Provincial economic consultant Alfredo Abelardo “Albee” Benitez led a pre-power summit Monday afternoon, July 26, to explore ways to bring down the cost of power in Negros Occidental.
“The goal is to reduce power cost to benefit consumers, and allow stable and competitive rates and power supply to entice the technology industry to come here and invest,” he said.
The meeting was held to assess the power supply in Negros and if its use is being maximized, he said.
It seems there is enough power generated on Negros Island that is not being used, Benitez said, noting that Iloilo has already brought down its power costs.
Negros produces almost 600 megawatts and consumption at peak load is only 350 megawatts, he said.
If Negros rates are competitive with the international market, it will attract a lot of technology industry firms that will create more jobs, Benitez said.
He pointed out that Negros Occidental is rich in renewable energy with available geothermal, solar and biomass plants.
“We are pushing for renewable energy, in fact, Negros Island would claim it has the most number megawatts of renewable energy,” he said.*