REPUBLIC OF THE PHILIPPINES

Congress of the Philippines

Metro Manila

Fifteenth Congress

First Regular Session

Begun and held in Metro Manila, on Monday, the twenty-sixth day of July, two thousand ten.

REPUBLIC ACT NO. 10150

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″

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. Section 73 of Republic Act No. 9136, otherwise known as the “Electric Power Industry Reform 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.”

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.

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decrees, orders, rules and regulations or parts thereof inconsistent with any of the provisions of this Act are hereby repealed, amended or modified accordingly.

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,

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.

Approved: June 21, 2011

(SGD.) BENIGNO SIMEON C. AQUINO III

President of the Philippines