“Meralco has shown a strong dedication to social responsibility and universal service by making substantial progress toward the goal of 100 percent household electrification,” he said.
According to Ocampo, Meralco’s services were also crucial in times of natural disasters, citing its swift actions in restoring power and maintaining stability in typhoon-ravaged regions.
The franchise renewal would enable the power firm to continue enhancing its services to its customers and the timely completion of its capital-intensive projects, he said.
“This will secure the stability of the power sector and serve the best interests of the Filipino people and the Philippine economy,” the PEPOA president added.
“In view of the foregoing, PEPOA respectfully endorses the renewal of Meralco’s legislative franchise proposed under House Bills 9793, 9813 and 10317,” the group said.