Manila Electric Company (MERALCO) Chairman Manny V. Pangilinan on Wednesday urged Filipinos to curb electricity use as global fuel prices and Middle East tensions threaten power supply.
“MERALCO will review its current fuel position – especially LNG, the likely impact on the price of coal, the price of diesel – as these may affect price of power prices,” Pangilinan said.
He stressed that the company’s priority is securing supply and shielding consumers from rising costs.
“We want to ensure adequate supply of power and manage price volatility as responsibly as possible. Have made it clear to the team that we must help protect consumers as cost of goods rises globally.”
Pointing to the Middle East conflict, Pangilinan noted its effect on imported fuel critical to generation.
“It would also help if we’re mindful of our electricity consumption as the war in the Middle East continues… we can all help to have enough power to get through the next few weeks if we conserve power,” he wrote.