The Energy Regulatory Commission (ERC) and Department of Social Welfare and Development (DSWD) are being urged to speed up the cleanup of the list of electric consumers eligible for the government's 'lifeline subsidy rate' to curb inflation.
The Energy Regulatory Commission and Department of Social Welfare and Development are being urged to accelerate the clean-up of the list of electric consumers entitled to the government’s “lifeline subsidy rate” to help tame the country’s rising inflation rate.
Based on the report of the Philippine Statistics Authority , electricity was among the commodities which precipitated the record-high inflation rate of 8.7 percent in January this year. The 4P list is under the tutelage of the DWSD, while the PSA has been updating “poverty threshold” on a per province and per district level across local governments.
The law stretching the lifeline rate subsidy until 2050 specifically stipulated that “in order to provide assistance to electricity consumers, especially those living below the poverty line, and to achieve a more equitable distribution of the lifeline subsidy, a socialized pricing mechanism called a ‘lifeline rate’ for qualified marginalized end-users shall be set by the ERC.”
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