Ang isa sa mga dahilan kung bakit kakaunti ang mga pumapasok ng investors, both foreign and local, sa ating mga industriya ay ang napakamahal at unreliable na power supply sa bansa.
In fact, International Energy Consultants Managing Director and lead consultant Dr. John Morris, listed the Philippines as having the second most expensive power rate in Asia behind Japan (P12.31 per kWh); (Philippines (P8.96 per kWh);) Singapore (P8.83 per kWh; Hong Kong (P6.53 per kWh); and Thailand (P6.23 per kWh).
The country should free itself from the dependence on Fossil Fuel as the main source of our power and take a look at available renewable energy sources.
One of the my advocacies is the establishment of renewable energy source facilities which would make our rural electric cooperatives less dependent on the national power grids.
This advocacy is linked with another major advocacy which I had earlier explained, the National Water Management and Conservation Program which calls for the establishment of water catchments, medium-sized and mini-dams which could also be used for hydro-power generation.
Other renewable energy sources would be Solar Power and Wind Turbines which could be established in areas located outside of the power grid, especially in the many islands of the country.
Government must provide support funds for this program to prepare for the growth of industries in the countryside especially after the pandemic.
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