San Fernando Electric Light and Power Co. (SFELAPCO) reaffirmed its commitment to ensuring stable and affordable electricity for the residents of Pampanga.
In a hearing with the Senate Committee on Energy, SFELAPCO’s senior vice president and general manager Jose Lazatin, explained that the implementation of its pending power supply agreement (PSA) with AP Renewables Inc. (APRI) is in adherence to ERC guidelines and aimed at providing the best interest of their customers, who have benefitted from the lowest electricity rates in the area.
Despite the challenges faced by the energy industry, Lazatin said that the company is willing to work with stakeholders to lower electricity rates while continuing to provide quality service at affordable prices to their fellow Pampanga residents.
SFELAPCO’s decision to implement the new PSA paid off as it helped keep electricity rates low and stable amid a global energy crisis.
The DOE approved SFELAPCO’s application for emergency power supply agreement (EPSA), which spared the residents of San Fernando from experiencing a dark Christmas season last year.
The DOE considered the fact that SFELAPCO is not a direct member of the WESM and would have no other source of supply if their PSA with APRI had terminated on December 25.
SFELAPCO remains optimistic that the hearing will pave the way for more policies that will benefit the energy industry.
