Hay naku nag declare nanaman ng increase sa generation charge ang Meralco. Parusa nanaman. Kaka increase lang last month ng 1.24 per kwhr tataas nanaman ng around 1 peso per kwhr!
We already have the highest electrical cost in the world and you are still increasing the generation charge WTF! How can you increase the cost by almost 20% in 2 months! Then I bet that they will pass on all cost for rehabing or repairing the typhoon damaged power grid to us consumers. Heard on the news it will be around 6.5B to reconstruct. Wonder how much it will add to our cost.
I looked at Meralco's website. They have a PDF file showing where they buy their power an how much it costs. For the month of Nov 2013 they bought from San Miguel Energy Corp 7.21 Gwhr at 15.55 pesos per kwhr. They also bought 228 Gwhr from WESM (whole sale electricity market) at 13.73 pesos per kwhr. Granted that this is less than 8% of the total power Meralco purchased from its suppliers. But how the Fing hell do you buy power at those rates and happily pass it on to the consumers! Other generating plants sold power between 3 to 6 pesos. This just shows that the govt WSEM scheme does not work.
DOE and PNOY pls pay attention to our country's power needs and costs. You need to find a way to increase our generating capacity and reduce costs. And pls stop taxing us to death with hidden taxes on electricity. We are charged missionary electrification costs, system loss, environmental charges, govt taxes and VAT. Every time generation cost goes up all theses taxes will also go up. Pls have mercy on the consumer and find some way to reduce our power cost.