PUERTO PRINCESA CITY, Palawan— The Palawan Electric Cooperative (Paleco) assured customers that there will be no power rate increase and that the delivery of services will remain uninterrupted despite rising fuel costs. Paleco General Manager Rez Contrivida said that the oil crisis will hardly affect their operation, emphasizing that electricity rates will not be affected even if fuel prices go as high as P200 per liter. He said the impact will only be felt in the Universal Charge for Missionary Electrification (UCME) subsidy being paid by National Power Corporation (Napocor) to the independent power producers (IPPs) supplying electricity to Paleco […]... Keep on reading: Palawan electric coop assures no rate hike even as fuel prices rise