MANILA, Philippines - First Gen Hydro Power Corp. (FGHPC), which owns and operates the Pantabangan-Masiway hydroelectric complex and supplies power to the Pantabangan Municipal Electric Services (PAMES), announced that by noon today, it will cut off power supply to the electric cooperative owned from by the Pantabangan municipal government in Nueva Ecija.
The FGHPC said it is constrained to take such measure after PAMES again failed to keep its account current. Unpaid power bills from July 2012 to December 2012 now amount to P8,762,405.58.
“We trust that the residents of Pantabangan will understand our decision. We are, in the meantime, exploring various options as to how we can assist in providing temporary electrical supply to critical institutions, such as the public schools in Pantabangan,†the FGHPC said in a statement.