Senators Urge Comprehensive Review of Electric Power Industry Reform Act
Manila: Senators on Thursday called for a comprehensive review of the Electric Power Industry Reform Act (EPIRA) of 2001 to address persistent challenges in the energy sector, including high electricity costs, delayed transmission projects, and weak enforcement of regulations. During a Senate Committee on Energy hearing, Senator Pia Cayetano emphasized the need to reexamine the two-decade-old law to determine if its safeguards remain effective amid changing market conditions. According to Philippines News Agency, Cayetano highlighted that the problems consistently brought to their attention necessitate a careful review of whether EPIRA’s original safeguards and requirements, such as the public offering and