Pointing out that the Philippines has time and time again been said to have one of the highest electricity rates in the world, Aurora Representative Juan Edgardo Angara said that the government should take steps to curb its electricity bill which is expected to cost P10 Billion next year. This is according to the budget allocation for utilities in the 2012 budget.
According to the article, the government pays about P1.25 million/hour on electricity and water costs which is enough to build a classroom (of which the Philippines also has a shortage of) every 30 minutes. He said that by lowering the utilities consumption by just 5% would result in a savings of P500 Million alone.
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