WHY does Mr. Winston Garcia insist on representing the Government Service Insurance System in his fight with the Lopezes?
Does he really think that just because of his position in the GSIS, he represents all government employees? Has he tried to get their opinion? He is gambling with these employees’ future. The pension fund is not his alone. He is just its caretaker.
He will soon be out of office as soon as his bosses in Malacañang are either booted out or their terms expire. What will he do then? In my opinion, Mr Garcia might be diverting attention from his management of the pension fund altogether. His strategy seems to be to go after his neighbor’s trash so that his own trash won’t be looked at.
The Senate should start looking at the management of the pension fund. I’m not saying they’ll find anything there, but it’s worth it to take a cursory look at how it’s being managed being that it affects all past, present, and future government employees. Look at how the money is being invested, look at the balance sheets. It’s only fair we take a look at Mr Garcia’s backyard as well, not just the Lopezes. I’ll bet there are unwanted weeds and trash in his backyard that’ll need cleaning up or may lead to the eviction of its occupants.
– Bong Dignadice, Fontana, California (via e-mail)
Loading ...
July 12th, 2008 at 12:13 pm
Before Winston Garcia should dwell into the shortcomings of the Meralco/Lopezes, he should at least reexamine the government agency he is managing because there are a lot of government employees who are not satisfied with the way GSIS provides service. There are a lot of complaints as to their services. He should at least think not only twice but many times before taking actions against the Meralco and its management.
July 10th, 2008 at 7:33 pm
The Generation Charge covers the actual kilowatt-hours (KWH) of consumption. Using the conservative example of D J Mazon (my bill shows differently), for consuming 560 Pesos worth of electricity we have to pay an amount equivalent to 18% of what we consumed for transmission (Transmission Charge); plus, more than 16 % of what we consumed was stolen or lost along the way to our house. While the distribution of 158 pesos that Meralco gets from us represents more than 28% of our actual consumption; and, lastly the government gets more than 17% of our consumption.
Adding 18% + 16% + 28% + 17% = 79%. The equation is very simple, we paid for the price of a pig but we only got a front leg.
Now, here comes the mystery or the “sleight of the hand” in magical tricks, under the Generation Charge is the Unit Price where the “undelivered” power is factored in or hidden. If we pursue further and eliminate this hidden cost from the Generation Charge, what we really consumed may be is just the “tenga ng baboy” for the price of a pig.
In my latest electric bill it showed that Meralco collected from me a Distribution Charge of almost 8000.00 for a Generation Charge of about 16,000.00 representing an actual distribution cost of 50% on the power “consumed”. Adding, likewise, the four factors as above, the total is 18,000.00 which exceeded the Generation Charge of 16,000.00 ! ! !
After paying for a whole pig, I don’t even get an ear of a pig to chew on.
July 10th, 2008 at 2:04 pm
Dismayado,
At last, the real worst baliw is surfaced in your presence. Because you have no money, swimming and drowning from reality of foolishness. like MERALCO you are among worst baliw in the universe. How are your colleagues in Mental, Dismayado. Ha!
July 10th, 2008 at 1:44 pm
Mga kabayan, himayin natin ang ating meralco bill para malinaw. Tiningnan ko ang meralco bill ko at ito ang nakasulat
Generation 56%
Transmission 10%
System Loss 9%
Distribution (Meralco) 15.8%
Subsisdies -1.2%
Government Taxes 9.7%
Kung P1,000 ang bill ko ngayong buwan, ibig sabihin , P560 ang napupunta sa Generation, P100 sa Transmission, P90 sa System Loss, P158 sa Meralco at P97 sa Government Taxes.
Ibig sa sabihin Generation Charge ang pinakamalaking bahagi. Kung nanood kayo ng hearing sa Senado tungkol sa Meralco, lumalabas na ang Generation Charge ang tunay na dahilan ng mataas na presyo ng kuryente. Isa dito ang mataas na presyo ng binibiling coal na panggatong ng Napocor para sa IPPs nito (doble ng halaga ng binibili ng ibang IPPs). Pangalawa ang mataas na buwis na ipinapataw sa natural gas na panggatong din sa paggawa ng kuryente. Kasama din dito ang “take or pay” contracts ng karamihan sa mga IPPs.
Ewan ko kung totoo, nabasa ko sa dyaryo, hindi pa daw nagtaas ang charges ng Meralco simula pa noong 2003. Kung totoo yon, hindi natin dapat sisihin ang meralco.
Kaya sa tingin ko, eto ang mga tunay na solusyon sa problema natin sa mataas na presyo ng kuryente:
1. Baguhin ang sourcing strategy ng Napocor sa pagbili ng coal na panggatong at gawin long term para mura ang bili para bumaba ang generation charge
2. Alisin ang mataas na buwis sa natural gas para bumaba ang generation charge
3. Alisin ang E-Vat sa System Loss at sa buong bill sa kuryente (manatakin mo, system loss na, may VAT pa?)
4. Pag-aralan muli ang System Loss limit na 9.5% at singilin lang ang resonable (imposible po talaga ang Zero System Loss)
Agree ako kay Tounge Twisted, ang problemang ito ay problema ng buong power industry at hindi lang ng isang kumpanya
July 10th, 2008 at 1:41 pm
DJ,
Are you still studying? study some more dude and get the “thing” back in your head.
You blew my head on sayin that its “PURE HEARSAY” that Meralco is entitled to sales profit and public share offerings.
Try reading some books on corporation and its purpose.
If Meralco is a non-stock, non-profit corporation, you have a reason
If not, Dude try to learn other things than defending your beloved Meralco kapamilya. True-blue kapuso? haha.