The country's high power costs have plagued the Philippines' ability to compete in the manufacturing sector and burdened Filipinos for decades
MANILA, Philippines – The country’s high power costs have plagued the Philippines’ ability to compete in the manufacturing sector and burdened Filipinos for decades.
The reasons are complex, while the policies that tried to address these issues ranged from reactive to populist to idealistic.
In the process, the electricity bill has been going up instead of becoming more affordable.
Watch this animated illustration to understand how the sins of the past, the capital intensive nature of the power industry, market forces, and moves for cleaner energy sources make their way into the electricy bill.
Rappler’s Lala Rimando reports, while artist Emil Mercado whips out this visual treat. – Rappler.com
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