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LOOK: Davao Light and Power Company said electricity bills in Davao City could increase by about ₱0.50 per kilowatt-hour following a rate adjustment by the Power Sector Assets and Liabilities Management Corporation (PSALM) under its contract with the utility. The possible increase was discussed after Davao Light officials appeared before the Davao City Council during its regular session on January 20 Tuesday, seeking the city government’s assistance in urging PSALM not to reduce its contracted p
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