Residents of Dasmari?as Village and the National Grid Corp. will work out an ?amicable solution? to a dispute over the Sucat-Araneta Balintawak transmission line across a section of Makati City.

Walter Brown, National Grid president, told reporters the firm would honor the decision of the courts to de-energize the line but the move would have damaging effects on the power industry.

The company is the consortium of local firms Monte Oro Grid Resources Corp. and Calaca High Power Corp., and China?s State Grid Corp. of Hong Kong Ltd. that won the 25-year contract to operate the country?s transmission system.

?Our technical staff gave us an idea of all options, which are not pleasant. Meaning, the position we have taken with government is we can comply and we will comply with the law. But if we do, some things will happen,? Brown said.

He said de-energizing the lines would trigger brownouts and result in higher power rates. The Dasmari?as Village Association resisted the transmission project on health reasons, taking the issue to court.

?To give in to the wishes of Dasmari?as would mean prejudicing a lot of other people. The total community would lose more to satisfy the Dasmari?as Village Association, so we?re also appealing to their goodwill,? Brown said.

Brown said they have received support from the government, including Malaca?ang.

?In fact, there?s a possibility [of] a dialog with the Dasmari?as Village Association,? he said.

The Energy Regulatory Commission has allowed National Grid to collect a maximum allowable revenue of P39.51 billion this year.

National Transmission Corp. filed the petition before the takeover.

Under the decision, P28.74 billion or bulk of the revenue will come from Luzon, P4.97 billion from the Visayas and P5.45 billion from Mindanao.

TransCo said the 2009 figure was higher than the 2008 figure pegged at P36.57 billion due to underrecoveries in the previous years. Alena Mae S. Flores