Manila, Dec. 9 -- The Maguindanao Electric Cooperative (Magelco) will resort to drastic move to compel member-consumers into regularly paying their monthly electric bills so that the cooperative can pay its debts. Ashary P. Maongco, Magelco general manager, said the cooperative has no other recourse but to implement a power shutdown unless member-consumers settle their obligation with the power distributor. "Only 16,000 out of the 47,000 member-consumers or 34 percent are regularly paying their monthly electric bills," Maongco said in a statement, adding this has caused the cooperative to default on its obligations to Power Sector Assets and Liabilities Management (PSALM) Corporation. Maongco, who has been the Magelco general manager for th...