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Peco virtually loses legislative franchise

Peco virtually loses legislative franchise.....»»

Category: financeSource: thestandard thestandardOct 12th, 2018

New power distributor looms in Iloilo

Errors in billing and overcharging have led to a 1,000 percent increase in charges being collected from electricity consumers in Iloilo City, prompting many congressmen to act against renewing the franchise for the city's power distributor. Rep. Franz Josef Alvarez, chair of the House committee on legislative franchises, said the 1,000 percent increase in consumers' bills as a result of failure by Panay Electric Co. (Peco) to rationalize its billing system was just one of several acts of incompetence that convinced congressmen to reject an extension of Peco's franchise. Peco has been distributing power in Iloilo City for the past 90 years. Its franchise expires in January next year...Keep on reading: New power distributor looms in Iloilo.....»»

Category: newsSource:  inquirerRelated NewsOct 7th, 2018

PECO-MMC TUG OF WAR: Mayor to abide by Congress’ decision

MAYOR Jose “Joe” Espinosa III said he leaves it to the Congress to decide on what firm should distribute electricity in Iloilo City. Espinosa made the statement after the House of Representatives’ committee on legislative franchises endorsed the franchise application of More Minerals Corp. (MMC) as Iloilo City’s new power distributor. MMC’s application will have […] The post PECO-MMC TUG OF WAR: Mayor to abide by Congress’ decision appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsSep 29th, 2018

PECO DIVIDES CITY HALL: PECO stakeholders face House committee

Iloilo City is divided on the renewal of Panay Electric Company’s (PECO) franchise as seen in the hearing of the House Committee on Legislative Franchises held at the House of Representatives, Quezon City, Nov. 22, 2017. City government branches from the executive and legislative as well as the business sector presented different stands to the […] The post PECO DIVIDES CITY HALL: PECO stakeholders face House committee appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsNov 22nd, 2017

SPLIT APPROACH: Council to present two position papers in PECO franchise hearing

THE Iloilo City Council, except for one member, is united in its stand to oppose the franchise renewal of the city’s sole power distributor, Panay Electric Company (PECO). But the council is divided on the way it will resist the franchise renewal in today’s hearing of House Bill 6023 by the House Committee on Legislative […] The post SPLIT APPROACH: Council to present two position papers in PECO franchise hearing appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsNov 21st, 2017

BE PREPARED: ‘Don’t use PECO as propaganda, political factor’

BE PREPARED, be really prepared. This was the advice of Panay Electric Company (PECO) to persons who espouse to the public that the government can take over in case it loses its congressional franchise. “That is the biggest promise that we heard so far – the takeover. How is it going to be done? It […] The post BE PREPARED: ‘Don’t use PECO as propaganda, political factor’ appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsNov 16th, 2017

‘ENOUGH IS ENOUGH’: Council wages all-out-war vs PECO

THE Sangguniang Panlungsod (SP) of Iloilo does not want another 25 years of service by Panay Electric Co. (PECO) the sole power distributor in the city. But before the body arrived in a “united” opposition to PECO’s application to renew its franchise before the House Committee on Legislative Franchises, the councilors were locked in a […] The post ‘ENOUGH IS ENOUGH’: Council wages all-out-war vs PECO appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsNov 15th, 2017

‘Hear PECO’s franchise application in Iloilo City’

THE Iloilo City Council asked the House of Representatives to hold a public hearing in Iloilo City relative to the application for renewal of franchise of Panay Electric Company, Inc. (PECO). The body unanimously approved Nov 7, 2017 the resolution of Councilor Joshua Alim asking the House Committee on Legislative Franchises to hold its public […] The post ‘Hear PECO’s franchise application in Iloilo City’ appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsNov 8th, 2017

Level playing field in energy

From among the many franchise bills pending before the 17th Congress, the proposed Solar Para sa Bayan Corp. (SPSBC) submitted for approval became literally the most hotly debated legislative measure......»»

Category: newsSource:  philstarRelated News22 hr. 10 min. ago

Smart says proposed common tower policy violates its franchise

SMART Communications, Inc. said the proposed policy on common towers violates its legislative franchise, which gave PLDT, Inc.’s wireless unit the right to build its own telecommunications towers. The post Smart says proposed common tower policy violates its franchise appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 16th, 2018

‘POWER TUG-OF-WAR’: Biz club asks Congress to keep Ilonggo consumers in mind

THE Iloilo Business Club (IBC) appealed to Congress to put Ilonggo consumers on top of their minds in choosing the company that will distribute power in Iloilo City. Congress is currently deliberating on two franchise applications. One is the franchise renewal of Panay Electric Company (PECO), the existing distributor in the city. Its 25-year franchise […] The post ‘POWER TUG-OF-WAR’: Biz club asks Congress to keep Ilonggo consumers in mind appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsOct 14th, 2018

Groups hit power franchise tug-of-war

By: Emme Rose Santiagudo LABOR and consumer groups marched on the streets of Iloilo City to protest the franchise applications of two privately owned power distribution companies, Panay Electric Company (PECO) and MORE Electric and Power Corp (MORE Power). “Ang PECO napamatud-an naton nga hindi siya efficient magpadalagan sang power distribution kay profit oriented and wala sila naga serve sa interest sang consumers. […] The post Groups hit power franchise tug-of-war appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsOct 11th, 2018

House OKs franchise for Iloilo power company

The House of Representatives approved on third and final reading on Monday night a bill granting More Minerals Corp. a franchise to distribute electricity in Iloilo City, now serviced by Panay Electric Co. (Peco). Source link link: House OKs franchise for Iloilo power company.....»»

Category: newsSource:  manilainformerRelated NewsOct 10th, 2018

House OKs franchise for Iloilo power company

The House of Representatives approved on third and final reading on Monday night a bill granting More Minerals Corp. a franchise to distribute electricity in Iloilo City, now serviced by Panay Electric Co. (Peco)......»»

Category: newsSource:  philstarRelated NewsOct 10th, 2018

Rally at ERC protests high power rates in Iloilo City

Members of a consumer rights advocate group trooped to the office of the Energy Regulatory Commission (ERC) to protest high electricity rates of the Panay Electric Company (Peco). The group said it was in solidarity with Iloilo City consumers and their bid to have better power services. The group supported a complaint filed against an alleged 1,000 percent increase in rates despite consumers suffering from frequent brownouts. Hearing Peco consumers filed a complaint at the ERC in August. The ERC is set to hear the case this week. An earlier petition by Peco consumers was addressed to Congress. Submitted to the House committee on legislative franchises, the petition call...Keep on reading: Rally at ERC protests high power rates in Iloilo City.....»»

Category: newsSource:  inquirerRelated NewsOct 9th, 2018

Cusi backs solar franchise bid

Energy Secretary Alfonso Cusi yesterday expressed support for a legislative franchise for Solar Para sa Bayan Corp. (SPSB) as he noted that the public's perception of electric cooperatives nee.....»»

Category: newsSource:  philippinetimesRelated NewsOct 5th, 2018

House panel OKs franchise for Iloilo power company

The House of Representatives committee on legislative franchises has endorsed the grant of a franchise to a company that plans to provide electricity to residents of Iloilo City......»»

Category: financeSource:  philstarRelated NewsSep 27th, 2018

30 Teams in 30 Days: Jazz on upswing after postseason run

By Shaun Powell, NBA.com What offseason? That's a question many fans ask as the flurry of trades, free agent news and player movement seems to never stop during the summer. Since the Golden State Warriors claimed their third title in four years back on June 8 (June 9, PHL time), NBA teams have undergone a massive number of changes as they prepare for the season ahead. With the opening of training camps just around the corner, NBA.com's Shaun Powell will evaluate the state of each franchise as it sits today -- from the team with the worst regular-season record in 2017-18 to the team with the best regular-season record -- as we look at 30 teams in 30 days. * * * Today's Team: Utah Jazz 2017-18 Record: 48-34, lost in Western Conference semifinals to Houston Rockets Who's new: Grayson Allen (Draft) Who's gone: Jonas Jerebko, David Stockton The lowdown: Left woozy by the summer departure of free agent and franchise star Gordon Hayward, the Jazz gave the ball to a rookie and pulled a surprise by nearly winning 50 games and bouncing Oklahoma City Thunder from the playoffs. Their season was made more remarkable considering center Rudy Gobert played only 56 games because of knee issues. But Donovan Mitchell (20.5 points per game) was an unexpected savior and far better than anyone imagined. He won over his teammates and coach Quin Snyder quickly, then earned respect around the league for taking charge and also bailing out Utah in a number of close games, both rare for a rookie. Mitchell finished as the Kia Rookie of the Year runner-up. Snyder made good use of the rotation and found functional roles for most and the Jazz used Mitchell and defense to flourish. By the playoffs, Mitchell was arguably the best player on a floor that featured former Kia MVP Russell Westbrook and Paul George, and the Jazz entered the offseason feeling confident about the future. In 2016, the young Portland Trail Blazers made the playoffs, stunning the LA Clippers in the first round before giving the Golden State Warriors a feisty series in the semis. Encouraged by the bounce and swagger showed by an emerging club, the Blazers handed out contract extensions and … they haven’t done anything special since. In hindsight, every one of those extensions looks like a mistake. The lesson: Fool’s gold can sometimes, um, fool you. Are the Jazz headed down that path? The situations aren’t exactly the same, yet similar to a degree. Instead of going outside to make a few cosmetic changes to the rotation, Utah was mostly content to keep free agents Dante Exum and Derrick Favors, giving each contracts that were somewhat generous in a soft market that worked against most players. Exum signed for three years and a reported $33 million, or roughly the going rate for a backup point guard. But Exum’s run in Utah has been interrupted by injury and, even when healthy, his play was inconsistent. He perhaps earned the benefit of the doubt in the playoffs when he stepped in for an injured Ricky Rubio and had moments of solid play. Evidently, the Jazz feel Exum’s better days are just ahead. He’s only 23 and after investing so much time in him, Utah wasn’t ready to cut him loose. He brings great size (6-foot-6), is energetic, and point guard isn’t a Jazz strength. If nothing else, Exum gives Utah a sense of security. Favors is richer after signing a reported two-year, $36 million extension as no other team was willing to beat that price for him. The last two seasons weren’t exactly robust for Favors, who battled through injuries, sporadic play and found himself benched because of mismatches in today’s stretch-happy NBA. Favors has worked to develop more of a 3-point shot, but his lack of perimeter shooting was exploited by Houston in the playoffs. But as the case with Exum, the Jazz have years of player-development invested in Favors. As Utah’s longest-tenured player, Favors is a solid defender next to Gobert and the Jazz outscored their opponents by 7.2 points per 100 possessions with the two bigs on the floor together. And even though he’s seemingly been around Utah forever, Favors is just 27 years old. The decisions by the Jazz to maintain the status quo isn’t unusual with this franchise, which has long prided itself on stability and player development. Strangely enough, Mitchell claims to love life in the Wasatch Mountains -- something to remember when and if he ever reaches free agency (unlikely, since the Jazz will surely break the bank for him). Jazz GM Dennis Lindsey moved up to take Mitchell in the 2017 Draft and has a knack for finding talent in places where few others search. He has had a solid track record in the Draft and with the 21st pick took Allen. A year ago, the Duke shooter considered entering the draft, but got mild feedback from NBA types. Allen brings 3-point range to a team that ranked 13th in 3-pointers made and attempted last season. Unless he makes an impact right away, Allen will be in the back end of a rotation that showcases Joe Ingles for distance shooting. The trick for Utah is to match or surpass last season’s effort while catching no one by surprise this time. And the Jazz must do that with virtually the same cast as before. Veteran NBA writer Shaun Powell has worked for newspapers and other publications for more than 25 years. You can e-mail him here or follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting. .....»»

Category: sportsSource:  abscbnRelated NewsSep 23rd, 2018

Tom Brady loses for 1st time in 9 games vs Jaguars, 31-20

By Mark Long, Associated Press JACKSONVILLE, Fla. (AP) — Tom Brady trudged off the field with his helmet in one hand, grass stains on his jersey and a look of frustration on his face. This was a different feeling for the New England Patriots quarterback — at least against Jacksonville. Brady lost for the first time in nine starts against the Jaguars, a 31-20 setback Sunday in which Blake Bortles outshined the three-time league MVP and five-time Super Bowl champion. Jacksonville had been the only remaining AFC team to never beat Brady. The Jags (2-0) finally got it done in a rematch of last season's AFC championship game. It shouldn't take long for Brady and the Patriots (1-1) to bounce back. They play winless Detroit next week. "It's a long year," Brady said. "I think you have a bad day against a good team, it's a recipe for losing." Brady completed 24 of 35 passes for 234 yards, with two touchdowns and a turnover. He was sacked twice, including once by Dante Fowler in the fourth quarter that caused a fumble. He said New England's offensive execution has room for improvement. "I don't think it's anywhere near where we're capable of or what we've done at different points through a season," Brady said. "We've got to make improvements, and I think September and October, that's what they're for. I think there's a lot of practices we need and a lot of time that we need to figure out what we do well and what we don't do so well. But you have to try to win in the meantime. And today obviously wasn't enough." The Jaguars, who can get to 3-0 for the first time since 2004 next week against Tennessee, did just about everything right. They held tight end Rob Gronkowski to two catches for 15 yards. They slowed New England's running game to 3.4 yards a carry. They allowed just two plays longer than 25 yards. And Bortles delivered the best game of his five-year career. Bortles threw for 377 yards and four touchdowns. He tossed perfect passes in the end zone to Donte Moncrief, Keelan Cole and Austin Seferian-Jenkins in the first half, and then connected with Dede Westbrook on a short crossing route in the fourth quarter that Westbrook turned into a 61-yard score . "We go against Blake in practice," Jaguars defensive end Calais Campbell said. "He has some days where he is just lights out and gets us. If he can get us, he can get anybody because we feel pretty good about ourselves. I know what's going to happen. If he keeps getting opportunities, he's going to be a big-time player. "I was just grabbing popcorn every time the ball was in Bortles' hands. I say, 'He's going to do something great', and then he's running and spinning and, man, it was impressive." Here are some other things we learned from the game: COLE STEPS UP Cole had the key block on Westbrook's big play that sealed the victory and is proving to be the team's go-to receiver. He finished with seven catches for 116 yards and a score. He made a spectacular, one-handed catch on Jacksonville's second drive and beat Eric Rowe for a 24-yard touchdown three plays later that got Rowe benched. "Keelan made an unbelievable play on the sideline," coach Doug Marrone said. "Everybody saw that. He's a guy that has been really steady for us, really worked his butt off. ... The first year is tough. You're trying to find your way. That second year you kind of get set in a way, and he's been good right from the beginning, very focused and has done a nice job for us." HOME STREAKING The Jaguars can set a franchise record next week by winning their eighth consecutive game at home. They host Tennessee next Sunday. Jacksonville hasn't lost at home since falling to the Los Angeles Rams in Week 6 of last season. RECORD HEAT The teams played in the hottest game in Jaguars history. Temperature at kickoff was 97 degrees, with a heat index of 107 degrees. According to the NFL, it was the warmest game since Green Bay played at Arizona in 2003. KEY INJURIES The Patriots lost two of their best defenders to concussions. Defensive end Trey Flowers left the game in the first quarter, and safety Patrick Chung was hurt injured in the second half. Jaguars left tackle Cam Robinson injured his left knee in the first quarter and was helped off the field. UP NEXT The Patriots play at Detroit, where former New England defensive coordinator Matt Patricia is now the head coach. The Jaguars host AFC South rival Tennessee in the second of three straight home games......»»

Category: sportsSource:  abscbnRelated NewsSep 17th, 2018

Shorthanded NorthPort loses more players to injuries

ANTIPOLO---NorthPort's start in the PBA Governors' Cup is headed for a rough patch. Not only did the Batang Pier, who once held the franchise name GlobalPort, lost to NLEX, 123-107, they're also bound to lose some of their players on top of those who were already absent in their opening game. Head coach Pido Jarencio said he's looking to put guards Jeric Teng and Nico Elorde in the injury list. Teng and Elorde, Jarencio said, are sure to be out of the squad who already lost forward Sean Anthony to injury and star point guard Stanley Pringle who's representing the Philippines in the 2018 Asian Games. "First of all, we sorely miss the two guys Stanley and Sean, I think by S...Keep on reading: Shorthanded NorthPort loses more players to injuries.....»»

Category: newsSource:  inquirerRelated NewsAug 19th, 2018

Transpacific to renew franchise

Transpacific Broadband Group International Inc. is keen on extending its legislative franchise as it prepares to participate in various developments in the country’s telecommunications sector, including the entry of a third telco player......»»

Category: financeSource:  philstarRelated NewsJul 28th, 2018