Power Firms Resist Mandate to Shoulder Half of Lifeline Subsidy Costs

Energy companies in the Philippines are pushing back against a proposed regulation that would require them to absorb 50% of the cost of lifeline subsidies for low-income electricity consumers. The subsidy, currently funded through a cross-subsidy mechanism, provides discounted rates to qualified households. Industry representatives argue that forcing power firms to foot half the bill would strain their finances and potentially lead to higher rates for other customers. The Department of Energy has yet to finalize the policy, pending further consultations.