Thursday, October 11, 2012

Aquino Admin doing nothing against unreasonable power rates’


From: People’s Journal (journal.com.ph)

Anakpawis Rep. Rafael Mariano has asked the Aquino administration why it is not doing anything to stop the unreasonable electricity rates

Mariano said instead of protecting consumer interests, the Energy Regulatory Commission (ERC( authorized the rate hike this month.,

Starting this month, Meralco will increase its generation and transmission charges by 12 centavos per kilowatt-hour (kWh) and will also start collecting “bill deposit” charge from consumers. 

Generation and transmission charges will be P5.50 per kWh from the previous P5.40 per kWh. Systems loss charge will also increase by two centavos per kWh.

The 12 centavos per kWh power rate hike that will reflect in the October billing is equivalent to P11.35 increase for customers consuming 100 kWh per month, P23.70 for households consuming 200 kWh and additional P35.56 for those using 300 kWh.

Customers consuming 400 kWh and 500 kWh monthly will pay additional P47.41 and P59.26, respectively.

The latest round of power rate hike is due to higher generation charges collected by the Wholesale Electricity Spot Market (WESM) during the supply month of September. 30

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