In a growing economy like the Philippines, accessible and inexpensive energy is crucial in the sustained progress of every home and industry. Electricity makes our daily routines possible and ensures our productivity at home, in school and at work. Without it, we will cease to move forward as a nation.

Unfortunately, the Philippines has one of the highest electricity prices in the region, deterring foreign investors and burdening consumers. As we see it as an essential commodity and necessity, energy consumers may have fallen at the mercy of providers.

It is imperative to safeguard the rights of energy consumers and guarantee they are properly represented in proceedings regarding rules and rates in the field of energy.

Thus, the Office for the Protection of Energy Consumers {OPEC) Bill aims to establish an institution with the sole responsibility of vehemently protecting the rights of our energy consumers and ensuring they are properly informed.

It shall act as the default intervener on behalf of the electricity consumers in any and all petitions and applications affecting the electricity rates to be charged to electricity consumers.

It shall advocate in behalf of the consumers the lowest possible rates, conduct

independent reviews of service quality, safety and reliability, and represent consumer interest in energy policy making.

We can hope that, with a collective voice and a resolute body in the form of the Office for the Protection of Energy Consumers, we can push for the improvement in reliability and cost of power in the country.

In view of the foregoing, the approval of this bill is earnestly sought.