EDC remits P20.38M in Q1 power benefits to Leyte LGUs

EDC remits P20.38M in Q1 power benefits to Leyte LGUs

Leyte and its local governments are set to benefit from a significant financial boost thanks to the P20.38 million remittance from the Energy Development Corporation in the first quarter of 2026. This money is part of the government’s ER 1-94 program, which aims to distribute geothermal power benefits to regions that generate it. This fund injection is crucial for local governments to enhance infrastructure, public services, and economic development in the area, especially after years of rebuilding from past natural disasters.

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