Iloilo City – The Iloilo City Council has passed a resolution acknowledging the significant contributions of MORE Power to the city’s economic growth over the past five years.
The resolution, authored by Councilor Romel Duron, Chairman of the Committee on Public Utilities, was unanimously approved by the City Council during their regular session last Wednesday.
The resolution highlights MORE Power’s key projects, including the Php95 million underground distribution system, the illumination of historical plazas and churches, and various outreach programs such as mangrove planting, clean-up drives, and the annual release of fingerlings into the Iloilo River.
A study by the University of Asia and the Pacific (UA&P) estimates that MORE Power has contributed Php 4.99 billion to the Iloilo City economy.
According to UA&P President Winston Conrad Padojinog, the 3.8% gross domestic product growth of Iloilo City can be attributed to the reliable service provided by MORE Power as an electric distribution utility. The study also found that MORE Power has generated 2,200 jobs annually and contributed Php 1.75 billion in revenue to the city from 2020 to 2022.
The resolution underscores the City Council’s recognition of the positive impact of MORE Power on Iloilo City’s economic development. The City Council also expresses its gratitude for the continuous support of MORE Power, particularly under the leadership of Mr. Roel Castro, who was previously declared an adopted son of the city.
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