The onset of the dry season coincides with the nation grappling with the continued effects of El Niño, anticipated to persist until May, according to national weather bureau PAGASA.
Now, with greater urgency than ever before, it is crucial for Filipinos to acknowledge the significance of embracing smarter electricity usage practices and embracing “bayanihan” to effectively manage the surge in energy demand. The government must persist in proactively engaging all energy industry stakeholders and aggressively communicating the advantages of participating in the ILP to the business sector. Notably, in the Meralco franchise area alone, over 100 companies are enrolled in the ILP, collectively contributing more than 500 megawatts of de-loading capacity.
Embracing energy efficiency not only aids in demand-side management but also offers economic benefits, empowering households to have better control over their electricity bills. The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation...
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