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I thank President Duterte for signing the Murang Kuryente Act, and Sen. Win Gatchalian for shepherding its passage in the Senate. The law is like a light switch that turns off the collection from consumers of the Universal Charge (UC) on stranded debts and stranded contract costs

The Senate approved on second reading Monday a bill which will use a portion of the Malampaya collection to defray a looming hike in electricity prices caused by stranded power sector privatization costs, which will be passed on to consumers. The measure, principally authored by