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Business

PEDC lights up Iloilo

The Philippine Star

MANILA, Philippines - The province of Iloilo was spared from power outages during the Christmas season, even as some areas in Leyte and Samar are experiencing rotating power outages as full restoration of electricity continues, according to power distributor Panay Energy Development Corp. (PEDC).

City centers of some 320 municipalities in the two provinces are already connected to the grid as Energy Secretary Carlos Jericho Petilla imposed a Dec. 24 deadline for the restoration of electricity in the said areas.

Although there were three municipalities that were not energized on Dec. 24, they have now been energized. These are the municipalities of Salcedo, Mercedes and Guian in Eastern Samar.

Cebu has reportedly been experiencing daily rotational brownouts ranging from one to two hours, PEDC said.

PEDC is a subsidiary of Global Business Power Corp., the power generation arm of the Metrobank Group led by taipan George Ty. Global Business is a member of the GT Capital Group of Companies, a member of the GT Capital Group.

In an advisory, PEDC said the Panay Electric Company, Inc. (PECO), which is connected to PEDC, continues to provide stable power supply to residents of Iloilo despite the onslaught of Super Typhoon Yolanda.

The franchise area of Panay Electric Company, Inc. (PECO) is located around Iloilo City. PECO customers are those who are enjoying uninterrupted power supply this Christmas season, PEDC said.

“Apart from stable supply, Iloilo City also enjoys reasonably priced electricity,” PEDC said.

 

CAPITAL GROUP

CAPITAL GROUP OF COMPANIES

EASTERN SAMAR

ENERGY SECRETARY CARLOS JERICHO PETILLA

GEORGE TY

GLOBAL BUSINESS

GLOBAL BUSINESS POWER CORP

ILOILO

ILOILO CITY

LEYTE AND SAMAR

PANAY ELECTRIC COMPANY

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