:13] cross ownership. [2:44:15] Kung nag-generation ka [2:44:16] at nag-distribute, [2:44:17] cross ownership [2:44:17] na yung tingin namin doon. [2:44:19] Generation ka, [2:44:20] nag-retail ka rin. [2:44:21] Paano makikumpit [2:44:22] yung de-use, [2:44:24] yung sabing [2:44:24] customer choice. [2:44:27] If yung generation [2:44:27] at saka yung rest, [2:44:28] isa lang may-ari. [2:44:30] Kami, [2:44:30] wala kaming generation, [2:44:31] mag-distribute lang. [2:44:32] Ang mayayari talaga, [2:44:33] may iiwan [2:44:34] yung de-use with that. [2:44:35] Pag na-iwan siya, [2:44:36] yung contract niya [2:44:37] in long term [2:44:38] of 20 years, [2:44:39] who will pay [2:44:40] the stranded cost. [2:44:41] May freedom of choice [2:44:42] yung mga [2:44:43] kayang maka-afford. [2:44:45] Kasi, [2:44:45] di ka na-afford naman eh. [2:44:47] Yung may iiwan [2:44:48] na consumer po. [2:44:49] I-quantify din po [2:44:51] yun dapat [2:44:51] dahil [2:44:52] i-increase din yung rates [2:44:54] ng residential consumers [2:44:56] compared to others. [2:44:58] And another thing, [2:44:59] Mr. Chair, [2:45:00] yung granting emergency [2:45:01] presidential crisis powers [2:45:03] na mention ni [2:45:04] Senator Riza kanina [2:45:06] in terms of force major. [2:45:09] Kung pwede, [2:45:09] meron yun siya. [2:45:10] Kasi kung merong bagyo, [2:45:12] di ba? [2:45:13] Lalo na po yung [2:45:14] ECRF, [2:45:16] usually nakalagay doon [2:45:16] 750 million. [2:45:18] Ngayon 200 million na lang [2:45:20] kasi we there will like it [2:45:21] or sa Philippines, [2:45:22] 16 typhons in a year. [2:45:24] So yung electric co-op [2:45:25] nagbabayanihan kami. [2:45:27] Pero sinusubsidize po namin [2:45:28] yung electric co-op doon [2:45:30] pag pumunta kami. [2:45:31] One EC will [2:45:32] cost us [2:45:33] 1 million [2:45:35] pupunta lang [2:45:36] ng isang trupa. [2:45:37] Cost po yun [2:45:38] in our part. [2:45:39] Example lang, [2:45:39] tinamaan yung Bicol. [2:45:41] Pupunta kami doon [2:45:42] para tulungan. [2:45:43] Magdadala kami ng poste, [2:45:44] transformer, [2:45:45] donation na yun. [2:45:46] Pero that is a cost [2:45:47] in our co-op. [2:45:48] Oo, [2:45:49] in task force, kapatid. [2:45:50] Sa ECRF, [2:45:51] natungo na na yun [2:45:52] na goberno [2:45:52] na meron siyang subsidy. [2:45:54] Pero kulang po yung [2:45:55] 750 kasi [2:45:56] sabi ng typhoon, [2:45:58] it's more fun [2:45:58] in the Philippines. [2:45:59] Bumabalik-balik siya [2:46:00] 16 times. [2:46:02] Yun po yung ano sa amin. [2:46:04] And then, [2:46:04] sana makita to? [2:46:06] And then, [2:46:06] yung sinabi ni [2:46:07] Sen. Teresa Huntiveros [2:46:08] ka na, [2:46:09] yung protection [2:46:09] ng consumers. [2:46:10] Because we believe [2:46:11] in the electric co-op, [2:46:13] kami po yung [2:46:14] consumer. [2:46:15] Ganun po, ma'am. [2:46:16] And, [2:46:17] sir, [2:46:17] in the part of [2:46:18] Nagbek. [2:46:21] Thank you [2:46:21] and good [2:46:22] hainun po. [2:46:23] Thank you, [2:46:24] sir, [2:46:25] for bringing that [2:46:26] to our attention. [2:46:28] Take note, [2:46:30] Department of Energy [2:46:32] and [2:46:32] ERC [2:46:33] and [2:46:34] National Electrification. [2:46:35] Yung nga po yung sinasabi [2:46:37] natin, [2:46:37] yung kanina, [2:46:39] ang dami lang problema [2:46:40] sa Visayas, [2:46:41] yung line rental, [2:46:43] amin na wala, [2:46:44] ipapasa doon sa consumer. [2:46:46] Hindi naman kasalan [2:46:46] ng consumer. [2:46:47] Wala nang pakialam [2:46:47] yung consumer [2:46:48] kung saan binili [2:46:49] ng distributor [2:46:50] yung kanyang power. [2:46:52] Bakit biglang tataas? [2:46:53] Eh, kasi kumuha [2:46:53] kami sa ganitong lugar. [2:46:55] Kasi kumuha. [2:46:56] Dapat na mag-incurna [2:46:57] noon yung distributor, [2:46:58] di ba? [2:46:59] Hindi na yung consumer. [2:47:01] Kasi yung consumer, [2:47:02] yun lang talagang [2:47:02] babayaran niya [2:47:04] yung ginagamit niya. [2:47:05] Wala na siyang pakialam, [2:47:06] di ba? [2:47:07] Para mo sinabi, sir, [2:47:07] na yung grab, [2:47:10] ika nga, [2:47:10] yung sinakiam o taxi, [2:47:13] mas mura itong binilihan niya ngayon. [2:47:14] Dahil wala na dito, [2:47:15] stock itong gasolina dito, [2:47:17] doon siya pumunta sa [2:47:18] Las Piñas, [2:47:19] mas tataas ang singil sa kanya, [2:47:21] which is unfair. [2:47:23] Thank you po. [2:47:23] Thank you, [2:47:25] National Association of [2:47:26] General Managers [2:47:27] of Electric Cooperative. [2:47:28] Next. [2:47:30] Philippine Electric [2:47:31] Plant Owners Association, [2:47:32] you have three minutes, sir. [2:47:34] Yes. [2:47:34] Good afternoon, [2:47:35] Honorable Chair [2:47:36] and members [2:47:38] of the Committee on Energy. [2:47:42] PEPOA represents [2:47:44] the small private [2:47:46] electric utilities. [2:47:48] Now, [2:47:49] we already submitted [2:47:50] our comments [2:47:51] to the pending bill [2:47:54] on IPERA amendments, [2:47:58] and generally, [2:47:59] we support the bills [2:48:01] proposing the strengthening [2:48:03] of the Energy Regulatory Commission. [2:48:08] Let me just highlight [2:48:10] the bill [2:48:11] on the proposal [2:48:14] to impose [2:48:15] cross-ownership [2:48:16] prohibition. [2:48:18] as it is, [2:48:19] the IPERA provides [2:48:21] only cross-ownership [2:48:23] restriction [2:48:24] where a distribution utility [2:48:27] is limited [2:48:28] to procure [2:48:29] only 50% [2:48:30] of its power requirements [2:48:33] from its [2:48:33] affiliate [2:48:34] generation company. [2:48:38] Now, [2:48:38] the issue [2:48:40] is [2:48:41] the high cost [2:48:42] cost of generation. [2:48:45] And the high cost [2:48:47] of generation [2:48:47] is indicative [2:48:48] of the lack [2:48:50] of investments [2:48:51] in the country. [2:48:54] If we [2:48:56] prohibit [2:48:58] cross-ownership [2:49:02] between generation [2:49:03] and distribution, [2:49:05] we would be [2:49:06] disqualifying [2:49:07] a large portion [2:49:08] of potential investments [2:49:10] into generation, [2:49:13] which would further [2:49:14] aggravate [2:49:15] the lack [2:49:16] of supply [2:49:18] in the market. [2:49:20] So, [2:49:20] we would [2:49:21] recommend [2:49:22] just to retain [2:49:24] the [2:49:24] restriction [2:49:27] as prescribed [2:49:28] in the [2:49:30] IPERA. [2:49:31] Now, [2:49:32] we have not yet [2:49:34] submitted [2:49:34] comments [2:49:36] on the proposed [2:49:37] bills [2:49:37] on system [2:49:39] laws, [2:49:39] but I would [2:49:40] just like to make [2:49:41] some preliminary [2:49:42] comments [2:49:43] on system [2:49:44] laws. [2:49:45] We agree [2:49:46] with the observation [2:49:47] of the chair [2:49:48] that there are [2:49:49] two kinds [2:49:50] of system [2:49:53] losses, [2:49:54] technical [2:49:54] and non-technical [2:49:55] system [2:49:56] losses. [2:49:58] We appreciate [2:50:00] that there may [2:50:00] be some recognition [2:50:02] for allowing [2:50:03] technical losses [2:50:04] because this is [2:50:06] inherent [2:50:06] in the business [2:50:08] of distribution [2:50:09] of electricity. [2:50:11] For the [2:50:12] non-technical [2:50:13] losses, [2:50:14] this is the rationale [2:50:16] for setting [2:50:17] a system [2:50:19] loss [2:50:20] cap [2:50:20] on system [2:50:23] losses [2:50:23] in the [2:50:25] Republic [2:50:27] Act 7834. [2:50:29] This was [2:50:29] ultimately set [2:50:30] at 9.5% [2:50:32] and the [2:50:35] ERC [2:50:36] in 2018 [2:50:37] brought down [2:50:38] this system [2:50:39] loss [2:50:39] cap further, [2:50:41] the PIDER [2:50:41] system loss [2:50:42] cap to [2:50:43] 5.5%. [2:50:45] There was [2:50:49] an observation [2:50:50] earlier made [2:50:51] that there [2:50:52] is no more [2:50:53] incentive [2:50:53] for the [2:50:55] utility [2:50:56] to apprehend [2:50:57] this [2:50:58] pilferage [2:50:59] because [2:50:59] for as long [2:51:01] as they are [2:51:02] within this [2:51:03] system loss [2:51:04] cap, [2:51:05] they are able [2:51:05] to recover [2:51:06] all system [2:51:08] loss within [2:51:09] the cap. [2:51:09] Now, [2:51:10] let me just [2:51:11] correct that [2:51:13] observation [2:51:14] because there [2:51:15] is an [2:51:16] incentive [2:51:16] for a [2:51:17] utility [2:51:17] to [2:51:18] apprehend [2:51:20] pilferers [2:51:21] of [2:51:22] electricity [2:51:22] even if [2:51:24] their losses [2:51:27] are within [2:51:27] the cap. [2:51:28] This is [2:51:29] because [2:51:29] system loss [2:51:31] repairs only [2:51:32] to generation [2:51:33] cost [2:51:34] that is [2:51:37] being paid [2:51:38] to the [2:51:39] suppliers. [2:51:40] Aside from [2:51:41] the generation [2:51:42] cost, [2:51:43] distribution [2:51:43] utilities [2:51:44] also lose [2:51:45] out on [2:51:46] distribution [2:51:47] revenues. [2:51:49] So, [2:51:50] there is [2:51:50] that [2:51:50] distribution [2:51:51] revenue [2:51:52] losses. [2:51:54] This is [2:51:55] the revenue [2:51:55] that goes [2:51:56] to the [2:51:57] utility. [2:51:58] In [2:51:58] system loss, [2:51:59] they are [2:51:59] not able [2:52:00] to collect [2:52:00] that [2:52:01] distribution [2:52:02] charge [2:52:02] because [2:52:03] it is [2:52:04] lost [2:52:06] in the [2:52:07] system. [2:52:08] That is [2:52:08] why [2:52:08] there is [2:52:09] that [2:52:09] incentive [2:52:10] for a [2:52:11] utility [2:52:11] to [2:52:12] apprehend [2:52:13] to the [2:52:13] extent [2:52:14] possible [2:52:14] all [2:52:15] filters [2:52:15] of [2:52:16] electricity [2:52:17] so that [2:52:18] that [2:52:19] system [2:52:19] loss, [2:52:22] the [2:52:23] equivalent [2:52:24] consumption [2:52:25] of that [2:52:25] system [2:52:26] loss [2:52:26] can also [2:52:27] be [2:52:28] converted [2:52:28] into [2:52:29] a [2:52:29] distribution [2:52:30] sales [2:52:32] so they [2:52:34] would [2:52:34] derive [2:52:34] revenue [2:52:35] from it. [2:52:36] In the [2:52:37] same token, [2:52:38] for technical [2:52:38] losses, [2:52:40] there is [2:52:41] still that [2:52:42] incentive [2:52:43] for utilities [2:52:44] to bring [2:52:46] down [2:52:47] further [2:52:47] their [2:52:47] actual [2:52:48] system [2:52:48] loss [2:52:49] because [2:52:50] if they [2:52:51] just [2:52:52] maintain [2:52:53] their [2:52:53] system [2:52:54] loss [2:52:54] within [2:52:54] the [2:52:55] cap, [2:52:56] they [2:52:57] also [2:52:57] lose [2:52:57] distribution [2:52:58] revenues [2:52:59] that could [2:53:02] be a [2:53:03] potential [2:53:04] revenue [2:53:04] for them [2:53:05] if they [2:53:06] lower [2:53:06] further [2:53:06] their [2:53:07] system [2:53:07] loss. [2:53:08] So that's [2:53:09] why they [2:53:09] invest [2:53:10] in [2:53:11] capital [2:53:11] expenditure [2:53:12] projects [2:53:13] in order [2:53:13] that their [2:53:14] distribution [2:53:15] system [2:53:16] would become [2:53:17] more [2:53:18] efficient [2:53:18] to reduce [2:53:20] system [2:53:21] loss [2:53:21] and that [2:53:22] will result [2:53:22] into a [2:53:23] reduction [2:53:24] of system [2:53:25] loss [2:53:25] which will [2:53:26] be converted [2:53:27] into [2:53:28] distribution [2:53:29] revenues. [2:53:32] So with [2:53:33] that in [2:53:34] mind, [2:53:34] the subject [2:53:36] of system [2:53:36] loss is [2:53:37] very [2:53:37] technical [2:53:38] and there [2:53:39] are many [2:53:40] matters [2:53:41] to be [2:53:41] considered [2:53:42] in addressing [2:53:44] the problem [2:53:45] of system [2:53:46] loss. [2:53:47] So we [2:53:48] would [2:53:48] recommend [2:53:49] from [2:53:49] PEPOA [2:53:50] that [2:53:50] we allow [2:53:53] the [2:53:53] regulator [2:53:55] the [2:53:57] opportunity [2:53:57] to address [2:53:58] how best [2:54:00] to [2:54:01] solve [2:54:03] this [2:54:03] problem [2:54:04] of system [2:54:04] loss [2:54:05] because [2:54:06] under [2:54:07] the [2:54:07] IPRA [2:54:07] they have [2:54:08] been [2:54:08] empowered [2:54:08] to issue [2:54:10] rules [2:54:10] and [2:54:10] regulation [2:54:11] to [2:54:12] address [2:54:13] these [2:54:13] pass-through [2:54:14] charges [2:54:15] among [2:54:15] other [2:54:15] things. [2:54:16] Thank you. [2:54:17] Thank you. [2:54:18] Attorney [2:54:19] Ronul [2:54:19] for [2:54:19] Ocampo. [2:54:20] Go ahead, [2:54:20] Paul. [2:54:20] Just a [2:54:21] quick [2:54:22] rejoinder [2:54:23] lang [2:54:23] kay [2:54:23] Attorney [2:54:24] Ocampo. [2:54:27] I have [2:54:28] a different [2:54:28] view, [2:54:29] Attorney [2:54:29] Ocampo, [2:54:30] on the [2:54:31] matter [2:54:31] of [2:54:31] cross [2:54:33] ownership. [2:54:34] We [2:54:34] have, [2:54:34] with all due [2:54:35] respect, [2:54:36] I have a [2:54:36] different [2:54:37] view. [2:54:37] It might [2:54:40] discourage [2:54:41] investments [2:54:42] in [2:54:42] generating [2:54:43] companies. [2:54:45] But [2:54:45] actually, [2:54:45] the reason [2:54:46] why I [2:54:46] filed [2:54:46] this [2:54:47] bill [2:54:47] is [2:54:47] because [2:54:48] precisely, [2:54:49] it's [2:54:49] discouraging [2:54:50] investments [2:54:51] in [2:54:52] generation, [2:54:54] in the [2:54:54] generation [2:54:55] sector. [2:54:56] Madalas [2:54:56] ko [2:54:56] naririnig, [2:54:58] lalo [2:54:58] na, [2:55:00] Meralco [2:55:00] is the [2:55:00] biggest [2:55:01] utility [2:55:02] in the [2:55:02] country. [2:55:03] Sinasabi [2:55:03] ng [2:55:03] mga [2:55:04] gen [2:55:04] ko, [2:55:04] eh, [2:55:05] kung [2:55:05] hindi [2:55:05] na, [2:55:06] wala [2:55:06] kang [2:55:06] kakilala [2:55:07] sa [2:55:07] Meralco, [2:55:08] kung [2:55:08] hindi [2:55:08] nila [2:55:09] invest, [2:55:09] hindi [2:55:09] ka [2:55:09] investor [2:55:10] ng [2:55:10] Meralco, [2:55:11] mahirap [2:55:12] pang [2:55:12] kamanalo [2:55:12] ng [2:55:13] kontrata [2:55:13] sa [2:55:13] kanila. [2:55:14] So, [2:55:16] and [2:55:17] this [2:55:17] type [2:55:18] of [2:55:18] comments, [2:55:19] naririnig [2:55:19] ko [2:55:19] ito [2:55:20] throughout. [2:55:21] That's [2:55:21] why [2:55:21] nga, [2:55:22] there [2:55:22] are [2:55:22] cases [2:55:23] wherein [2:55:23] Meralco [2:55:24] invested [2:55:24] in [2:55:24] that [2:55:25] generating [2:55:25] company. [2:55:26] Marami [2:55:27] tayong [2:55:27] cases [2:55:27] na [2:55:28] ganyan. [2:55:29] So, [2:55:30] the [2:55:30] point [2:55:30] why I [2:55:31] filed [2:55:32] to [2:55:32] decouple [2:55:34] or [2:55:34] to [2:55:35] prevent [2:55:35] yung [2:55:35] cross [2:55:36] ownership [2:55:36] between [2:55:37] utilities [2:55:37] and [2:55:38] Genco's [2:55:38] is [2:55:39] really [2:55:39] to [2:55:39] encourage [2:55:39] true [2:55:40] competition. [2:55:41] Meaning, [2:55:42] the [2:55:44] distribution [2:55:45] does not [2:55:46] have any [2:55:47] stake [2:55:47] in the [2:55:48] generation [2:55:48] and [2:55:49] therefore, [2:55:49] the [2:55:49] generation [2:55:50] company [2:55:50] will [2:55:51] have [2:55:51] to [2:55:52] compete [2:55:52] on [2:55:54] the [2:55:54] basis [2:55:54] of [2:55:54] price [2:55:55] and [2:55:55] service. [2:55:56] Kasi [2:55:56] wala [2:55:56] siyang [2:55:56] equity [2:55:57] stake [2:55:58] in [2:55:58] the [2:55:58] distribution [2:55:59] company. [2:56:00] So, [2:56:01] that's [2:56:01] the [2:56:01] point [2:56:01] kaya [2:56:02] ko [2:56:02] finel [2:56:02] to [2:56:03] because [2:56:03] to [2:56:04] encourage [2:56:04] more [2:56:05] competition [2:56:05] to [2:56:06] also [2:56:06] avoid [2:56:07] temptation [2:56:07] kasi [2:56:08] kung [2:56:08] ikaw [2:56:09] ang [2:56:09] temptation [2:56:11] in [2:56:11] both [2:56:11] ways. [2:56:12] Kung [2:56:12] ikaw [2:56:12] si [2:56:12] distribution [2:56:13] ikaw [2:56:14] rin [2:56:14] may [2:56:14] ari [2:56:14] ng [2:56:15] generation [2:56:15] may [2:56:16] temptation [2:56:16] na [2:56:17] ayusin [2:56:17] mo [2:56:17] yung [2:56:17] TOR [2:56:18] in [2:56:18] terms [2:56:18] of [2:56:19] reference [2:56:19] na [2:56:19] sinabi [2:56:20] ni [2:56:20] chairman [2:56:20] actually [2:56:20] in [2:56:21] the [2:56:21] first [2:56:21] hearing [2:56:21] na [2:56:22] sometimes [2:56:23] naglalagay [2:56:23] ng [2:56:24] mga [2:56:24] utilities [2:56:25] to [2:56:26] alam [2:56:26] maglalagay [2:56:27] ng [2:56:27] konting [2:56:28] chairman [2:56:29] maglalagay [2:56:29] ng [2:56:30] contact [2:56:30] technicalities [2:56:31] doon [2:56:31] dapat [2:56:31] implanta [2:56:32] mo [2:56:32] mas [2:56:33] bago [2:56:33] ng [2:56:34] ganito [2:56:34] dapat [2:56:35] yung [2:56:35] fuel [2:56:36] mo [2:56:36] galing [2:56:37] sa [2:56:37] ganito [2:56:37] e [2:56:38] kaagad [2:56:39] yung [2:56:40] terms [2:56:40] of [2:56:40] reference [2:56:41] will [2:56:41] now [2:56:41] be [2:56:42] customized [2:56:43] to [2:56:43] a [2:56:43] certain [2:56:44] generating [2:56:45] company [2:56:45] na [2:56:45] meron [2:56:46] rin [2:56:46] siyang [2:56:46] equity [2:56:46] stake [2:56:47] doon [2:56:47] so [2:56:48] to [2:56:48] remove [2:56:49] that [2:56:50] temptation [2:56:50] in [2:56:52] my [2:56:52] view [2:56:52] mas [2:56:53] magandang [2:56:54] walang [2:56:55] cross [2:56:55] ownership [2:56:56] between [2:56:56] generation [2:56:57] and [2:56:57] the [2:56:58] distribution [2:56:58] so [2:56:59] that [2:56:59] is [2:56:59] my [2:57:00] take [2:57:00] kaya [2:57:00] final [2:57:01] natin [2:57:02] to [2:57:02] also [2:57:02] throughout [2:57:02] the [2:57:03] discussions [2:57:03] with [2:57:04] several [2:57:06] generation [2:57:07] companies [2:57:07] and [2:57:08] potential [2:57:08] investors [2:57:09] quick [2:57:13] answer [2:57:14] attorney [2:57:15] Ocampo [2:57:15] just [2:57:16] quick [2:57:16] comment [2:57:16] yes [2:57:17] what [2:57:18] senate [2:57:19] president [2:57:20] win [2:57:21] is [2:57:21] referring [2:57:22] to [2:57:22] is [2:57:23] the [2:57:23] sweetheart [2:57:24] deals [2:57:25] between [2:57:25] affiliate [2:57:26] companies [2:57:27] sweetheart [2:57:28] deals [2:57:29] probably [2:57:30] entails [2:57:31] yung [2:57:31] yung [2:57:32] price [2:57:32] of [2:57:33] generation [2:57:33] is [2:57:34] above [2:57:34] market [2:57:34] kasi [2:57:35] nga [2:57:35] it's [2:57:36] a [2:57:36] sweetheart [2:57:36] deal [2:57:37] now [2:57:37] the [2:57:38] long [2:57:39] term [2:57:39] the [2:57:39] solution [2:57:40] of [2:57:40] EFERA [2:57:40] here [2:57:41] is [2:57:41] medyo [2:57:43] long [2:57:43] term [2:57:43] kasi [2:57:43] yung [2:57:44] solution [2:57:44] it's [2:57:45] retail [2:57:45] competition [2:57:46] and [2:57:47] open [2:57:47] access [2:57:48] kasi [2:57:48] kasi [2:57:49] kung [2:57:49] above [2:57:49] market [2:57:50] yung [2:57:50] generation [2:57:50] cost [2:57:51] ng [2:57:51] utility [2:57:52] because [2:57:53] of [2:57:54] that [2:57:54] may [2:57:55] sweetheart [2:57:55] deal [2:57:56] with [2:57:56] an [2:57:56] affiliate [2:57:57] contract [2:57:57] the [2:57:58] consumer [2:57:59] can [2:58:00] switch [2:58:01] to [2:58:01] another [2:58:01] supplier [2:58:02] na [2:58:03] yung [2:58:04] negotiated [2:58:05] supply [2:58:06] contract [2:58:06] na [2:58:07] yung [2:58:07] would [2:58:09] be [2:58:09] market [2:58:10] based [2:58:11] yung [2:58:12] price [2:58:12] yung [2:58:14] utility [2:58:17] naman [2:58:18] there is [2:58:18] that risk [2:58:19] of [2:58:19] incurring [2:58:20] kasi [2:58:21] nga [2:58:21] because [2:58:21] of [2:58:21] retail [2:58:21] competition [2:58:22] they [2:58:23] have [2:58:23] the [2:58:23] risk [2:58:23] of [2:58:24] incurring [2:58:24] stranded [2:58:25] contract [2:58:26] costs [2:58:26] under [2:58:27] the [2:58:28] EFERA [2:58:28] what is [2:58:29] recoverable [2:58:30] as [2:58:30] stranded [2:58:30] contract [2:58:31] costs [2:58:31] are [2:58:31] only [2:58:32] contracts [2:58:32] that [2:58:33] were [2:58:33] entered [2:58:33] to [2:58:34] prior [2:58:35] to [2:58:35] EFERA [2:58:36] so [2:58:37] any [2:58:38] contracts [2:58:38] that [2:58:39] were [2:58:39] entered [2:58:39] to [2:58:40] during [2:58:41] EFERA [2:58:41] and [2:58:43] were [2:58:43] stranded [2:58:43] are [2:58:44] not [2:58:44] recoverable [2:58:45] from [2:58:45] the [2:58:45] consumers [2:58:46] so [2:58:47] yung [2:58:47] lang [2:58:47] yung [2:58:47] quick [2:58:49] answer [2:58:49] all [2:58:49] right [2:58:49] well [2:58:50] let me [2:58:50] just [2:58:50] add to [2:58:51] that [2:58:51] attorney [2:58:54] Ocampo [2:58:54] and [2:58:55] SP [2:58:56] Wayne [2:58:57] Kachalian [2:58:57] meron [2:58:58] nagreklamo [2:58:59] sa akin [2:58:59] generator [2:59:00] sumali [2:59:02] po siya [2:59:02] sa bidding [2:59:02] tatlo [2:59:04] po yata [2:59:04] sila [2:59:04] apat [2:59:05] bidding [2:59:07] for [2:59:08] power [2:59:09] dun po [2:59:10] sa [2:59:10] utility [2:59:11] distributor [2:59:12] distributor [2:59:12] ang [2:59:13] problem [2:59:14] nanalo [2:59:15] pinakamahal [2:59:16] pinakamura [2:59:17] at [2:59:18] natalo [2:59:19] suspetsya [2:59:20] nila [2:59:20] mukhang [2:59:22] pag-aari [2:59:23] po ng [2:59:24] distributor [2:59:24] yung [2:59:25] generator [2:59:26] so [2:59:28] that's [2:59:28] the bad [2:59:29] thing [2:59:29] about [2:59:29] it [2:59:30] kailangan [2:59:32] talaga [2:59:32] siguro [2:59:33] magkaiba [2:59:34] yun [2:59:34] but [2:59:35] anyway [2:59:35] moving [2:59:35] on [2:59:36] please [2:59:36] limit [2:59:37] your [2:59:38] philippine [2:59:41] independent [2:59:41] power [2:59:42] producer [2:59:42] association [2:59:43] sir [2:59:43] good [2:59:45] afternoon [2:59:45] mr. [2:59:46] chair [2:59:46] members [2:59:46] of the [2:59:47] senate [2:59:47] committee [2:59:48] on [2:59:48] energy [2:59:48] as well [2:59:49] as to [2:59:49] the rest [2:59:50] of [2:59:50] participants [2:59:51] of [2:59:51] today's [2:59:51] hearing [2:59:52] this is [2:59:53] just to [2:59:54] provide [2:59:54] mr. [2:59:54] chair [2:59:55] pipa's [2:59:55] general [2:59:56] comment [2:59:56] but we [2:59:57] will [2:59:57] submit [2:59:57] a formal [2:59:58] position [2:59:58] on [2:59:59] specific [2:59:59] provisions [3:00:00] of the [3:00:00] proposed [3:00:01] bills [3:00:01] pipa [3:00:02] supports [3:00:03] a careful [3:00:03] review [3:00:04] of the [3:00:04] epira [3:00:04] especially [3:00:05] as it [3:00:06] has been [3:00:06] more than [3:00:06] two [3:00:07] decades [3:00:07] since [3:00:08] its [3:00:08] implementation [3:00:09] with [3:00:10] respect [3:00:10] to [3:00:10] bills [3:00:11] with [3:00:11] provisions [3:00:12] on [3:00:12] lifeline [3:00:13] rates [3:00:13] pipa [3:00:14] supports [3:00:15] reforms [3:00:15] that [3:00:15] assist [3:00:16] vulnerable [3:00:17] customers [3:00:17] yet [3:00:18] respectfully [3:00:19] submits [3:00:19] that [3:00:20] social [3:00:20] protection [3:00:21] should [3:00:21] be [3:00:21] funded [3:00:22] transparently [3:00:23] and [3:00:23] sustainably [3:00:24] any [3:00:25] subsidy [3:00:26] granted [3:00:26] must also [3:00:27] be [3:00:27] accompanied [3:00:28] by [3:00:28] reliable [3:00:29] beneficiary [3:00:29] validation [3:00:30] clear [3:00:32] eligibility [3:00:32] rules [3:00:33] adequately [3:00:34] funded [3:00:34] annual [3:00:35] appropriation [3:00:36] and a [3:00:36] prompt [3:00:36] reimbursement [3:00:38] and reconciliation [3:00:39] mechanism [3:00:40] as for [3:00:41] amendments [3:00:41] on [3:00:42] erc [3:00:42] strengthening [3:00:43] pipa [3:00:44] supports [3:00:44] measures [3:00:45] that [3:00:45] strengthen [3:00:46] the [3:00:46] erc's [3:00:47] institutional [3:00:47] independence [3:00:48] technical [3:00:49] capability [3:00:50] accountability [3:00:51] and [3:00:51] capacity [3:00:52] to resolve [3:00:53] cases [3:00:53] within [3:00:53] predictable [3:00:54] timelines [3:00:55] specific [3:00:56] amendments [3:00:56] should [3:00:56] nevertheless [3:00:57] preserve [3:00:58] due [3:00:58] process [3:00:58] regulatory [3:00:59] consistency [3:01:00] and [3:01:00] proportionality [3:01:01] of [3:01:01] penalties [3:01:02] because [3:01:03] epira [3:01:03] governs [3:01:04] an [3:01:04] interconnected [3:01:05] electricity [3:01:05] market [3:01:06] we [3:01:07] emphasize [3:01:07] that [3:01:08] major [3:01:08] amendments [3:01:08] should [3:01:09] be [3:01:09] assessed [3:01:09] and [3:01:10] supported [3:01:10] by [3:01:10] regulatory [3:01:11] competition [3:01:12] fiscal [3:01:13] and [3:01:13] system [3:01:14] impact [3:01:15] studies [3:01:15] while [3:01:16] pipa [3:01:17] supports [3:01:17] amendments [3:01:17] which [3:01:18] strengthen [3:01:18] the [3:01:19] erc [3:01:19] prevent [3:01:20] anti-competitive [3:01:21] conduct [3:01:21] and [3:01:22] improve [3:01:22] reliability [3:01:24] we [3:01:25] nonetheless [3:01:26] submit [3:01:26] that [3:01:27] any [3:01:27] measure [3:01:27] imposed [3:01:28] should [3:01:28] be [3:01:28] carefully [3:01:29] calibrated [3:01:30] so [3:01:30] that [3:01:30] they [3:01:30] do [3:01:31] not [3:01:31] unintentionally [3:01:32] impair [3:01:32] existing [3:01:33] contracts [3:01:34] create [3:01:35] duplicative [3:01:36] regulation [3:01:36] provide [3:01:37] for [3:01:37] retroactive [3:01:38] changes [3:01:38] to [3:01:39] approve [3:01:39] cost [3:01:40] recovery [3:01:40] mechanisms [3:01:41] or [3:01:42] discourage [3:01:42] the [3:01:42] generation [3:01:43] and [3:01:43] infrastructure [3:01:44] investments [3:01:45] needed [3:01:45] by the [3:01:46] country [3:01:46] that [3:01:47] said [3:01:47] PIPA [3:01:48] remains [3:01:48] committed [3:01:49] to [3:01:49] engagement [3:01:49] and in [3:01:51] providing [3:01:51] the [3:01:52] committee [3:01:52] with [3:01:52] operational [3:01:53] and [3:01:53] technical [3:01:54] information [3:01:54] necessary [3:01:55] to [3:01:55] develop [3:01:56] effective [3:01:57] and [3:01:57] implementable [3:01:58] legislation [3:01:59] Thank you [3:02:00] Mr. Chair [3:02:00] Thank you [3:02:01] Attorney [3:02:01] Margaret [3:02:02] The [3:02:04] developers [3:02:05] of renewable [3:02:05] energy [3:02:06] for [3:02:06] advancement [3:02:07] retail [3:02:13] electric [3:02:13] suppliers [3:02:14] of the [3:02:14] Philippines [3:02:15] We have [3:02:16] three minutes [3:02:17] sir [3:02:17] Yes sir [3:02:18] Good afternoon [3:02:18] Mr. Chair [3:02:19] Senate [3:02:19] President [3:02:20] and [3:02:21] Senator [3:02:22] On behalf [3:02:23] of [3:02:23] Teresa [3:02:24] we [3:02:25] would like [3:02:26] to manifest [3:02:26] we support [3:02:27] the [3:02:28] policy [3:02:29] direction [3:02:30] to amend [3:02:30] portions [3:02:31] of the [3:02:31] IPRA [3:02:32] and [3:02:32] we [3:02:33] would [3:02:33] like [3:02:33] to [3:02:33] further [3:02:34] align [3:02:34] with [3:02:34] how [3:02:35] the [3:02:35] ERC [3:02:36] would [3:02:36] like [3:02:36] to [3:02:37] undertake [3:02:37] the [3:02:38] reforms [3:02:38] needed [3:02:39] as we [3:02:40] view [3:02:40] the [3:02:40] ERC [3:02:41] as the [3:02:41] competent [3:02:42] entity [3:02:42] to [3:02:43] determine [3:02:44] how [3:02:44] they [3:02:44] would [3:02:45] like [3:02:45] to [3:02:45] improve [3:02:45] on [3:02:46] their [3:02:47] service [3:02:47] So [3:02:48] outside [3:02:49] of that [3:02:50] we [3:02:50] will [3:02:50] provide [3:02:50] a [3:02:50] detailed [3:02:51] position [3:02:52] paper [3:02:52] for [3:02:53] consideration [3:02:53] of [3:02:53] the [3:02:54] committee [3:02:54] and [3:02:55] just [3:02:58] one [3:02:59] thought [3:02:59] on [3:03:00] the [3:03:00] implementation [3:03:01] of [3:03:02] retail [3:03:02] competition [3:03:02] so we [3:03:03] are now [3:03:04] reaching [3:03:04] the [3:03:04] household [3:03:04] level [3:03:05] to a [3:03:05] certain [3:03:05] degree [3:03:06] through [3:03:06] aggregation [3:03:07] and [3:03:08] we [3:03:09] take [3:03:09] the [3:03:09] opportunity [3:03:10] to [3:03:10] state [3:03:11] in [3:03:11] the [3:03:11] open [3:03:11] that [3:03:12] we [3:03:12] started [3:03:12] only [3:03:13] in [3:03:13] 2013 [3:03:13] and [3:03:14] it's [3:03:15] only [3:03:15] now [3:03:15] that [3:03:16] the [3:03:18] fruits [3:03:18] of [3:03:19] reaching [3:03:20] or [3:03:21] giving [3:03:21] the [3:03:21] opportunity [3:03:22] for [3:03:23] end [3:03:23] users [3:03:24] to [3:03:24] directly [3:03:24] negotiate [3:03:26] their [3:03:27] requirements [3:03:27] that [3:03:28] it's [3:03:29] happening [3:03:29] but [3:03:29] and we [3:03:30] appreciate [3:03:30] that the [3:03:31] DOE [3:03:31] and DRC [3:03:32] support us [3:03:33] in our [3:03:33] initiatives [3:03:33] to [3:03:34] clarify [3:03:35] tax [3:03:36] applications [3:03:36] on the [3:03:37] retail [3:03:37] sector [3:03:38] transactions [3:03:39] and further [3:03:40] improve [3:03:41] on the [3:03:41] process [3:03:41] so [3:03:42] thank you [3:03:43] Mr. [3:03:43] Chair [3:03:44] thank you [3:03:45] very much [3:03:46] sir [3:03:47] moving on [3:03:48] National [3:03:49] Geothermal [3:03:50] Association [3:03:50] of the [3:03:51] Philippines [3:03:51] I'm [3:03:54] sorry [3:03:54] Phil [3:03:55] Hydro [3:03:56] Association [3:03:56] good afternoon [3:04:00] Mr. [3:04:01] Chair [3:04:01] and to [3:04:01] the [3:04:02] esteemed [3:04:02] senators [3:04:03] in this [3:04:03] committee [3:04:04] Phil [3:04:05] Hydro [3:04:05] is an [3:04:06] organization [3:04:07] of [3:04:07] hydropower [3:04:08] developers [3:04:08] manufacturers [3:04:09] and [3:04:09] service [3:04:10] providers [3:04:10] in the [3:04:11] hydropower [3:04:12] industry [3:04:12] which [3:04:13] primarily [3:04:13] is [3:04:14] involved [3:04:14] in [3:04:15] the [3:04:15] generation [3:04:16] sector [3:04:16] on [3:04:17] Senate [3:04:18] bills [3:04:18] number [3:04:19] 63 [3:04:19] 346 [3:04:20] 367 [3:04:21] 1091 [3:04:22] 1164 [3:04:23] 1477 [3:04:24] 1950 [3:04:26] 2109 [3:04:27] and [3:04:28] House [3:04:28] Bill [3:04:28] 2112 [3:04:29] these [3:04:30] are [3:04:30] proposed [3:04:31] amendments [3:04:31] to [3:04:32] RA [3:04:33] 9136 [3:04:34] which is [3:04:35] the [3:04:35] IPRA [3:04:35] Phil [3:04:37] Hydro [3:04:37] recognizes [3:04:38] the urgent [3:04:39] need [3:04:39] to accelerate [3:04:40] RE [3:04:40] development [3:04:41] we [3:04:42] leave [3:04:42] the [3:04:42] wisdom [3:04:42] to [3:04:42] the [3:04:43] authors [3:04:43] of [3:04:43] the [3:04:43] said [3:04:43] bills [3:04:44] on [3:04:44] the [3:04:44] direction [3:04:45] we [3:04:46] also [3:04:46] hail [3:04:47] these [3:04:47] bills [3:04:47] especially [3:04:48] on [3:04:48] its [3:04:48] aim [3:04:48] to [3:04:49] further [3:04:49] strengthen [3:04:49] the [3:04:50] ERC [3:04:51] on [3:04:52] Senate [3:04:53] Bill [3:04:53] 1088 [3:04:54] which is [3:04:54] an [3:04:55] act [3:04:55] removing [3:04:55] the [3:04:56] public [3:04:56] offering [3:04:56] requirement [3:04:57] of [3:04:58] generation [3:04:58] companies [3:04:59] which is [3:05:00] authored [3:05:00] by [3:05:00] our [3:05:00] esteemed [3:05:01] Senator [3:05:01] Wynne [3:05:01] Gatchelian [3:05:02] we [3:05:03] hail [3:05:03] this [3:05:04] bill [3:05:04] and [3:05:05] push [3:05:05] for [3:05:05] its [3:05:05] enactment [3:05:06] Phil [3:05:07] Hydro [3:05:07] believes [3:05:07] the [3:05:08] IPO [3:05:08] requirement [3:05:09] no [3:05:09] longer [3:05:09] serves [3:05:09] its [3:05:10] purpose [3:05:11] especially [3:05:12] as [3:05:12] hydro [3:05:13] developers [3:05:13] whose [3:05:14] average [3:05:15] capacity [3:05:15] are [3:05:15] within [3:05:15] the [3:05:16] 5-10 [3:05:16] megawatt [3:05:17] range [3:05:17] only [3:05:17] about [3:05:18] 90-95% [3:05:20] of [3:05:20] hydro [3:05:20] plants [3:05:21] also [3:05:21] are [3:05:21] below [3:05:22] 50 [3:05:22] megawatt [3:05:22] in [3:05:23] capacity [3:05:23] the [3:05:24] ERC [3:05:25] is [3:05:25] also [3:05:25] there [3:05:26] to [3:05:26] review [3:05:26] and [3:05:26] regulate [3:05:27] our [3:05:27] contracts [3:05:27] if [3:05:27] ever [3:05:28] we [3:05:28] wanted [3:05:29] to [3:05:29] enter [3:05:29] into [3:05:29] power [3:05:30] supply [3:05:30] agreements [3:05:31] with [3:05:31] DUs [3:05:31] and [3:05:33] lastly [3:05:34] though [3:05:34] this [3:05:34] is [3:05:34] not [3:05:35] part [3:05:35] of [3:05:35] the [3:05:35] agenda [3:05:35] I [3:05:36] would [3:05:36] like [3:05:36] to [3:05:36] commend [3:05:36] the [3:05:37] national [3:05:37] government [3:05:37] through [3:05:38] the [3:05:38] DOE [3:05:39] for [3:05:39] including [3:05:40] run-of-river [3:05:40] hydro [3:05:41] in the [3:05:41] next round [3:05:42] of the [3:05:42] green [3:05:42] energy [3:05:43] auction [3:05:43] which [3:05:43] is [3:05:44] J7 [3:05:44] as [3:05:46] this [3:05:46] gives [3:05:46] us [3:05:46] the [3:05:47] opportunity [3:05:47] to [3:05:47] develop [3:05:48] more [3:05:48] hydro [3:05:48] projects [3:05:49] to [3:05:49] add [3:05:49] more [3:05:49] power [3:05:49] and [3:05:50] stability [3:05:50] to [3:05:50] our [3:05:50] grid [3:05:51] using [3:05:51] indigenous [3:05:51] sources [3:05:52] so [3:05:54] if [3:05:54] there [3:05:54] is [3:05:54] a [3:05:54] bill [3:05:54] to [3:05:55] strengthen [3:05:55] the [3:05:55] green [3:05:56] energy [3:05:56] auction [3:05:56] then [3:05:56] we [3:06:05] energy [3:06:06] developers [3:06:06] association [3:06:07] are you [3:06:07] here [3:06:07] you have [3:06:09] three [3:06:09] minutes [3:06:09] sir [3:06:10] morning [3:06:10] mr. [3:06:10] chair [3:06:10] good [3:06:12] morning [3:06:13] senator [3:06:13] win [3:06:14] and [3:06:14] senator [3:06:14] the [3:06:16] wind [3:06:17] energy [3:06:17] developer [3:06:17] association [3:06:18] is [3:06:18] composed [3:06:19] entirely [3:06:19] of [3:06:20] wind [3:06:21] developers [3:06:21] and [3:06:22] we [3:06:22] are [3:06:22] focused [3:06:22] on [3:06:23] the [3:06:23] generation [3:06:23] and [3:06:24] promotion [3:06:25] of [3:06:25] the [3:06:26] wind [3:06:27] industry [3:06:27] now [3:06:28] we've [3:06:29] submitted [3:06:29] our [3:06:29] position [3:06:29] paper [3:06:30] and [3:06:30] in [3:06:30] the [3:06:30] interest [3:06:31] of [3:06:31] time [3:06:31] we [3:06:32] are [3:06:32] I'd [3:06:33] just [3:06:33] like [3:06:33] to [3:06:33] focus [3:06:34] on [3:06:34] two [3:06:34] things [3:06:34] we [3:06:35] support [3:06:35] the [3:06:36] bills [3:06:37] which [3:06:37] strengthen [3:06:38] the [3:06:38] ERC [3:06:39] in [3:06:40] its [3:06:40] role [3:06:40] as [3:06:40] regulator [3:06:41] considering [3:06:41] the [3:06:42] breadth [3:06:42] of [3:06:43] its [3:06:43] of [3:06:44] the [3:06:44] industry [3:06:46] that [3:06:46] it [3:06:46] regulates [3:06:47] starting [3:06:47] from [3:06:48] the [3:06:48] distribution [3:06:49] utilities [3:06:49] generation [3:06:50] and [3:06:50] down [3:06:50] to [3:06:51] consumers [3:06:52] on a [3:06:53] very [3:06:53] granular [3:06:53] level [3:06:54] so [3:06:54] the [3:06:54] enforcement [3:06:55] capability [3:06:56] of the [3:06:57] commission [3:06:58] should [3:06:58] be [3:06:58] strengthened [3:06:59] in [3:06:59] this [3:07:00] instance [3:07:01] the [3:07:01] salaries [3:07:02] exemption [3:07:03] from [3:07:03] the [3:07:03] salary [3:07:04] standardization [3:07:05] would be [3:07:05] a [3:07:05] very [3:07:05] important [3:07:07] step [3:07:07] towards [3:07:07] making [3:07:08] the [3:07:08] ERC [3:07:09] competitive [3:07:10] in terms [3:07:11] of [3:07:11] retaining [3:07:12] talent [3:07:12] and [3:07:12] training [3:07:13] talent [3:07:13] over [3:07:14] the [3:07:15] long [3:07:15] run [3:07:15] that [3:07:16] it [3:07:16] can [3:07:16] rely [3:07:17] on [3:07:17] in [3:07:17] order [3:07:17] to [3:07:18] perform [3:07:19] its [3:07:20] mandate [3:07:20] properly [3:07:21] of [3:07:22] the [3:07:22] other [3:07:23] point [3:07:24] already [3:07:24] mentioned [3:07:25] by [3:07:25] my [3:07:25] colleague [3:07:26] from [3:07:26] Phil [3:07:26] Hydro [3:07:26] is [3:07:27] that [3:07:27] we [3:07:27] support [3:07:28] the [3:07:28] public [3:07:28] offering [3:07:29] the [3:07:29] removal [3:07:29] of [3:07:30] the [3:07:30] public [3:07:30] offering [3:07:30] requirement [3:07:31] to [3:07:32] be [3:07:33] candid [3:07:34] in [3:07:34] addition [3:07:35] to [3:07:35] the [3:07:35] comments [3:07:36] made [3:07:36] or [3:07:37] to [3:07:37] the [3:07:37] rationale [3:07:37] provided [3:07:38] by [3:07:38] SPWIN [3:07:39] the [3:07:41] public [3:07:41] offering [3:07:42] requirement [3:07:42] may [3:07:43] actually [3:07:43] be a [3:07:44] bit [3:07:44] anti [3:07:45] competitive [3:07:46] in terms [3:07:46] of the [3:07:47] smaller [3:07:47] developers [3:07:48] because [3:07:48] the [3:07:49] smaller [3:07:49] developers [3:07:49] would not [3:07:50] have [3:07:50] more [3:07:50] than [3:07:50] one [3:07:51] two [3:07:51] or [3:07:51] three [3:07:51] projects [3:07:53] and [3:07:53] the [3:07:55] stock [3:07:55] exchange [3:07:56] looks [3:07:56] for [3:07:56] a pipeline [3:07:58] of [3:07:58] projects [3:07:59] and [3:07:59] continued [3:08:00] growth [3:08:02] so [3:08:03] they [3:08:03] may [3:08:03] not [3:08:03] be [3:08:03] fit [3:08:04] for [3:08:04] the [3:08:04] stock [3:08:05] exchange [3:08:06] and [3:08:06] there [3:08:06] are [3:08:07] a [3:08:07] lot [3:08:07] more [3:08:07] ways [3:08:08] to [3:08:08] achieve [3:08:11] capital [3:08:11] or [3:08:12] secure [3:08:12] capital [3:08:12] more [3:08:13] effectively [3:08:14] or [3:08:15] more [3:08:15] efficiently [3:08:16] for [3:08:16] small [3:08:16] developers [3:08:17] and [3:08:18] then [3:08:18] lastly [3:08:18] separately [3:08:20] in [3:08:21] keeping [3:08:22] with [3:08:22] the [3:08:22] topic [3:08:23] we'd [3:08:23] like [3:08:23] to [3:08:24] support [3:08:24] the [3:08:25] statement [3:08:26] or [3:08:26] the [3:08:28] statement [3:08:30] that [3:08:30] the [3:08:31] ARCOA [3:08:32] to [3:08:33] accelerate [3:08:34] the [3:08:34] implementation [3:08:35] of [3:08:35] ARCOA [3:08:36] so [3:08:36] that [3:08:36] it [3:08:36] will [3:08:36] reach [3:08:37] household [3:08:37] level [3:08:38] as soon [3:08:38] as [3:08:38] possible [3:08:38] because [3:08:39] this [3:08:40] provides [3:08:41] the [3:08:41] electricity [3:08:42] consumer [3:08:43] at the [3:08:43] very [3:08:43] end [3:08:43] of [3:08:43] the [3:08:44] line [3:08:44] the [3:08:44] direct [3:08:45] benefits [3:08:45] of [3:08:45] competition [3:08:46] envisioned [3:08:47] by [3:08:48] APERA [3:08:48] Thank [3:08:49] you [3:08:49] Attorney [3:08:51] Ambrosio [3:08:52] would [3:08:53] you happen [3:08:53] to know [3:08:54] if [3:08:54] many [3:08:54] investors [3:08:55] would [3:08:55] like [3:08:55] to [3:08:56] come [3:08:56] in [3:08:56] wind [3:08:58] turbine [3:08:59] infrastructure [3:09:01] infrastructure [3:09:03] in terms [3:09:04] of [3:09:04] wind [3:09:06] yes [3:09:07] yes [3:09:07] we do [3:09:08] have [3:09:08] a lot [3:09:08] of [3:09:08] developers [3:09:09] sir [3:09:09] I mean [3:09:10] are [3:09:10] there [3:09:10] would [3:09:11] you [3:09:11] happen [3:09:11] to [3:09:11] know [3:09:12] if [3:09:12] there [3:09:12] are [3:09:12] interested [3:09:13] from [3:09:13] overseas [3:09:14] who would [3:09:14] like [3:09:14] to [3:09:15] come [3:09:15] in [3:09:15] yes [3:09:16] in [3:09:16] fact [3:09:17] we [3:09:17] do [3:09:17] have [3:09:17] developers [3:09:18] already [3:09:18] from [3:09:19] Denmark [3:09:19] China [3:09:21] and [3:09:22] Spain [3:09:23] who [3:09:24] are [3:09:24] who [3:09:25] are [3:09:26] using [3:09:26] the [3:09:27] rule [3:09:28] of [3:09:28] the [3:09:28] establish [3:09:29] that [3:09:30] there [3:09:30] can [3:09:30] be [3:09:30] 100% [3:09:31] foreign [3:09:32] investment [3:09:32] in [3:09:32] wind [3:09:33] and [3:09:33] solar [3:09:33] yeah [3:09:34] kasi [3:09:35] kagaya [3:09:36] po [3:09:36] nitong [3:09:36] mga [3:09:37] off [3:09:38] grid [3:09:38] sa [3:09:38] mga [3:09:39] islands [3:09:39] natin [3:09:39] that [3:09:40] will [3:09:40] be [3:09:40] very [3:09:40] reasonable [3:09:41] not [3:09:43] dependent [3:09:43] on [3:09:44] power [3:09:45] from [3:09:45] Luzon [3:09:45] for [3:09:46] example [3:09:46] my [3:09:47] province [3:09:47] Palawan [3:09:48] and [3:09:48] Mindoro [3:09:49] I mean [3:09:49] that's [3:09:50] maganda [3:09:51] kasi [3:09:52] they don't [3:09:53] have to [3:09:53] rely [3:09:54] sa [3:09:54] power [3:09:55] coming [3:09:55] from [3:09:55] Luzon [3:09:56] mainland [3:09:57] correct [3:09:58] chairman [3:09:59] and [3:10:00] because [3:10:00] of the [3:10:01] advances [3:10:01] in [3:10:01] technology [3:10:02] hybridization [3:10:03] is much [3:10:03] more [3:10:03] possible [3:10:04] nowadays [3:10:04] either [3:10:05] wind [3:10:06] with [3:10:06] battery [3:10:07] solar [3:10:07] with [3:10:07] battery [3:10:08] and [3:10:09] that's [3:10:10] a lot [3:10:10] more [3:10:10] possible [3:10:10] so [3:10:11] when [3:10:11] do [3:10:12] you [3:10:12] think [3:10:12] that [3:10:13] will [3:10:13] be [3:10:13] possible [3:10:14] how [3:10:14] many [3:10:15] more [3:10:15] years [3:10:15] are [3:10:15] we [3:10:15] talking [3:10:16] about [3:10:16] now [3:10:16] we [3:10:17] will [3:10:17] be [3:10:17] seeing [3:10:18] a lot [3:10:18] of [3:10:18] wind [3:10:18] turbines [3:10:19] in [3:10:19] the [3:10:19] country [3:10:20] right [3:10:21] now [3:10:21] there's [3:10:21] nearly [3:10:23] 500 [3:10:23] megawatts [3:10:24] in [3:10:25] operation [3:10:25] and [3:10:26] I [3:10:26] believe [3:10:27] there's [3:10:27] nearly [3:10:28] a [3:10:28] gigawatt [3:10:28] in [3:10:29] development [3:10:29] and [3:10:30] we [3:10:30] will [3:10:30] see [3:10:30] them [3:10:30] soon [3:10:31] as [3:10:31] a [3:10:31] result [3:10:31] of [3:10:31] the [3:10:31] green [3:10:32] energy [3:10:32] auction [3:10:33] thank [3:10:34] you [3:10:35] Philippine [3:10:39] Solar [3:10:39] Storage [3:10:40] Energy [3:10:40] Alliance [3:10:41] good [3:10:42] afternoon [3:10:43] Mr. [3:10:43] Chair [3:10:43] Senator [3:10:44] Erwin [3:10:45] Tulfo [3:10:45] Senate [3:10:45] President [3:10:46] Senator [3:10:46] Ubin [3:10:47] Gachalian [3:10:47] and [3:10:48] Senator [3:10:48] Risa [3:10:48] Hontiveros [3:10:49] PSEA [3:10:50] is an [3:10:50] alliance [3:10:50] of [3:10:51] solar [3:10:51] power [3:10:51] companies [3:10:52] and [3:10:52] battery [3:10:52] energy [3:10:53] storage [3:10:53] systems [3:10:54] companies [3:10:54] on [3:10:55] behalf [3:10:55] of [3:10:55] PSEA [3:10:56] at [3:10:56] nagsubmit [3:10:56] na [3:10:57] po [3:10:57] kami [3:10:57] ng [3:10:57] aming [3:10:57] position [3:10:58] paper [3:10:58] sinusuportahan [3:11:00] po [3:11:00] namin [3:11:00] ng mga [3:11:00] bill [3:11:01] na [3:11:01] pinapalakas [3:11:02] po [3:11:02] ang [3:11:02] ERC [3:11:03] kasama [3:11:03] po [3:11:04] sa [3:11:04] aming [3:11:04] mga [3:11:04] proposals [3:11:05] are [3:11:05] una [3:11:05] po [3:11:06] i-maintain [3:11:07] po [3:11:07] yung [3:11:07] composition [3:11:08] ng [3:11:08] ERC [3:11:09] na [3:11:10] chairperson [3:11:11] and [3:11:12] for [3:11:12] commissioners [3:11:12] para [3:11:13] conducive [3:11:13] yung [3:11:14] decision [3:11:14] making [3:11:14] pangalawa [3:11:15] po [3:11:15] nananawagan [3:11:16] po [3:11:16] kami [3:11:16] ng [3:11:17] mga [3:11:17] reforma [3:11:17] sa [3:11:18] competitive [3:11:18] selection [3:11:19] process [3:11:19] na [3:11:20] isa [3:11:20] batas [3:11:20] kasi [3:11:21] isa [3:11:22] batas [3:11:22] po [3:11:23] itong [3:11:23] mga [3:11:23] reforma [3:11:23] na [3:11:24] ito [3:11:24] to [3:11:24] promote [3:11:24] competition [3:11:25] also [3:11:26] po [3:11:26] para [3:11:26] magkaroon [3:11:27] po [3:11:28] ng [3:11:28] level [3:11:28] playing [3:11:28] field [3:11:29] sa [3:11:29] lahat [3:11:29] po [3:11:29] ng [3:11:30] energy [3:11:30] power [3:11:30] generation [3:11:31] companies [3:11:32] na [3:11:32] wala [3:11:32] pong [3:11:32] palakasan [3:11:33] magkaroon [3:11:34] po [3:11:34] tayo [3:11:34] ng [3:11:34] transparency [3:11:35] and [3:11:35] accountability [3:11:36] gawin [3:11:36] pong [3:11:36] mandatory [3:11:37] ang [3:11:37] CSP [3:11:38] at [3:11:38] nakasigurado [3:11:39] po [3:11:39] tayo [3:11:39] na [3:11:40] least [3:11:40] cost [3:11:40] electricity [3:11:41] ang [3:11:41] binibilin [3:11:42] ng [3:11:42] ating [3:11:42] mga [3:11:42] kababayan [3:11:43] for [3:11:43] the [3:11:44] past [3:11:44] 25 [3:11:44] years [3:11:45] consistent [3:11:46] po [3:11:46] ang [3:11:46] Pilipinas [3:11:47] according [3:11:47] to [3:11:47] studies [3:11:48] consistent [3:11:48] po [3:11:48] ang [3:11:49] Pilipinas [3:11:49] for [3:11:49] the [3:11:49] past [3:11:50] 25 [3:11:50] years [3:11:50] na [3:11:51] nasa [3:11:51] top [3:11:51] 3 [3:11:52] highest [3:11:52] residential [3:11:53] electricity [3:11:54] prices [3:11:54] in [3:11:54] the [3:11:55] whole [3:11:55] of [3:11:55] Asia [3:11:55] at [3:11:56] isa [3:11:56] po [3:11:56] sa [3:11:56] mga [3:11:57] core [3:11:57] issues [3:11:58] sa [3:11:58] high [3:11:59] electricity [3:12:00] prices [3:12:00] sa [3:12:00] Pilipinas [3:12:01] ang [3:12:01] CSP [3:12:02] o [3:12:02] competitive [3:12:02] selection [3:12:03] process [3:12:03] gabanggit [3:12:04] niyo [3:12:04] na [3:12:04] rin [3:12:04] po [3:12:04] kanina [3:12:05] marami [3:12:05] po [3:12:05] talagang [3:12:06] problema [3:12:06] sa [3:12:06] CSP [3:12:07] meron [3:12:07] po [3:12:07] yung [3:12:08] alleged [3:12:08] tailor [3:12:08] fitting [3:12:09] of [3:12:09] bid [3:12:09] requirements [3:12:10] meron [3:12:11] din [3:12:11] po [3:12:11] yung [3:12:11] mga [3:12:11] passed [3:12:12] on [3:12:12] costs [3:12:13] lalo [3:12:13] na [3:12:14] po [3:12:14] sa [3:12:14] mga [3:12:14] fossil [3:12:14] fuel [3:12:15] power [3:12:15] plants [3:12:16] napakarami [3:12:17] pong [3:12:17] issue [3:12:17] dito [3:12:17] kaya [3:12:18] naniniwala [3:12:18] po [3:12:19] kami [3:12:19] na [3:12:19] it's [3:12:19] about [3:12:19] time [3:12:20] na [3:12:20] magkaroon [3:12:21] po [3:12:21] tayo [3:12:21] ng [3:12:21] reforma [3:12:22] sa [3:12:22] CSP [3:12:22] at [3:12:23] isabatas [3:12:23] po [3:12:23] ito [3:12:24] para [3:12:24] mas [3:12:24] maging [3:12:25] malakas [3:12:25] itong [3:12:25] mga [3:12:25] reforma [3:12:26] ito [3:12:26] at [3:12:27] magkaroon [3:12:27] po [3:12:27] ng [3:12:27] permanency [3:12:28] itong [3:12:29] reform [3:12:29] sa CSP [3:12:30] po [3:12:30] natin [3:12:30] at [3:12:31] nanawagan [3:12:31] din [3:12:31] po [3:12:31] kami [3:12:32] na [3:12:32] palakasin [3:12:33] po [3:12:33] natin [3:12:33] ang [3:12:34] mandate [3:12:34] ng [3:12:34] ERC [3:12:35] na [3:12:35] magpromote [3:12:36] ng [3:12:36] strategic [3:12:36] investment [3:12:37] sa [3:12:37] power [3:12:37] sector [3:12:38] bawasan [3:12:39] po [3:12:39] natin [3:12:39] yung [3:12:39] mga [3:12:39] processing [3:12:40] times [3:12:40] sa [3:12:41] regulatory [3:12:42] requirements [3:12:43] at [3:12:43] also [3:12:44] po [3:12:44] sana [3:12:44] po [3:12:45] yung [3:12:45] ERC [3:12:45] is [3:12:46] sumunod [3:12:47] po [3:12:47] sila [3:12:47] sa [3:12:47] timelines [3:12:48] ng [3:12:48] energy [3:12:48] virtual [3:12:49] one-stop [3:12:50] shop [3:12:50] maraming [3:12:51] salamat [3:12:51] po [3:12:51] your [3:12:52] honor [3:12:52] thank [3:12:53] you [3:12:53] for [3:12:54] bringing [3:12:54] that [3:12:54] to [3:12:54] our [3:12:55] attention [3:12:55] take [3:12:57] note [3:12:57] energy [3:12:58] regulatory [3:12:58] commission [3:12:59] Mr. [3:13:00] Chieb [3:13:00] may I [3:13:01] just [3:13:01] state [3:13:03] for the [3:13:04] record [3:13:04] that [3:13:04] ERC's [3:13:06] record [3:13:06] in terms [3:13:07] of [3:13:07] EVOS [3:13:07] compliance [3:13:08] is [3:13:08] 100% [3:13:09] in fact [3:13:10] we've [3:13:10] been [3:13:10] processing [3:13:11] applications [3:13:12] way [3:13:12] below [3:13:13] the [3:13:13] timeline [3:13:14] that is [3:13:14] specified [3:13:15] in the [3:13:15] law [3:13:16] I [3:13:16] take [3:13:16] offense [3:13:17] to [3:13:17] that [3:13:17] statement [3:13:17] that [3:13:18] implies [3:13:18] that [3:13:19] we [3:13:19] have [3:13:19] not [3:13:20] been [3:13:20] complying [3:13:20] with [3:13:21] the [3:13:21] EVOS [3:13:21] law [3:13:21] but [3:13:21] sir [3:13:22] somebody [3:13:24] came [3:13:25] up to [3:13:25] my [3:13:25] office [3:13:26] and [3:13:26] he [3:13:26] was [3:13:26] complaining [3:13:27] na [3:13:27] I [3:13:28] agree [3:13:29] with [3:13:29] him [3:13:29] yung [3:13:29] competitiveness [3:13:31] tatlo [3:13:32] po sila [3:13:32] nagbidding [3:13:33] sa isang [3:13:33] distributor [3:13:34] problem [3:13:35] is [3:13:35] pinili [3:13:36] yung [3:13:36] pinakamahal [3:13:37] so [3:13:38] therefore [3:13:38] yung [3:13:38] sinisingilin [3:13:39] po [3:13:39] mahal [3:13:40] di [3:13:40] po [3:13:40] ba [3:13:40] hindi [3:13:40] ko [3:13:40] alam [3:13:41] kung [3:13:41] may [3:13:41] sweetheart [3:13:42] deal [3:13:42] yung [3:13:42] distributor [3:13:43] at [3:13:44] saka [3:13:44] yung [3:13:44] generator [3:13:45] kasi [3:13:45] nagre-reklamo [3:13:46] po [3:13:46] siya [3:13:46] pinakamura [3:13:47] and [3:13:48] then [3:13:48] suddenly [3:13:49] sinilipan [3:13:50] siya [3:13:50] ng [3:13:50] ganito [3:13:50] hindi [3:13:51] siya [3:13:51] nanalo [3:13:51] e [3:13:52] dapat [3:13:52] pa [3:13:52] lang [3:13:53] daw [3:13:53] dun [3:13:53] sa [3:13:53] pagtanggap [3:13:54] pala [3:13:54] ng [3:13:54] kanyang [3:13:54] mga [3:13:55] requirements [3:13:55] kung [3:13:55] hindi [3:13:56] siya [3:13:56] nakafulfill [3:13:56] dapat [3:13:57] din-equeue [3:13:58] na siya [3:13:58] disqualified [3:13:59] unfortunately [3:14:00] hindi [3:14:00] hanggang [3:14:01] sa matapos [3:14:02] natalo [3:14:02] siya [3:14:03] pero [3:14:03] nung [3:14:03] tinignan [3:14:03] nila [3:14:04] yung [3:14:04] kinuha [3:14:05] ng [3:14:05] distributor [3:14:06] ng [3:14:07] kuryente [3:14:08] ay yung [3:14:09] mas [3:14:09] pinakamahal [3:14:10] na [3:14:10] generator [3:14:10] so [3:14:11] he [3:14:12] doesn't [3:14:12] understand [3:14:13] kaya [3:14:13] nga [3:14:13] po [3:14:14] nireklamo [3:14:14] niya [3:14:14] when [3:14:15] I took [3:14:15] over [3:14:15] as [3:14:15] energy [3:14:16] committee [3:14:17] chair [3:14:17] gusto [3:14:18] po [3:14:18] niya [3:14:18] iparating [3:14:19] sa inyo [3:14:19] pero [3:14:20] without [3:14:20] mentioning [3:14:20] his [3:14:21] name [3:14:21] kasi [3:14:21] may [3:14:22] kontrata [3:14:23] na po [3:14:23] siya [3:14:23] isang [3:14:24] distributor [3:14:24] yun [3:14:26] po [3:14:27] yung [3:14:27] naririnig [3:14:27] namin [3:14:28] so [3:14:28] pakibantayan [3:14:30] lang [3:14:30] mabuti [3:14:31] I don't know [3:14:31] kung ano [3:14:31] mga [3:14:32] process [3:14:32] ang [3:14:33] ginagawa [3:14:33] ninyo [3:14:34] para [3:14:35] maiwasan [3:14:35] yung [3:14:36] favoritism [3:14:37] yung [3:14:38] bidding [3:14:38] bidding [3:14:38] nagbidding [3:14:40] pa [3:14:40] dinirection [3:14:41] na lang [3:14:41] tinap [3:14:42] na lang [3:14:42] gusto [3:14:43] kita [3:14:43] ikaw [3:14:43] na lang [3:14:43] dito [3:14:44] diba [3:14:44] po [3:14:45] tama [3:14:45] po [3:14:46] Mr. [3:14:46] Che [3:14:46] kaya [3:14:46] nga [3:14:46] napag-usapan [3:14:47] natin [3:14:47] nung [3:14:48] last [3:14:48] week [3:14:48] na [3:14:48] kami [3:14:49] po [3:14:49] ay [3:14:49] mag [3:14:50] implement [3:14:50] ng [3:14:51] requirement [3:14:51] na [3:14:52] dapat [3:14:52] ay [3:14:52] dadaan [3:14:52] sa amin [3:14:53] lahat [3:14:53] yung [3:14:53] terms [3:14:53] of [3:14:53] reference [3:14:54] dahil [3:14:54] sa [3:14:54] kasalukuyan [3:14:55] ay [3:14:56] wala [3:14:56] po [3:14:56] kaming [3:14:56] control [3:14:57] dito [3:14:57] at [3:14:58] hindi [3:14:58] namin [3:14:58] natitignan [3:14:59] ngayon [3:14:59] po [3:15:00] pagka [3:15:01] na [3:15:01] i-promulgate [3:15:02] na [3:15:02] namin [3:15:03] yung [3:15:03] regulasyon [3:15:04] na yan [3:15:05] dadaan [3:15:05] po [3:15:05] sa amin [3:15:06] lahat [3:15:06] ng [3:15:06] terms [3:15:07] of [3:15:07] reference [3:15:07] at [3:15:08] hindi [3:15:08] na [3:15:08] po [3:15:08] yung [3:15:08] mangyayari [3:15:09] yung [3:15:09] ngayon [3:15:09] nakakaroon [3:15:10] sila [3:15:10] ng [3:15:10] ITB [3:15:11] at [3:15:12] mayroong [3:15:13] bid [3:15:13] bulletin [3:15:13] mababago [3:15:14] na [3:15:14] yung [3:15:14] requirement [3:15:15] tapos [3:15:15] malilimitahan [3:15:16] yung [3:15:17] po [3:15:17] pwedeng [3:15:17] magpartisipate [3:15:18] so [3:15:19] maraming [3:15:19] nga [3:15:19] po [3:15:19] kami [3:15:19] narinig [3:15:20] na [3:15:20] ganun [3:15:21] kaya [3:15:21] gusto [3:15:21] natin [3:15:22] maiwasan [3:15:23] na [3:15:23] po [3:15:23] yung [3:15:23] mga [3:15:23] ganitong [3:15:24] mga [3:15:24] mga [3:15:25] aktibidad [3:15:26] Kailan [3:15:27] maimplement [3:15:27] yung [3:15:27] program [3:15:28] na yan? [3:15:30] Ito [3:15:30] po [3:15:30] minamadali [3:15:30] namin [3:15:31] katatapos [3:15:31] lang [3:15:31] ng [3:15:32] aming [3:15:32] public [3:15:32] consultations [3:15:33] at [3:15:33] kinoculate [3:15:34] na lang [3:15:34] namin [3:15:35] para [3:15:35] maisapinal [3:15:35] yung [3:15:36] final [3:15:36] version [3:15:37] ng [3:15:37] resolution [3:15:38] po [3:15:38] at [3:15:38] ipopromulgate [3:15:39] po [3:15:39] namin [3:15:40] most [3:15:40] likely [3:15:40] within [3:15:41] august [3:15:41] po [3:15:41] all [3:15:42] right [3:15:42] thank [3:15:42] you [3:15:43] good [3:15:43] chair [3:15:44] nino [3:15:45] anong [3:15:46] official [3:15:47] position [3:15:47] yun [3:15:47] dito [3:15:48] sa [3:15:48] cross [3:15:49] ownership [3:15:49] na [3:15:50] bill [3:15:51] what's [3:15:51] your [3:15:52] official [3:15:52] position [3:15:53] being [3:15:54] the [3:15:55] regulator [3:15:55] ngayon [3:15:58] po [3:15:58] ay wala [3:15:58] talaga [3:15:59] kaming [3:15:59] napag-usapan [3:16:00] pa [3:16:00] at the [3:16:00] level [3:16:01] of [3:16:01] the [3:16:01] commission [3:16:01] but [3:16:02] if [3:16:03] ako [3:16:03] po [3:16:04] ang [3:16:04] matatanong [3:16:04] dahil [3:16:05] ito [3:16:05] ay [3:16:05] nangyari [3:16:07] po [3:16:07] ito [3:16:07] sa [3:16:08] ipira [3:16:08] pa [3:16:08] lang [3:16:08] dahil [3:16:09] nung [3:16:09] pagsisimula [3:16:10] nung [3:16:10] deliberation [3:16:11] ng [3:16:11] ipira [3:16:12] mayroon tayong [3:16:13] umiiral [3:16:14] na mga [3:16:14] power [3:16:14] purchase [3:16:15] agreement [3:16:15] at [3:16:16] ang [3:16:16] mga [3:16:16] ito [3:16:17] ay [3:16:17] between [3:16:17] Meralco [3:16:18] at [3:16:19] ang [3:16:19] kanyang [3:16:20] ka-affiliate [3:16:20] at [3:16:21] ito [3:16:21] nga po [3:16:22] ang [3:16:22] naging [3:16:22] pag-uusap [3:16:23] sa [3:16:23] kongreso [3:16:24] nung [3:16:25] isa [3:16:25] batas [3:16:25] ang [3:16:26] ipira [3:16:26] kung [3:16:26] ito [3:16:27] ba [3:16:27] ay [3:16:27] ipagbabawal [3:16:28] na [3:16:28] dahil [3:16:29] ang [3:16:29] naging [3:16:29] parang [3:16:30] impresyon [3:16:31] nun [3:16:31] ay [3:16:31] dahil [3:16:32] mag-anak [3:16:33] itong [3:16:34] dalawang [3:16:34] kumpanya [3:16:34] yung [3:16:35] may-ari [3:16:35] ng [3:16:36] mga [3:16:36] power [3:16:37] plants [3:16:38] na [3:16:38] nakinontrata [3:16:40] ng [3:16:40] Meralco [3:16:41] so [3:16:41] maaaring [3:16:42] hindi [3:16:42] nagkaroon [3:16:43] ng [3:16:44] talagang [3:16:44] negosasyon [3:16:45] na [3:16:45] arms [3:16:46] length [3:16:46] at [3:16:46] hindi [3:16:47] tuloy [3:16:47] yung [3:16:49] kontrata [3:16:49] ay [3:16:50] nagkaroon [3:16:50] tuloy [3:16:50] ng [3:16:51] pagkakataon [3:16:52] na makapag [3:16:53] recover [3:16:54] ng mga [3:16:54] gastusin [3:16:55] na hindi [3:16:56] naman [3:16:56] nararapat [3:16:57] so [3:16:57] yun [3:16:57] lang [3:16:57] po [3:16:57] yung [3:16:58] impression [3:16:58] and [3:16:58] I [3:16:58] think [3:16:59] dyan [3:16:59] po [3:16:59] nang [3:17:00] galing [3:17:00] kung [3:17:00] kaya [3:17:00] nagkaroon [3:17:02] ng [3:17:02] partial [3:17:03] na [3:17:03] prohibition [3:17:04] sa [3:17:04] cross [3:17:05] ownership [3:17:05] pagdating [3:17:06] sa [3:17:06] procurement [3:17:07] dahil [3:17:08] nga [3:17:08] po [3:17:08] ang [3:17:09] distribution [3:17:11] utility [3:17:11] dapat [3:17:12] ay [3:17:12] nagpo [3:17:12] procure [3:17:13] siya [3:17:13] ng [3:17:14] least [3:17:14] cost [3:17:14] para [3:17:15] sa [3:17:15] captive [3:17:16] market [3:17:16] at [3:17:17] kung [3:17:17] mayroon [3:17:17] ganitong [3:17:18] pagkakataon [3:17:19] na [3:17:19] may [3:17:19] mapapaboran [3:17:20] na [3:17:20] kamag-anak [3:17:21] na [3:17:21] kumpanya [3:17:22] ay [3:17:22] hindi [3:17:22] niya [3:17:23] gagampanan [3:17:25] yung [3:17:26] obligasyon [3:17:26] na [3:17:26] yan [3:17:27] pagdating [3:17:27] naman [3:17:27] po [3:17:28] sa [3:17:28] cross [3:17:28] ownership [3:17:28] sa [3:17:29] panggitan [3:17:29] ng [3:17:30] transmission [3:17:31] at [3:17:31] ng [3:17:32] ibang [3:17:32] mga [3:17:32] sektor [3:17:33] kasi [3:17:33] po [3:17:34] yan [3:17:34] din [3:17:34] ay [3:17:34] isang [3:17:35] umiiral [3:17:35] na [3:17:35] prohibition [3:17:36] na [3:17:36] ng [3:17:37] cross [3:17:37] ownership [3:17:37] ng [3:17:38] transmission [3:17:39] company [3:17:39] dahil [3:17:40] siya [3:17:40] po [3:17:40] ang [3:17:40] pinakadaluyan [3:17:41] ng [3:17:42] kuryente [3:17:42] para [3:17:44] magkaroon [3:17:44] talaga [3:17:44] ng [3:17:45] competition [3:17:45] dapat [3:17:46] ay [3:17:46] mananatiling [3:17:47] independente [3:17:48] ang [3:17:49] transmission [3:17:51] at [3:17:52] walang [3:17:52] may [3:17:52] mamayaring [3:17:53] or [3:17:54] interest [3:17:55] na [3:17:56] distribution [3:17:57] or [3:17:57] kaya [3:17:58] ay [3:17:59] generation [3:18:00] or [3:18:00] supply [3:18:01] nagsiganon [3:18:02] ay walang [3:18:02] masasabi [3:18:03] na mapapaboran [3:18:04] ang [3:18:05] transmission [3:18:06] operator [3:18:06] at [3:18:07] walang [3:18:08] masasabi [3:18:08] na [3:18:08] impact [3:18:09] or [3:18:09] implication [3:18:10] nito [3:18:10] sa [3:18:10] pagkakaroon [3:18:11] ng [3:18:11] competition [3:18:11] sa mga [3:18:12] sektor [3:18:13] na mayroon [3:18:13] tayong [3:18:14] pagpuporsige [3:18:15] na magkaroon [3:18:16] ng [3:18:16] competition [3:18:17] tulad [3:18:17] ng [3:18:17] generation [3:18:18] at [3:18:18] supply [3:18:19] karalan [3:18:21] nyo [3:18:21] sa [3:18:22] commission [3:18:23] yung [3:18:24] position [3:18:25] would [3:18:26] like [3:18:26] to [3:18:27] hear [3:18:27] sana [3:18:27] an [3:18:27] official [3:18:28] position [3:18:28] from [3:18:29] the [3:18:29] regulator [3:18:29] dahil [3:18:30] at [3:18:30] the end [3:18:31] of the [3:18:31] day [3:18:31] kayo [3:18:31] yung [3:18:32] mahihirapan [3:18:33] o [3:18:33] kayo [3:18:34] yung [3:18:34] madadalian [3:18:35] ng [3:18:35] trabaho [3:18:35] dahil [3:18:35] kayo [3:18:36] magreview [3:18:36] ng [3:18:36] mga [3:18:37] documents [3:18:37] kung [3:18:38] may [3:18:38] mga [3:18:38] accusation [3:18:39] of [3:18:39] favoritism [3:18:40] or [3:18:41] sabi [3:18:42] ko [3:18:42] nga [3:18:42] kay [3:18:42] san [3:18:42] Teresa [3:18:43] ang daming [3:18:43] ways [3:18:44] to [3:18:44] disenfranchise [3:18:45] the bidder [3:18:46] kayo [3:18:47] rin [3:18:47] ang [3:18:47] mahihirapan [3:18:48] dyan [3:18:48] so [3:18:49] and [3:18:50] ano [3:18:51] kasi [3:18:51] ang [3:18:52] tendency [3:18:52] and [3:18:52] temptation [3:18:53] is [3:18:53] mabigat [3:18:54] eh [3:18:54] kung [3:18:54] ikaw [3:18:55] in [3:18:55] distribution [3:18:55] company [3:18:56] tapos [3:18:57] meron kang [3:18:57] mayaring [3:18:58] generation [3:19:00] company [3:19:00] yung [3:19:01] temptation [3:19:01] na [3:19:02] bumili [3:19:02] sa [3:19:02] kanya [3:19:02] mabigat [3:19:03] eh [3:19:03] so [3:19:04] you'll [3:19:04] really [3:19:05] find [3:19:05] ways [3:19:05] to [3:19:06] makabili [3:19:06] sa [3:19:07] kanya [3:19:07] dahil [3:19:08] ano [3:19:09] yan [3:19:10] eh [3:19:10] kita yan [3:19:10] for [3:19:10] both [3:19:11] companies [3:19:12] so [3:19:12] pag-aralan [3:19:14] nyo [3:19:14] yung [3:19:14] official [3:19:14] position [3:19:15] and [3:19:16] of [3:19:16] course [3:19:16] that [3:19:16] should [3:19:17] be [3:19:17] based [3:19:17] also [3:19:17] on [3:19:18] your [3:19:19] experiences [3:19:19] in [3:19:19] the [3:19:20] past [3:19:20] and [3:19:21] ako [3:19:21] naman [3:19:21] alam [3:19:21] ko [3:19:22] maraming [3:19:22] maraming [3:19:23] magagalit [3:19:24] na negosyante [3:19:25] dyan [3:19:25] dahil [3:19:25] maraming [3:19:26] nang may [3:19:27] generation [3:19:27] at may [3:19:28] utility [3:19:28] but [3:19:29] ang [3:19:29] punto [3:19:29] ko [3:19:29] naman [3:19:29] para [3:19:30] sa [3:19:30] consumers [3:19:30] to [3:19:31] eh [3:19:31] para [3:19:32] sa [3:19:32] kabutihan [3:19:33] to [3:19:33] ng [3:19:33] consumers [3:19:34] at [3:19:34] para [3:19:34] bumaba [3:19:35] pa [3:19:35] ang [3:19:36] presyo [3:19:36] ng [3:19:36] kuryente [3:19:36] natin [3:19:37] dahil [3:19:37] mas [3:19:38] maraming [3:19:38] competition [3:19:39] ng [3:19:39] papasok [3:19:40] so [3:19:40] pumili ka [3:19:41] na lang [3:19:42] kung gusto [3:19:42] mo na [3:19:42] sa [3:19:42] distribution [3:19:43] ka [3:19:43] gusto [3:19:44] mo na [3:19:44] sa [3:19:45] generation [3:19:45] kapili ka [3:19:46] na lang [3:19:46] but [3:19:46] wag [3:19:46] both [3:19:47] wag [3:19:47] both [3:19:48] pwede ka [3:19:48] namang [3:19:48] kumita [3:19:49] in [3:19:49] both [3:19:49] sides [3:19:50] thank [3:19:52] you [3:19:52] thank [3:19:52] you [3:19:52] thank [3:19:53] you [3:19:53] uh [3:19:54] philippine [3:19:56] chamber [3:19:56] of commerce [3:19:57] and [3:19:57] industry [3:19:57] you have [3:19:58] three [3:19:58] minutes [3:19:58] uh [3:19:59] sir [3:20:00] are [3:20:09] you [3:20:09] here [3:20:09] um [3:20:10] sir [3:20:10] sorry [3:20:10] just [3:20:11] for [3:20:11] clarification [3:20:11] uh [3:20:12] the [3:20:13] philippine [3:20:13] chamber [3:20:13] of [3:20:13] commerce [3:20:14] sir [3:20:14] yes [3:20:15] philippine [3:20:16] chamber [3:20:16] of commerce [3:20:17] and industry [3:20:18] pcci [3:20:19] okay [3:20:19] sir [3:20:19] um [3:20:25] we are [3:20:25] from the [3:20:25] joint [3:20:25] foreign [3:20:26] chamber [3:20:26] sir [3:20:27] oh [3:20:27] okay [3:20:27] all right [3:20:28] arancada [3:20:30] philippine [3:20:31] project [3:20:31] yes sir [3:20:32] um [3:20:33] the [3:20:34] arancada [3:20:34] philippine [3:20:34] project [3:20:35] is the [3:20:35] advocacy [3:20:36] arm [3:20:36] of the [3:20:37] joint [3:20:37] foreign [3:20:37] chambers [3:20:38] consisting [3:20:38] of [3:20:39] the [3:20:39] american [3:20:40] canadian [3:20:40] european [3:20:41] japanese [3:20:42] and [3:20:42] korean [3:20:43] and [3:20:43] the [3:20:43] pamuri [3:20:44] or the [3:20:44] association [3:20:45] of [3:20:45] multinational [3:20:46] regional [3:20:47] headquarters [3:20:48] we of [3:20:49] course [3:20:50] are [3:20:50] grateful [3:20:51] for [3:20:51] having [3:20:51] us [3:20:52] and [3:20:52] we [3:20:52] are [3:20:52] thankful [3:20:52] to [3:20:53] the [3:20:53] chair [3:20:53] and [3:20:53] to [3:20:53] the [3:20:53] committee [3:20:54] and [3:20:54] our [3:20:54] honorable [3:20:55] senators [3:20:55] for [3:20:56] allowing [3:20:56] us [3:20:56] to [3:20:56] participate [3:20:57] in [3:20:57] today's [3:20:58] hearing [3:20:58] the [3:20:59] amendments [3:21:00] to [3:21:00] the [3:21:00] apira [3:21:01] has [3:21:01] always [3:21:01] been [3:21:02] one [3:21:02] of [3:21:02] the [3:21:03] priority [3:21:03] legislations [3:21:04] of [3:21:05] the [3:21:05] jfc [3:21:05] we [3:21:06] included [3:21:06] this [3:21:07] in [3:21:07] fact [3:21:07] in [3:21:07] every [3:21:08] letter [3:21:08] that [3:21:09] we [3:21:09] sent [3:21:09] to [3:21:09] the [3:21:09] president [3:21:10] before [3:21:10] his [3:21:10] sona [3:21:11] including [3:21:12] this [3:21:12] year [3:21:12] given [3:21:13] the [3:21:13] technical [3:21:14] nature [3:21:14] and [3:21:14] the [3:21:14] time [3:21:15] constraint [3:21:15] we [3:21:15] would [3:21:16] submit [3:21:21] paper [3:21:22] as [3:21:22] we [3:21:22] have [3:21:22] done [3:21:22] during [3:21:24] the [3:21:24] previous [3:21:24] congresses [3:21:25] thank [3:21:25] you [3:21:25] mr. [3:21:26] chair [3:21:26] okay [3:21:27] thank [3:21:28] you [3:21:28] very [3:21:28] much [3:21:28] the [3:21:30] arancada [3:21:30] philippine [3:21:31] project [3:21:31] well [3:21:32] we [3:21:32] move [3:21:32] on [3:21:32] i think [3:21:33] we [3:21:33] have [3:21:33] like [3:21:34] four [3:21:36] more [3:21:36] freedom [3:21:37] from [3:21:37] that [3:21:37] coalition [3:21:38] what [3:21:39] is [3:21:39] your [3:21:39] position [3:21:40] on [3:21:40] this [3:21:41] sir [3:21:42] chair [3:21:47] tulpo [3:21:48] senate [3:21:49] president [3:21:49] win [3:21:50] and [3:21:50] senator [3:21:51] risa [3:21:52] mahaban [3:21:55] na po [3:21:55] ang [3:21:56] discussion [3:21:56] natin [3:21:56] sa [3:21:57] system [3:21:57] losses [3:21:58] how [3:21:59] about [3:21:59] shifting [3:22:00] the [3:22:01] discussion [3:22:01] to [3:22:02] system [3:22:03] overhaul [3:22:03] at [3:22:05] kaugnay [3:22:06] po [3:22:07] nito [3:22:07] kasi [3:22:08] 25 [3:22:08] years [3:22:09] na po [3:22:09] yung [3:22:09] epira [3:22:10] meron [3:22:11] po [3:22:12] kami [3:22:12] sinubi [3:22:12] na [3:22:12] position [3:22:13] paper [3:22:13] pero [3:22:14] 25 [3:22:14] years [3:22:15] na po [3:22:15] itong [3:22:15] epira [3:22:16] at [3:22:16] none [3:22:17] of [3:22:17] the [3:22:17] objectives [3:22:18] na [3:22:18] nilista [3:22:18] ng [3:22:19] ADV [3:22:19] noong [3:22:20] 2001 [3:22:20] ay [3:22:21] na [3:22:21] fulfill [3:22:22] so [3:22:23] sigur [3:22:24] ho [3:22:24] dapat [3:22:24] talaga [3:22:25] i-review [3:22:25] but [3:22:26] number [3:22:26] one [3:22:27] po [3:22:27] narito [3:22:30] mga [3:22:30] kaibigan [3:22:31] natin [3:22:31] sa [3:22:31] with [3:22:32] due [3:22:32] respect [3:22:32] sa [3:22:32] staff [3:22:34] ng [3:22:34] NGCP [3:22:35] dapat [3:22:36] po [3:22:36] review [3:22:37] ang [3:22:37] papel [3:22:37] ng [3:22:37] NGCP [3:22:40] kasi [3:22:40] ang [3:22:40] transmission [3:22:41] po [3:22:41] sa [3:22:42] papel [3:22:42] ng [3:22:42] mga [3:22:42] gobyerno [3:22:43] sa [3:22:43] Asia [3:22:44] yan [3:22:45] po [3:22:46] nerve [3:22:46] center [3:22:47] sila [3:22:47] ang [3:22:48] system [3:22:48] operator [3:22:49] so [3:22:50] sila [3:22:50] nag [3:22:51] babas [3:22:53] how [3:22:53] to [3:22:54] develop [3:22:54] the [3:22:54] whole [3:22:55] power [3:22:55] sector [3:22:56] pero [3:22:57] nakikita [3:22:58] nyo [3:22:58] medyo [3:22:59] paudlot [3:23:01] udlot [3:23:01] ang [3:23:01] adjustment [3:23:03] so [3:23:03] we're [3:23:03] suggesting [3:23:04] na [3:23:04] ibalik [3:23:05] sana [3:23:06] yung [3:23:06] nationalization [3:23:09] ng [3:23:10] transmission [3:23:11] kundi [3:23:12] kundi [3:23:12] mag [3:23:12] philiphinization [3:23:13] kasi [3:23:14] meron [3:23:15] din [3:23:15] security [3:23:15] implications [3:23:16] yan [3:23:17] anyway [3:23:18] that's [3:23:19] one [3:23:19] po [3:23:19] sa [3:23:20] generation [3:23:20] masyadong [3:23:22] mahaba [3:23:22] na [3:23:23] discussion [3:23:23] sa [3:23:24] system [3:23:25] losses [3:23:25] but [3:23:26] but [3:23:26] tignan [3:23:27] din [3:23:27] po [3:23:27] yung [3:23:28] pag [3:23:29] approve [3:23:30] ng [3:23:30] ERC [3:23:31] sa [3:23:31] pricing [3:23:32] na [3:23:32] binibigay [3:23:33] ng [3:23:33] gwan [3:23:34] at saka [3:23:34] sa [3:23:34] ang [3:23:36] supreme [3:23:37] court [3:23:37] po [3:23:37] dati [3:23:38] na may [3:23:38] decision [3:23:38] na [3:23:39] pwede [3:23:41] na [3:23:41] sa [3:23:41] mga [3:23:41] monopolies [3:23:42] katulad [3:23:43] sa [3:23:44] nasa [3:23:45] generation [3:23:46] na [3:23:47] magkaroon [3:23:47] silang [3:23:48] return [3:23:48] on [3:23:48] investment [3:23:49] na [3:23:49] 12% [3:23:50] pero [3:23:51] ay [3:23:53] sari-sari [3:23:53] hong [3:23:54] deduction [3:23:54] ang ating [3:23:56] kinoconsider [3:23:57] tapos pati [3:23:58] yung [3:23:58] itemization [3:24:00] ng possible [3:24:00] expenses [3:24:01] for the [3:24:01] next five [3:24:02] years [3:24:02] in terms [3:24:03] of [3:24:03] investment [3:24:04] kaya po [3:24:05] nagkakaroon [3:24:05] ng [3:24:06] malaking [3:24:07] sakit [3:24:08] ng ulo [3:24:08] ang mga [3:24:09] kasama [3:24:09] sa ERC [3:24:10] computing [3:24:11] magkano [3:24:11] yung [3:24:12] overprice [3:24:12] na [3:24:13] nasisingil [3:24:14] ng [3:24:14] Meralco [3:24:15] why don't [3:24:16] we simplify [3:24:17] this [3:24:17] and why [3:24:18] don't [3:24:18] we [3:24:18] appeal [3:24:18] to [3:24:19] the [3:24:20] big [3:24:20] companies [3:24:21] na [3:24:22] mag [3:24:23] exercise [3:24:23] naman [3:24:23] sila [3:24:24] ng [3:24:24] corporate [3:24:24] social [3:24:25] responsibility [3:24:26] palagay ko [3:24:27] po [3:24:27] kayang-kaya [3:24:27] ng [3:24:28] Pangulo [3:24:28] ng [3:24:28] Pilipinas [3:24:29] na [3:24:29] i-convene [3:24:32] yung [3:24:32] mga [3:24:32] big [3:24:33] gencos [3:24:34] at tapos [3:24:35] in the [3:24:35] name [3:24:36] of [3:24:36] the [3:24:37] welfare [3:24:38] of [3:24:38] the [3:24:38] country [3:24:38] at [3:24:39] saka [3:24:39] para [3:24:39] maging [3:24:40] competitive [3:24:41] tayo [3:24:41] sa [3:24:41] getting [3:24:42] investment [3:24:43] magsama-sama [3:24:45] how to [3:24:45] lower [3:24:45] the cost [3:24:46] yan [3:24:46] po [3:24:46] solusyon [3:24:47] diyan [3:24:47] hindi [3:24:48] yan [3:24:48] magagawa [3:24:48] ng [3:24:49] ARC [3:24:49] lang [3:24:50] pagdating [3:24:51] sa [3:24:51] distribution [3:24:53] we [3:24:54] agree [3:24:54] na [3:24:54] bawasan [3:24:55] naman [3:24:56] po [3:24:56] itong [3:24:56] cross [3:24:56] ownership [3:24:57] at [3:24:58] tapos [3:24:58] po [3:24:58] sa [3:24:58] distribution [3:25:00] po [3:25:00] lalo [3:25:01] na [3:25:01] sa [3:25:01] electric [3:25:01] co-ops [3:25:02] mahalaga [3:25:03] po [3:25:04] ang papel [3:25:04] ng [3:25:04] consultation [3:25:05] with the [3:25:06] people [3:25:06] co-op [3:25:09] pero [3:25:09] hindi [3:25:10] yata [3:25:10] nila [3:25:10] pinagagana [3:25:11] yung [3:25:12] prinsipyo [3:25:13] ng [3:25:13] cooperative [3:25:13] na [3:25:14] itong [3:25:15] pagpatakbo [3:25:17] ng [3:25:17] cooperative [3:25:17] is [3:25:18] with the [3:25:19] people [3:25:19] and [3:25:19] for [3:25:19] the [3:25:20] people [3:25:20] so [3:25:21] dapat po [3:25:21] nagsasama-sama [3:25:23] in a [3:25:25] way [3:25:25] ganyan [3:25:25] po [3:25:26] ang [3:25:26] ginawa [3:25:26] sa [3:25:26] vietnam [3:25:26] vietnam [3:25:27] by the [3:25:28] way [3:25:28] nalampasan [3:25:29] po [3:25:30] tayo [3:25:30] sa [3:25:30] vietnam [3:25:32] was a [3:25:33] devastated [3:25:33] country [3:25:34] because [3:25:34] of [3:25:34] the [3:25:34] war [3:25:35] divided [3:25:35] yung [3:25:36] country [3:25:36] and yet [3:25:37] they [3:25:37] achieve [3:25:38] full [3:25:39] electrification [3:25:40] lalo [3:25:41] na sa [3:25:41] rural [3:25:41] areas [3:25:42] but [3:25:43] malaki [3:25:43] po [3:25:43] ang [3:25:43] papel [3:25:44] ng [3:25:44] consultation [3:25:44] sa [3:25:45] tao [3:25:45] malaki [3:25:46] po [3:25:46] and [3:25:47] then [3:25:47] hindi [3:25:47] po [3:25:47] namin [3:25:48] maintindihan [3:25:48] itong [3:25:49] animal [3:25:50] na [3:25:50] tinatawag [3:25:51] na [3:25:51] WSM [3:25:52] kasi [3:25:53] yung [3:25:53] WSM [3:25:53] parang [3:25:54] ilan [3:25:54] lang [3:25:54] nag [3:25:55] participate [3:25:57] dyan [3:25:57] tapos [3:25:58] bakit [3:25:59] sila [3:25:59] nakapagdidikta [3:26:01] ng [3:26:01] price [3:26:03] dito [3:26:03] sa [3:26:03] gagamit [3:26:04] sila [3:26:05] dito [3:26:05] sa [3:26:05] yung [3:26:06] surge [3:26:07] ng [3:26:08] pricing [3:26:08] ng [3:26:09] ilang [3:26:09] mga [3:26:10] nangailangan [3:26:11] ng [3:26:11] kuryente [3:26:11] because [3:26:12] hindi [3:26:12] tinatawag [3:26:13] na [3:26:13] line [3:26:14] surcharge [3:26:15] so [3:26:16] medyo [3:26:17] po [3:26:18] dapat [3:26:18] ma-review [3:26:19] itong [3:26:19] overall [3:26:20] yun po [3:26:21] in summary [3:26:22] ang gusto [3:26:22] namin [3:26:23] mangyari [3:26:23] magkaroon [3:26:25] ng [3:26:25] hindi [3:26:26] lamang [3:26:26] review [3:26:26] ng [3:26:27] system [3:26:27] losses [3:26:28] but [3:26:28] system [3:26:29] the [3:26:30] system [3:26:31] as a [3:26:31] whole [3:26:31] system [3:26:32] overhaul [3:26:32] thank you [3:26:33] well [3:26:34] Mr. [3:26:34] Renio [3:26:35] the reason [3:26:36] why [3:26:36] this [3:26:37] hearing [3:26:37] is being [3:26:38] conducted [3:26:38] this is [3:26:39] our [3:26:39] second [3:26:40] hearing [3:26:40] it is [3:26:41] all [3:26:41] about [3:26:41] epira [3:26:42] law [3:26:42] sir [3:26:43] we [3:26:43] really [3:26:43] have [3:26:43] to [3:26:43] it's [3:26:44] high [3:26:44] time [3:26:45] that [3:26:45] we [3:26:45] have [3:26:45] to [3:26:45] review [3:26:45] this [3:26:46] and [3:26:46] the [3:26:46] regulation [3:26:48] for [3:26:48] really [3:26:49] being [3:26:49] for [3:26:50] itong [3:26:50] committee [3:26:51] NATO [3:26:51] thank [3:26:52] thank [3:26:52] you [3:26:52] very [3:26:52] much [3:26:52] attorney [3:26:53] Selesa [3:26:54] Institute [3:26:55] for [3:26:59] Climate [3:27:00] Sustainable [3:27:00] Cities [3:27:01] are you [3:27:01] here [3:27:01] yes [3:27:02] Mr. [3:27:03] Chairman [3:27:03] please [3:27:03] limit [3:27:04] your [3:27:04] presentation [3:27:05] or [3:27:05] statement [3:27:06] for [3:27:07] three [3:27:08] minutes [3:27:08] thank you [3:27:09] Mr. [3:27:10] Chairman [3:27:10] first of [3:27:11] all good [3:27:11] afternoon [3:27:11] Senator [3:27:12] Pulfo [3:27:13] good [3:27:14] afternoon [3:27:14] Senator [3:27:14] Wynn [3:27:15] Senator [3:27:15] Yerisa [3:27:16] and Tiveros [3:27:17] thank you [3:27:17] for the [3:27:18] opportunity [3:27:18] to provide [3:27:19] our small [3:27:20] input [3:27:21] to this [3:27:21] hearing [3:27:22] this [3:27:22] afternoon [3:27:22] and [3:27:23] earlier [3:27:23] this [3:27:23] morning [3:27:24] so [3:27:24] first [3:27:25] of [3:27:25] all [3:27:25] marami [3:27:28] na [3:27:28] pong [3:27:28] na [3:27:29] discuss [3:27:29] earlier [3:27:30] with regard [3:27:30] to [3:27:30] system [3:27:31] laws [3:27:31] and [3:27:31] all [3:27:31] of [3:27:31] this [3:27:32] but [3:27:33] in [3:27:34] all [3:27:35] of [3:27:35] this [3:27:35] since [3:27:36] we [3:27:36] are [3:27:36] working [3:27:36] in a [3:27:37] free [3:27:37] economy [3:27:38] there [3:27:39] has [3:27:39] always [3:27:40] been [3:27:40] a [3:27:40] private [3:27:41] entity [3:27:41] and [3:27:41] a [3:27:42] regulator [3:27:42] but [3:27:43] from [3:27:44] what [3:27:44] we [3:27:44] can [3:27:45] see [3:27:46] there [3:27:47] has [3:27:48] been [3:27:48] some [3:27:48] sort [3:27:48] of [3:27:49] lacking [3:27:49] characteristics [3:27:51] or [3:27:51] categories [3:27:52] by which [3:27:52] we [3:27:53] determine [3:27:53] if [3:27:54] the [3:27:54] private [3:27:54] entities [3:27:55] are [3:27:55] compliant [3:27:56] or [3:27:56] are [3:27:57] up [3:27:57] to [3:27:57] our [3:27:57] standards [3:27:58] by which [3:27:59] they [3:27:59] provide [3:27:59] their [3:28:00] service [3:28:00] just [3:28:01] to [3:28:02] balance [3:28:02] between [3:28:02] a [3:28:03] regulator [3:28:03] and [3:28:03] a [3:28:03] private [3:28:04] entity [3:28:04] it [3:28:04] will [3:28:04] always [3:28:05] it [3:28:05] will [3:28:06] also [3:28:06] be [3:28:06] for [3:28:06] the [3:28:07] benefit [3:28:07] of [3:28:07] all [3:28:07] so [3:28:08] in [3:28:09] the [3:28:09] private [3:28:09] sector [3:28:09] this [3:28:10] is [3:28:10] if [3:28:11] I [3:28:11] may [3:28:11] suggest [3:28:12] for [3:28:12] private [3:28:12] sector [3:28:12] this [3:28:13] is [3:28:13] term [3:28:13] service [3:28:14] level [3:28:15] agreement [3:28:15] so [3:28:16] we [3:28:16] agree [3:28:17] on [3:28:17] by which [3:28:18] we [3:28:18] determine [3:28:19] if [3:28:19] the [3:28:20] service [3:28:20] providers [3:28:21] are [3:28:22] compliant [3:28:23] or not [3:28:24] and [3:28:24] in [3:28:24] conjunction [3:28:25] to [3:28:25] that [3:28:25] if [3:28:26] I [3:28:26] may [3:28:26] also [3:28:26] suggest [3:28:27] is [3:28:27] of [3:28:27] course [3:28:28] we [3:28:28] need [3:28:28] in [3:28:29] a [3:28:29] free [3:28:29] economy [3:28:29] we [3:28:30] need [3:28:30] a [3:28:30] strong [3:28:31] regulatory [3:28:31] agency [3:28:32] or [3:28:32] regulator [3:28:33] so [3:28:34] this [3:28:34] is [3:28:34] where [3:28:34] we [3:28:35] come [3:28:35] in [3:28:35] for [3:28:35] the [3:28:35] ERC [3:28:36] and [3:28:36] the [3:28:36] efforts [3:28:37] of [3:28:37] this [3:28:37] committee [3:28:38] to [3:28:39] provide [3:28:39] a [3:28:39] stronger [3:28:40] regulatory [3:28:40] agency [3:28:41] as [3:28:41] ERC [3:28:42] DO [3:28:42] or [3:28:42] NAYA [3:28:43] so [3:28:43] what [3:28:44] we [3:28:45] suggest [3:28:45] is [3:28:45] that [3:28:46] maybe [3:28:46] in [3:28:47] the [3:28:47] earlier [3:28:48] discussion [3:28:48] for [3:28:49] example [3:28:49] we [3:28:50] were [3:28:50] only [3:28:50] talking [3:28:51] about [3:28:51] the [3:28:51] audit [3:28:51] of [3:28:52] the [3:28:52] ERC [3:28:52] on [3:28:52] the [3:28:52] fuel [3:28:53] pass [3:28:53] if [3:28:54] the [3:28:55] gen [3:28:56] coast [3:28:56] passed [3:28:57] on [3:28:57] to [3:28:57] the [3:28:57] computed [3:28:58] their [3:28:58] fuel [3:28:59] pass [3:28:59] correctly [3:29:00] but [3:29:01] maybe [3:29:01] we [3:29:01] can [3:29:02] go [3:29:02] a [3:29:03] little [3:29:03] bit [3:29:04] further [3:29:04] by [3:29:05] providing [3:29:05] a [3:29:05] mechanism [3:29:06] or [3:29:06] a [3:29:07] process [3:29:07] by [3:29:07] which [3:29:08] ERC [3:29:09] can [3:29:09] impose [3:29:10] penalties [3:29:10] and [3:29:10] fines [3:29:11] rather [3:29:12] than [3:29:12] just [3:29:12] refund [3:29:13] so [3:29:14] that's [3:29:15] all [3:29:15] Mr. [3:29:15] Chair [3:29:15] Thank [3:29:16] you [3:29:16] Thank [3:29:16] you [3:29:16] Attorney [3:29:17] Gonzo [3:29:18] next [3:29:18] representative [3:29:20] from [3:29:21] the [3:29:21] Japanese [3:29:22] Chamber [3:29:23] of [3:29:23] Commerce [3:29:23] Mr. [3:29:24] Robago [3:29:24] you have [3:29:25] three minutes [3:29:25] Good [3:29:26] afternoon [3:29:26] Mr. [3:29:27] Chair [3:29:27] and [3:29:28] Senators [3:29:29] good [3:29:29] afternoon [3:29:29] For [3:29:30] over [3:29:30] five [3:29:31] decades [3:29:31] the [3:29:31] Japanese [3:29:32] Chamber [3:29:32] of [3:29:33] Commerce [3:29:33] and [3:29:33] Industry [3:29:34] here [3:29:34] in the [3:29:34] Philippines [3:29:34] has [3:29:35] remained [3:29:35] committed [3:29:36] to [3:29:36] strengthening [3:29:36] and [3:29:37] enduring [3:29:37] economic [3:29:38] partnership [3:29:39] between [3:29:40] Japan [3:29:40] and the [3:29:40] Philippines [3:29:41] Today [3:29:42] our [3:29:42] chamber [3:29:42] represents [3:29:43] over [3:29:44] seven [3:29:44] almost [3:29:45] 700 [3:29:45] Japanese [3:29:46] companies [3:29:46] and [3:29:47] affiliated [3:29:48] organizations [3:29:49] and [3:29:50] they [3:29:50] all [3:29:50] watch [3:29:51] out [3:29:51] for [3:29:51] energy [3:29:52] costs [3:29:52] and [3:29:52] predictability [3:29:53] here [3:29:53] in the [3:29:54] Philippines [3:29:54] In [3:29:55] fact [3:29:55] we [3:29:55] employ [3:29:55] more [3:29:56] than [3:29:56] 300,000 [3:29:57] Filipinos [3:29:57] here [3:29:57] in the [3:29:58] Philippines [3:29:58] We [3:29:59] would [3:30:00] like [3:30:00] to [3:30:01] manifest [3:30:01] that [3:30:03] reliable [3:30:04] affordable [3:30:05] and [3:30:05] sustainable [3:30:06] electricity [3:30:07] remains [3:30:08] one [3:30:08] of [3:30:08] the [3:30:08] most [3:30:09] important [3:30:09] considerations [3:30:10] for [3:30:11] Japanese [3:30:12] companies [3:30:12] operating [3:30:13] and [3:30:13] investing [3:30:14] in [3:30:14] the [3:30:14] Philippines [3:30:14] Energy [3:30:15] costs [3:30:16] directly [3:30:16] affect [3:30:17] the [3:30:17] competitiveness [3:30:18] of [3:30:19] manufacturers [3:30:19] exporters [3:30:20] logistics [3:30:21] providers [3:30:23] and [3:30:23] other [3:30:23] industries [3:30:24] that [3:30:24] contribute [3:30:25] to [3:30:26] employment [3:30:26] tech [3:30:28] transfer [3:30:28] and [3:30:28] economic [3:30:29] growth [3:30:29] So [3:30:30] we [3:30:31] at [3:30:31] the [3:30:31] Japanese [3:30:31] chamber [3:30:32] support [3:30:33] reforms [3:30:34] that [3:30:35] strengthen [3:30:35] the [3:30:36] country's [3:30:36] power [3:30:36] sector [3:30:37] by [3:30:38] promoting [3:30:38] competition [3:30:39] improving [3:30:40] regulatory [3:30:41] efficiency [3:30:41] and [3:30:43] encouraging [3:30:43] timely [3:30:44] investment [3:30:45] in [3:30:45] power [3:30:46] infrastructure [3:30:46] As [3:30:48] the [3:30:49] Philippines [3:30:49] continue [3:30:50] to [3:30:51] attract [3:30:51] high [3:30:51] value [3:30:52] manufacturing [3:30:53] and [3:30:54] strategic [3:30:54] investments [3:30:55] we all [3:30:55] know [3:30:56] that [3:30:56] maintaining [3:30:57] a stable [3:30:58] predictable [3:30:59] energy [3:30:59] environment [3:31:00] is equally [3:31:01] important [3:31:01] We [3:31:03] encourage [3:31:03] that the [3:31:04] amendments [3:31:05] to the [3:31:05] APERA [3:31:05] be guided [3:31:07] by the [3:31:07] principles [3:31:07] of [3:31:08] regulatory [3:31:09] certainty [3:31:10] pair [3:31:11] competition [3:31:11] and [3:31:12] meaningful [3:31:13] stakeholder [3:31:14] consultation [3:31:15] These [3:31:16] will [3:31:16] help [3:31:16] sustain [3:31:17] investor [3:31:18] confidence [3:31:19] while [3:31:19] advancing [3:31:20] the [3:31:21] shared [3:31:21] objective [3:31:21] of [3:31:22] ensuring [3:31:23] reliable [3:31:23] affordable [3:31:24] and [3:31:24] sustainable [3:31:25] electricity [3:31:26] for [3:31:26] consumers [3:31:27] and [3:31:27] businesses [3:31:28] alike [3:31:28] The [3:31:29] Japanese [3:31:30] chamber [3:31:30] and also [3:31:31] the [3:31:31] joint [3:31:31] foreign [3:31:32] chambers [3:31:32] looks [3:31:34] forward [3:31:34] to [3:31:35] continuing [3:31:36] to work [3:31:37] with the [3:31:37] Congress [3:31:38] and the [3:31:38] relevant [3:31:39] government [3:31:39] agencies [3:31:40] in support [3:31:41] of these [3:31:41] objectives [3:31:42] Thank you [3:31:42] very much [3:31:43] for the [3:31:43] consideration [3:31:43] Thank you [3:31:45] Mr. [3:31:45] Abago [3:31:45] Center [3:31:49] for [3:31:49] Energy [3:31:50] Research [3:31:50] and Policy [3:31:51] You have [3:31:52] three minutes [3:31:53] sir [3:31:53] Thank you [3:31:54] Mr. [3:31:54] Chair [3:31:54] Good [3:31:55] afternoon [3:31:55] The [3:31:56] Center [3:31:56] for [3:31:57] Energy [3:31:57] Ecology [3:31:58] and [3:31:58] Development [3:31:58] has [3:31:59] been [3:31:59] engaging [3:31:59] issues [3:32:00] in the [3:32:01] power [3:32:01] and [3:32:01] energy [3:32:01] sectors [3:32:02] in the [3:32:03] past [3:32:03] decade [3:32:03] alongside [3:32:04] consumer [3:32:05] groups [3:32:05] and [3:32:05] other [3:32:06] CSOs [3:32:06] towards [3:32:07] promoting [3:32:08] clean [3:32:08] and affordable [3:32:09] renewable [3:32:09] energy [3:32:10] Many [3:32:11] of the [3:32:11] issues [3:32:11] mentioned [3:32:12] in the [3:32:12] previous [3:32:12] hearing [3:32:13] and even [3:32:13] today [3:32:13] like [3:32:14] pass-through [3:32:15] costs [3:32:15] annual [3:32:16] outages [3:32:16] and [3:32:17] issues [3:32:17] on [3:32:17] market [3:32:18] pollution [3:32:18] have [3:32:19] been [3:32:19] part [3:32:20] of [3:32:20] the [3:32:20] issues [3:32:20] that [3:32:20] we've [3:32:21] been [3:32:21] engaging [3:32:21] We [3:32:22] welcome [3:32:22] these [3:32:23] hearings [3:32:23] which [3:32:24] seek [3:32:24] to [3:32:25] discuss [3:32:25] APERA [3:32:25] a 25 [3:32:26] year [3:32:27] legislation [3:32:27] that we [3:32:28] believe [3:32:28] has [3:32:28] failed [3:32:29] in [3:32:29] bringing [3:32:29] about [3:32:30] affordable [3:32:30] electricity [3:32:31] for [3:32:32] Filipinos [3:32:32] We [3:32:33] have [3:32:33] submitted [3:32:34] our [3:32:34] position [3:32:34] paper [3:32:35] and [3:32:35] complete [3:32:35] presentation [3:32:36] for [3:32:36] the [3:32:37] reference [3:32:37] of [3:32:37] the [3:32:37] committee [3:32:38] but [3:32:39] for the [3:32:39] sake of [3:32:39] brevity [3:32:39] we [3:32:40] would [3:32:40] like [3:32:40] to [3:32:40] share [3:32:41] just [3:32:41] three [3:32:41] points [3:32:42] today [3:32:42] The [3:32:43] first [3:32:43] point [3:32:44] is [3:32:44] the [3:32:44] reason [3:32:44] behind [3:32:45] the [3:32:45] high [3:32:45] electricity [3:32:45] rates [3:32:46] which [3:32:47] is [3:32:47] the [3:32:47] result [3:32:47] of [3:32:47] continued [3:32:48] dependence [3:32:48] on [3:32:48] fossil [3:32:49] fuels [3:32:49] much [3:32:50] of [3:32:50] which [3:32:50] are [3:32:51] imported [3:32:51] counter [3:32:52] to [3:32:52] the [3:32:53] objective [3:32:53] of [3:32:53] APERA [3:32:54] to [3:32:54] generate [3:32:54] affordable [3:32:55] rates [3:32:55] data [3:32:56] since [3:32:56] the [3:32:57] start [3:32:57] of [3:32:57] the [3:32:57] decade [3:32:58] and [3:32:58] through [3:32:58] the [3:32:58] two [3:32:59] wars [3:32:59] show [3:33:00] that [3:33:00] electricity [3:33:00] rates [3:33:01] have [3:33:01] only [3:33:02] continued [3:33:02] to [3:33:03] increase [3:33:03] residential [3:33:04] rates [3:33:05] of [3:33:05] Meralco [3:33:10] and observe [3:33:10] this [3:33:11] across [3:33:11] the [3:33:11] country [3:33:12] as [3:33:12] well [3:33:12] As [3:33:13] mentioned [3:33:13] in the [3:33:14] earlier [3:33:14] discussion [3:33:14] a [3:33:15] large [3:33:15] portion [3:33:15] of [3:33:16] our [3:33:16] electricity [3:33:16] bills [3:33:17] come [3:33:18] from [3:33:18] the [3:33:18] generation [3:33:19] sector [3:33:19] or [3:33:20] rather [3:33:20] generation [3:33:20] rate [3:33:21] component [3:33:21] where [3:33:22] RE [3:33:23] sources [3:33:23] play [3:33:24] around [3:33:24] 4 to [3:33:25] 6 [3:33:25] pesos [3:33:25] while [3:33:26] fossil [3:33:27] fuel [3:33:27] sources [3:33:27] generate [3:33:28] at [3:33:28] the [3:33:28] rate [3:33:28] of [3:33:29] up [3:33:29] to [3:33:29] 9 [3:33:29] pesos [3:33:29] As [3:33:31] one [3:33:31] of [3:33:31] our [3:33:31] recommendations [3:33:32] we [3:33:32] should [3:33:33] prioritize [3:33:34] RE [3:33:34] development [3:33:35] as [3:33:36] opposed [3:33:36] to [3:33:36] technological [3:33:37] neutral [3:33:38] stance [3:33:39] given [3:33:39] the [3:33:39] benefits [3:33:40] of [3:33:40] RE [3:33:40] in [3:33:41] reducing [3:33:41] generation [3:33:42] rates [3:33:42] The [3:33:43] second [3:33:44] reason [3:33:44] behind [3:33:44] high [3:33:45] electricity [3:33:45] rates [3:33:46] are [3:33:47] pass-through [3:33:47] costs [3:33:48] which [3:33:48] particularly [3:33:49] include [3:33:50] fossil [3:33:50] fuel [3:33:51] costs [3:33:52] The [3:33:52] removal [3:33:53] of [3:33:53] system [3:33:53] loss [3:33:54] is [3:33:54] very [3:33:55] welcome [3:33:55] and [3:33:56] the [3:33:56] discussion [3:33:56] that [3:33:56] opened [3:33:57] up [3:33:57] a [3:33:57] while [3:33:57] ago [3:33:58] covering [3:33:59] what [3:33:59] components [3:34:00] of [3:34:00] the [3:34:00] generation [3:34:00] charge [3:34:01] are [3:34:01] being [3:34:01] passed [3:34:02] on [3:34:02] is [3:34:02] also [3:34:03] welcome [3:34:03] These [3:34:04] are [3:34:04] exorbitant [3:34:05] costs [3:34:05] passed [3:34:05] on [3:34:06] to [3:34:06] electric [3:34:06] consumers [3:34:07] While [3:34:07] private [3:34:08] generation [3:34:08] companies [3:34:09] profit [3:34:10] from [3:34:10] electricity [3:34:11] generation [3:34:12] selling [3:34:13] electricity [3:34:13] electric [3:34:14] consumers [3:34:15] unfortunately [3:34:15] have no [3:34:16] share [3:34:16] on those [3:34:17] profits [3:34:18] However [3:34:18] when it [3:34:20] comes to [3:34:21] the risks [3:34:21] attributed [3:34:22] to imported [3:34:23] fossil fuels [3:34:23] electric [3:34:24] consumers [3:34:25] shoulder that [3:34:26] burden [3:34:26] This has [3:34:27] long been [3:34:28] questioned [3:34:28] by consumer [3:34:29] groups [3:34:29] especially [3:34:30] now that [3:34:30] the consumers [3:34:31] are reeling [3:34:31] from the [3:34:32] impacts [3:34:32] of the [3:34:32] energy [3:34:33] crisis [3:34:33] In fact [3:34:34] according [3:34:35] to the [3:34:36] Philippine [3:34:36] Institute [3:34:37] of [3:34:37] Development [3:34:37] studies [3:34:38] the energy [3:34:41] crisis [3:34:41] may push [3:34:42] up to [3:34:42] 3.1 [3:34:43] million [3:34:43] Filipinos [3:34:44] into [3:34:44] poverty [3:34:44] Pass-through [3:34:46] should be [3:34:46] prohibited [3:34:47] and [3:34:47] straight [3:34:48] pricing [3:34:48] should be [3:34:49] mandated [3:34:49] instead [3:34:50] We are [3:34:51] part of [3:34:51] groups [3:34:52] that have [3:34:52] questioned [3:34:53] and asked [3:34:53] for the [3:34:54] adoption [3:34:54] of [3:34:54] straight [3:34:55] pricing [3:34:55] in the [3:34:56] terms [3:34:56] of [3:34:56] power [3:34:57] supply [3:34:57] agreements [3:34:57] but [3:34:58] unfortunately [3:34:59] pass-through [3:35:00] is still [3:35:00] allowed [3:35:01] today [3:35:01] One last [3:35:03] point [3:35:03] in the [3:35:03] interest [3:35:03] of time [3:35:04] is the [3:35:08] need [3:35:08] to [3:35:08] prohibit [3:35:09] cross [3:35:09] ownership [3:35:09] and to [3:35:11] raise [3:35:11] the [3:35:11] threshold [3:35:12] that [3:35:12] limits [3:35:12] market [3:35:13] concentration [3:35:13] in the [3:35:14] grid [3:35:14] that [3:35:15] aims [3:35:15] to [3:35:15] prevent [3:35:16] price [3:35:18] manipulation [3:35:18] and [3:35:19] market [3:35:19] collusion [3:35:19] Data [3:35:20] shows [3:35:21] that [3:35:21] our [3:35:21] grids [3:35:21] are [3:35:22] annually [3:35:22] subjected [3:35:23] to [3:35:23] prolonged [3:35:24] outages [3:35:25] Penalties [3:35:26] should [3:35:27] be [3:35:27] increased [3:35:27] and [3:35:28] sanctions [3:35:28] placed [3:35:28] on [3:35:29] those [3:35:29] that [3:35:30] go [3:35:30] on [3:35:30] prolonged [3:35:30] outages [3:35:31] far [3:35:31] beyond [3:35:32] the [3:35:32] imposed [3:35:34] limitations [3:35:35] Thank [3:35:35] you [3:35:36] Mr. [3:35:36] Chair [3:35:36] Thank [3:35:37] you [3:35:37] Mr. [3:35:38] Andres [3:35:38] SP [3:35:39] do you [3:35:39] have [3:35:40] a [3:35:40] closing [3:35:40] statement [3:35:40] or [3:35:41] Senator [3:35:41] Arisa [3:35:42] we're [3:35:44] good [3:35:45] okay [3:35:45] I just [3:35:46] have [3:35:46] one [3:35:47] question [3:35:48] for [3:35:48] Attorney [3:35:48] Juan [3:35:49] Attorney [3:35:49] Juan [3:35:49] kung [3:35:50] i-unbundle [3:35:50] natin [3:35:51] yung [3:35:51] generation [3:35:52] cost [3:35:52] sa [3:35:53] electric [3:35:53] bill [3:35:53] do you [3:35:54] think [3:35:54] malalaman [3:35:55] natin [3:35:56] kung [3:35:56] magkano [3:35:56] yung [3:35:56] kuha [3:35:57] nila [3:35:57] magkano [3:35:58] yung [3:35:58] profit [3:35:58] nila [3:35:59] will [3:36:00] you [3:36:00] be [3:36:00] able [3:36:00] to [3:36:00] do [3:36:01] that [3:36:01] then [3:36:01] therefore [3:36:02] makikita [3:36:02] ninyo [3:36:03] you can [3:36:03] control [3:36:04] your [3:36:04] profit [3:36:04] margin [3:36:05] siguro [3:36:06] if we [3:36:06] unbundle [3:36:07] this [3:36:07] unbundling [3:36:09] of the [3:36:10] generation [3:36:11] cost [3:36:11] doon po [3:36:12] sa [3:36:13] regulasyon [3:36:14] ng [3:36:14] ERC [3:36:14] ngayon [3:36:15] nirequire [3:36:15] natin [3:36:16] ang [3:36:16] bawat [3:36:16] distribution [3:36:17] utility [3:36:17] na [3:36:18] i-post [3:36:18] sa kanilang [3:36:19] mga [3:36:19] websites [3:36:20] yung [3:36:20] kanilang [3:36:21] generation [3:36:22] suppliers [3:36:23] at kung [3:36:24] magkano [3:36:24] ang kuha [3:36:25] at kung [3:36:26] gaano [3:36:26] kadami [3:36:26] ang [3:36:27] kinuha [3:36:27] nila [3:36:28] bawat [3:36:28] buwan [3:36:28] so [3:36:29] makikita [3:36:29] po [3:36:29] natin [3:36:30] dito [3:36:30] yung [3:36:30] aktual [3:36:31] na [3:36:31] ibinabayad [3:36:33] sa kanya [3:36:33] ng kanilang [3:36:34] mga [3:36:34] kakontratang [3:36:36] distribution [3:36:36] utilities [3:36:37] pwede po [3:36:38] natin [3:36:38] naman [3:36:39] na makita [3:36:39] ikumpara [3:36:40] rin [3:36:40] ito [3:36:40] doon [3:36:41] sa kanilang [3:36:41] mga [3:36:41] annual [3:36:42] report [3:36:43] na [3:36:43] sinusumite [3:36:43] sa [3:36:44] komisyon [3:36:45] at [3:36:45] isusuman [3:36:46] natin [3:36:46] kung [3:36:47] magkano [3:36:47] yung [3:36:47] kanilang [3:36:48] benta [3:36:48] sa kanilang [3:36:49] mga [3:36:49] kakontrata [3:36:50] at more [3:36:50] or less [3:36:51] makita [3:36:52] din [3:36:52] natin [3:36:53] kung [3:36:53] magkano [3:36:53] ang [3:36:53] kinikita [3:36:54] po [3:36:54] ng [3:36:54] ating [3:36:55] mga [3:36:55] generation [3:36:55] companies [3:36:56] Thank you [3:36:57] Attorney [3:36:57] Juan [3:36:57] Yusek [3:36:59] Inosensio [3:36:59] and [3:37:00] Attorney [3:37:01] Rosero [3:37:02] Lee [3:37:02] will have [3:37:04] one more [3:37:04] hearing [3:37:05] pertaining [3:37:05] to this [3:37:06] systems [3:37:07] laws [3:37:08] kailangan [3:37:08] po natin [3:37:08] madaliin [3:37:09] ito [3:37:09] you guys [3:37:11] really [3:37:11] have to [3:37:12] talk to [3:37:13] each other [3:37:13] and communicate [3:37:14] with us [3:37:15] we have [3:37:15] a mission [3:37:16] here [3:37:16] kailangan [3:37:17] kailangan [3:37:17] na po [3:37:18] mga [3:37:18] kababayan [3:37:18] natin [3:37:19] para [3:37:19] hindi [3:37:19] na po [3:37:20] nahihirapan [3:37:20] sobrang [3:37:22] kahirap [3:37:22] na po [3:37:22] ito [3:37:23] go ahead [3:37:24] Sir [3:37:25] Risa [3:37:25] Nagdag [3:37:26] po [3:37:26] dyan [3:37:26] Mr. [3:37:26] Chair [3:37:27] diba [3:37:27] may kasabihan [3:37:28] na [3:37:28] if it [3:37:28] ain't [3:37:29] broke [3:37:29] don't [3:37:29] fix [3:37:30] it [3:37:30] pero [3:37:31] simula [3:37:32] dito [3:37:32] sa [3:37:33] pagtatanggal [3:37:34] ng [3:37:34] system [3:37:34] laws [3:37:35] charge [3:37:35] at [3:37:35] VAT [3:37:36] sa [3:37:36] system [3:37:36] laws [3:37:37] charge [3:37:37] sa [3:37:38] bill [3:37:39] ng [3:37:39] kuryente [3:37:39] ng [3:37:39] ating [3:37:40] mga [3:37:40] kababayan [3:37:41] I think [3:37:41] maganda [3:37:42] po [3:37:42] yung [3:37:42] direksyong [3:37:42] tinatahak [3:37:43] natin [3:37:44] na [3:37:45] dahil [3:37:45] hindi [3:37:46] naman [3:37:46] po [3:37:46] naganap [3:37:47] yung [3:37:47] pangako [3:37:47] ng [3:37:48] ipira [3:37:48] sa [3:37:49] loob [3:37:49] ng [3:37:50] quarter [3:37:50] of a [3:37:51] century [3:37:51] obviously [3:37:52] kailangan [3:37:53] po [3:37:53] talaga [3:37:54] nating [3:37:54] amyandahan [3:37:55] yan [3:37:55] kung [3:37:55] di [3:37:55] man [3:37:56] palitan [3:37:57] ng [3:37:57] isang [3:37:57] bagong [3:37:58] batas [3:37:59] na [3:37:59] gaganap [3:38:00] sa [3:38:00] pangako [3:38:01] niya [3:38:01] na [3:38:01] magkaroon [3:38:02] ng [3:38:02] kuryente [3:38:03] lahat [3:38:03] ng [3:38:03] Pilipino [3:38:04] at [3:38:04] the [3:38:05] least [3:38:05] cost [3:38:05] Salamat [3:38:06] Mr. [3:38:06] Chair [3:38:07] Thank you [3:38:07] Senrisa [3:38:08] Yan [3:38:09] ho yung [3:38:09] target [3:38:09] natin [3:38:10] Siguro [3:38:10] Attorney [3:38:11] Juan [3:38:12] and [3:38:12] Yusek [3:38:13] Rio [3:38:13] and [3:38:13] Attorney [3:38:14] Rosan [3:38:15] Siguro [3:38:16] you will [3:38:16] agree [3:38:16] with [3:38:16] me [3:38:16] Baka [3:38:17] pwede [3:38:17] natin [3:38:17] i-Christmas [3:38:18] gif [3:38:18] sa mga [3:38:18] tao [3:38:19] itong [3:38:19] systems [3:38:19] loss [3:38:20] na ito [3:38:20] is that [3:38:20] possible [3:38:21] we will [3:38:23] endeavor [3:38:24] Mr. [3:38:24] Chair [3:38:25] Attorney [3:38:25] Juan [3:38:26] yes [3:38:26] pa [3:38:26] from [3:38:29] Naya [3:38:29] we will [3:38:31] follow [3:38:31] the lead [3:38:32] of the [3:38:32] Department [3:38:32] of [3:38:32] Energy [3:38:33] and [3:38:33] years [3:38:33] thank [3:38:34] you [3:38:34] very [3:38:34] much [3:38:34] well [3:38:35] with [3:38:35] that [3:38:36] thank [3:38:36] you [3:38:36] to [3:38:36] all [3:38:36] our [3:38:36] resource [3:38:37] persons [3:38:37] for [3:38:37] your [3:38:37] valuable [3:38:38] insights [3:38:38] recommendations [3:38:39] and [3:38:39] contribution [3:38:40] to [3:38:40] this [3:38:41] discussion [3:38:41] the [3:38:42] committee [3:38:43] extends [3:38:43] its [3:38:43] appreciation [3:38:44] to [3:38:45] all [3:38:45] our [3:38:45] resource [3:38:45] persons [3:38:46] stakeholders [3:38:47] and [3:38:47] distinguished [3:38:48] colleagues [3:38:48] for [3:38:48] their [3:38:49] valuable [3:38:49] participation [3:38:50] and [3:38:50] meaningful [3:38:51] contribution [3:38:51] to [3:38:52] today's [3:38:52] deliberation [3:38:53] together [3:38:54] with [3:38:54] the [3:38:54] submission [3:38:55] and [3:38:55] discussions [3:38:55] from [3:38:56] the [3:38:56] hearing [3:38:56] conducted [3:38:57] on [3:38:57] July [3:38:57] 23 [3:38:58] today's [3:38:59] proceedings [3:38:59] have [3:39:00] further [3:39:00] enriched [3:39:00] the [3:39:00] committee's [3:39:01] understanding [3:39:01] of the [3:39:02] issues [3:39:03] and [3:39:03] proposed [3:39:04] reforms [3:39:04] relating [3:39:05] to [3:39:05] EPIRA [3:39:06] the [3:39:06] secretariat [3:39:07] is [3:39:07] directed [3:39:08] to [3:39:08] consolidate [3:39:08] all [3:39:09] position [3:39:09] papers [3:39:09] comments [3:39:10] recommendations [3:39:11] and [3:39:11] additional [3:39:12] submission [3:39:12] received [3:39:13] in [3:39:13] connection [3:39:14] with [3:39:14] this [3:39:14] hearing [3:39:14] for [3:39:15] the [3:39:15] committee [3:39:15] review [3:39:15] and [3:39:16] evaluation [3:39:17] for [3:39:18] those [3:39:18] who have [3:39:18] not yet [3:39:18] submitted [3:39:19] their [3:39:19] position [3:39:19] paper [3:39:20] supplemental [3:39:20] comments [3:39:21] we respectfully [3:39:22] request that [3:39:23] they be [3:39:23] forwarded to [3:39:24] the committee [3:39:24] at the [3:39:25] soonest [3:39:26] possible [3:39:26] time [3:39:27] and [3:39:28] I'd like [3:39:29] to announce [3:39:29] that on [3:39:30] Friday [3:39:30] next week [3:39:31] there will [3:39:31] be another [3:39:31] hearing [3:39:32] pertaining [3:39:33] to this [3:39:33] systems [3:39:34] loss [3:39:35] there being [3:39:36] no further [3:39:36] matters to [3:39:36] discuss [3:39:37] this hearing [3:39:37] is hereby [3:39:38] suspended [3:39:38] thank you [3:39:39] and have [3:39:40] a pleasant [3:39:40] day [3:39:40] to [3:39:40] everyone