Davao implemented the P500 subsidy for subscribers whose electric consumption is below 100 kw-hours/month for the month of October.
This was part of the government subsidy titled “Pantawid Kuryente: Katas ng VAT” whose goal was to help marginal consumers of electricity in this time of high fuel and commodities brought about by the high price of oil in the world market.
According to Davao Light, about 98,500 customers will be able to benefit from this bill.
The local electric service provider will notify the subsidy recipients through a credit memo and will print a separate line and an appropriate message in the text box of their electric bills.
If the customer’s bill is less than the P500 subsidy, the balance will carryover to his subsequent bills until it is fully applied.
Charged with undertaking the subsidy program is the Department of Social Welfare and Development (DSWD) tapped the services of Private Electric Plant Owners Association (PEPOA) where Davao Light is a member.
Davao Light and Power Co is a subsidiary of the Aboitiz Group of Companies who has investments in renewable energy as well as traditional energy sources.
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