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)
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July 17th, 2008 at 10:13 pm
Meralco TIME-OF-USE Rates Program(TOU)
Following the advice of robbie tan, I checked with my nearest Meralco outfit. Below is my understanding on the TOU program.
To avail of this program, the customer must be up-to-date in his payments and must consume on the average at least 1,000 kWh per month.
The rates under this program are effective only for the Unit Price of the Generation Charge; therefore, whatever savings that can be realized under the TOU program is purely on the Generation Charge and its corresponding e-VAT.
Under the TOU, the Generation Rates are divided into Peak-Hours rates and Off-Peak-Hours rate. Peak hours are from 8:00 AM to 9:00 PM (Mon. to Sat.) and 6:00 PM to 8:00 PM (Sundays); the rest of the hours are considered Off-Peak hours.
Peak hour rates are P6.4852/kWh for Dry Season (Jan. to Jun.) and P6.1053/kWh for Wet Season (July - December). Off-Peak rate is constant at P3.0925/kWh throughout the year. The customer pays 40% more than the regular Unit Price for power consumption during the Peak hours and he saves 31% off the regular Unit Price for power consumed during Off-Peak hours.
The customer will have to pay an Application Fee of P3,046.00 for a special Watt-hour meter (VAT inclusive for single-phase installations), additional monthly Metering Charge (P117.20/mo. plus VAT) and Supply Charge (P0.0109/kWh plus VAT) will be included in the bill.
Basing on the above, if the customer’s power consumption during Peak hours exceeds 40% of his total monthly power consumption, he either makes no saving at all or may have to pay more than his regular bill (based on his pre-TOU billing).
The only way to save on Generation Charge is shift most of the power consumption to within the Off-Peak hours (at least 70% to be safe). If the customer is careless on his power consumption scheduling, he may end up paying more to Meralco.
Based on rough estimates, the break-even point is 40% (Peak) and 60%(Off-Peak). The maximum saving under the TOU program is about 14% of the billing total and that can be attained only if 100% of electric power are consumed within the Off-Peak hours, which is almost an impossibility.
After enrolling in TOU program, we have to run our home like a Videoke Bar first before we can save 10%.
July 17th, 2008 at 4:06 pm
Eng. Jose,
Do you have knowledge on how much electric supply Meralco gets from Napocor, First Phil Holding, Quezon power and other Lopez-controlled IPP.
Can you answer it in terms of rate and its equivalent wattage and amount?
July 17th, 2008 at 12:51 pm
dismayado
hindi mo talaga makita ang anumang impormasyun tungkol sa di kilalang tao na yan dahil isa siyang kathang-isip lang….
July 17th, 2008 at 8:57 am
Good afternoon. I am an engineer from Meralco and i am willing to clarify issues about Meralco and GSIS. Thank you.
July 17th, 2008 at 8:43 am
Master Jang Jang,
Can you explain why the generation charge in our bills is high?