PEDC has best offer to coops
By: F. Allan L. Angelo
PANAY Energy Development Corp. (PEDC) offered the cheapest power rate to electric cooperatives, according to the Panay-Guimaras Power Supply Consortium (PPSC).
Engr. Wilfred Billena, PPSC president and general manager of Iloilo Electric Cooperative (ILECO) 1, said no other supplier matched the offer of PEDC, a subsidiary of Metrobank Group’s Global Business Power Corp. (GBPC), when they advertised their need for future power supply.
GBPC-PEDC operates a 164-megawatt (2x82MW) coal-fired power plant in LaPaz, Iloilo City and is currently constructing its third unit with a 150MW capacity.
Aside from ILECO 1, the PPSC is also composed of ILECOs II and III; Antique Electric Cooperative; Aklan Electric Cooperative; Capiz Electric Cooperative; and Guimaras Electric Cooperative.
On September 23, 2013, GBPC-PEDC made an initial offer of P5.1160 per kilowatt-hour (kWh) to PPSC.
Tax amnesty hikes province’s RPT take
By: Louine Hope Conserva
PERHAPS Iloilo City can learn some lessons on tax collection from its counterpart in the province.
The Iloilo provincial government increased its real property tax (RPT) collection in the first half of 2014 after implementing a tax amnesty.
This runs in contrast to Iloilo City’s plan to increase RPT values in order to shore up its coffers and fund social and infrastructure projects.
Based on data from the Provincial Treasurer’s Office (PTO), the Capitol has already collected a total of P231,105,989.95 from January to June 2014, higher by P58,256,267.14 compared to P172,849,722.81 collected in the same period last year.
The collection so far is 68.2 percent of the province’s target RPT collection for 2014 pegged at P338,690,727.48.
Stiffer fines await careless, rude drivers
By: Louine Hope Conserva
THE latest set of traffic rules issued by transportation authorities will also punish irresponsible and discourteous drivers.
The joint administrative order issued by the Department of Transportation and Communications (DOTC), Land Transportation Franchising and Regulatory Board (LTFRB) and Land Transportation Office (LTO) are imposing higher penalties on reckless, rude and abusive drivers.
Even the operators are not spared as they could also be fined up to P15, 000 or have their franchise cancelled for overcharging or undercharging; refusal to render service to the public or convey passenger to destination; and failure to provide proper body markings, among others.
For the first offense, the operators will be fined P5,000. The second offense will result in P10,000 fine and impounding of the vehicle for 30 days.
The third and subsequent offenses will result in P15,000 fine and cancellation of the certificate of public convenience (CPCs).