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?
***
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 13th, 2008 at 2:07 pm
roy29: chill, friend. saying that this was politically motivated does not mean meralco’s conscience is clean.
May 13th, 2008 at 2:07 pm
pinoy investor: so what do you think happens next?
May 13th, 2008 at 2:04 pm
Interceptor: There always two sides to every story and if you follow what the papers say, you are probably as confused as the rest of us. Question is, whose story to believe or can we just say they are both hiding something?
May 13th, 2008 at 2:04 pm
ESR, 525 per head seems to be low compared to our poll results…
May 13th, 2008 at 1:55 pm
Wow! grabe naman ang mga electric bills ng iba dito. sweldo ko na yun sa isang buwan ha
Sana nga matulungan tayo ng gobyerno sa miski papanong paraan para mapagaan naman ang buhay natin sa mga gastusin, kasama na dito ang electric bill. Kung malilinis nila ang paraan kung papano mag presyo ang meralco at sisiguraduhing walang daya then sana bumaba na elec. bills natin.