All these talk about Meralco and the high cost of electricity has made me wonder what the average Filipino household’s power bill looks like.
To make the comparison fair, why don’t we divide our electricity bill with the number of persons living in the house, including babies. I think the little darlings consume a bigger amount of electricity compared with the average person (need for airconditioning etc.)
For April, I paid P805.88 per person.
How does that compare with yours?
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Meralco shares went into a nosedive today after news of a possible investigation (good luck with making it look like a friendly Q&A) by Congress into how Meralco runs the show. If there’s anyone in the audience who doesn’t know that this is politically driven, raise your hand.
No hands?
If this entire hullabaloo actually brings down my electricity bill, goodie. But here’s a So What Chocnut snippet that people should not miss.
Exactly 20% of that electricity bill goes to Meralco. If you look at your bill, you will see the biggest portion is called generation charge, which goes to the independent power producers and the National Power Corp.
Yes, that means the government.
That simply means the power to bring down electricity rates is in the government’s hands. And that should make you wonder what the administration is trying to do. This early, the business community is already worried. Of course they are not buying the we-want-to-drive-down-electricity-costs-for-poor-Filipinos line. Former central bank governor and AIG’s standard bearer Joey Cuisia has already been interviewed on television saying, “After Meralco, who next?” Not good for business confidence.
May 8th, 2008 at 5:28 pm
I live in a 3-br condo with my aunt. Sometimes, twice a month for several days, my uncle joins us. If its just my aunt and I, we stay in one bedroom (so only 1 aircon is used). If my uncle comes, then he stays in a another room. So technically, my electric bill is 2750 per person. Why is it that expensive? I do not understand…