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A meter reader from an electric company rides a bucket truck as he takes pictures of electric meters placecd high on an electric post for computations of power consumptions Saturday, March 24, 2012 in Manila, Philippines. Pic: AP.

Runaway power rates hit Socoteco II users

By Mon, May 28, 2012 11:40AM UTC Comments Off A meter reader from an electric company rides a bucket truck as he takes pictures of electric meters placecd high on an electric post for computations of power consumptions Saturday, March 24, 2012 in Manila, Philippines. Pic: AP.

Power rates of South Cotabato II Electric Cooperative (Socotecdo II) for the month of April are up by close to 15 percent over March after Therma Marine Inc. reportedly charged the electric cooperative over P106 million for last month’s billing alone. Electricity bills for the month of April cost at least P7.70 per kilowatthour, up...

On Socoteco-SEC power sales bid: Oppositors no show in ERC pre-trial hearing

By Sat, Mar 24, 2012 9:05AM UTC Comments Off

Opposition groups and intervenors in the power sales application between the South Cotabato II Electric Cooperative (Socoteco II) and Sarangani Energy Corporation (SEC) in the Philippines failed to appear in the March 22 pre-trial hearing set by the Energy Regulatory Commission prompting the energy body to reset the hearing for March 29. Only the lawyers...