AN ACT EXTENDING THE IMPLEMENTATION OF THE LIFELINE RATE, AMENDING FOR THE PURPOSE SECTION 73 OF REPUBLIC ACT NUMBERED NINETY-ONE THIRTY-SIX, OTHERWISE KNOWN AS THE "ELECTRIC POWER INDUSTRY REFORM ACT OF 2001"

• Number: Republic Act No. 10150
• Sections: 4

Section 1

SEC 1. Section 73 of Republic Act No. 9136, otherwise known as the "Electric Power Industry Reforn Act of 2001", is hereby amended to read as follows:

"SEC. 73. Lifeline Rate. — A socialized pricing mechanism called a lifeline rate for the marginalized end-users shall be set by the ERC, which shall be exempted from the cross subsidy phase-out under this Act for a period of twenty (20) years, unless otherwise extended by law. The level of consumption and the rate shall be determined by the ERC after due notice and hearing."

Section 2 Separability Clause.

SEC. 2. Separability Clause. — If, for any reason, any provision of this Act or any part thereof shall be held unconstitutional and invalid, the other parts or provisions of this Act, which are not affected thereby, shall remain in full force and effect.

Section 3 Repealing Clause.

SEC. 3. Repealing Clause. — All laws, decrees, orders, rules and regulations or parts thereof inconsistent with any of the provisions of this Act are hereby repealed, amended or modified accordingly.

Section 4 Effectivity Clause.

SEC. 4. Effectivity Clause. — This Act shall take effect fifteen (15) days after its complete publication in at least two (2) newspapers of general circulation.

Approved,

(Sgd.) FELICIANO BELMONTE JR.

(Sgd.) JUAN PONCE ENRILE

Speaker of the House

of Representatives

President of the Senate

This Act which is a consolidation of Senate Bill No. 2846 and House Bill No. 4169 was finally passed by the Senate and the House of Representatives on June 7, 2011.

(Sgd.) MARILYN B. BARUA-YAP

(Sgd.) EMMA LIRIO-REYES

Secretary General

House of Representatives

Secretary of the Senate

Approved: JUN 21, 2011

(Sgd.) BENIGNO SIMEON C. AQUINO III

President of the Philippines