AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Meralco replies.

Asia Africa Intelligence Wire

| July 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Philippine Daily Inquirer)

Byline: Bambi L. Harper

IN REPLY To my article, "Thanks, but no thanks" (PDI, 6/24/03), here is our star utility company's answer. The over-all title of the 15 items with odd names like "Missionary" is "unbundled rates." It was approved May 30, 2003 by the Energy Regulatory Commission (ERC), that delightful government agency that apparently always says "yes," at the end. (What do we know of the ERC and what perks do they have? Meaning, who pays their electric bill? I, for one, wouldn't care much about any of my utility bills if some office paid for them.)

To be fair, the approval by the ERC took three years and 55 public hearings participated in by 18 organizations and interested parties and resulted in Republic Act 9136 or the Electric Power Industry Reform Act (Epira) of 2001. Not that it did us any good. The "unbundling" or itemization complies with Section 36. And yes Meralco is the power distribution company; the rest are government and power suppliers or power generating firms.

Prior to this "unbundling," we only saw three items of Meralco's bill: Basic Charge, Cera and PPA. What your bill will show is what goes to Meralco and what Meralco collects "on behalf of suppliers, generators of electricity and the transmission company." Meralco collects the Distribution Charge, Metering Charge, Supply Charge and Currency Exchange Rate Adjustment.

The distribution charge is understandable. The supply charge refers to "rendering service to customers," i.e. billing, collecting, customer assistance (the office that's always busy when you dial their number especially if there's a typhoon and a brown-out), and associated services, whatever those are. Why it's necessary to place your office and janitorial staff under a different heading isn't clear. Like if you went to the parlor or the barber shop you don't get a separate bill for water and electricity and the interest the owner is paying the bank.

As for the currency exchange rate adjustment, I don't understand why there has to be an adjustment since we pay our bill in pesos and not in dollars. If, on the other hand, it refers to the company's repayment of foreign loans, someone smarter would have to explain to me why we as consumers are involved in that.

Related articles from newspapers, magazines, journals, and more
MANILA ELECTRIC CO HOPES TO LOWER SYSTEM LOSS CAP THIS YEAR.
News wire article from: AsiaPulse News March 13, 2009 700+ words
...so of the 9.65 per cent system loss, six per cent of that is...explained. The recovery of system loss charge is provided in Republic Act 7832, or the Anti-Pilferage...applications to lower their system loss cap. EPIRA, passed in 2001...
ERC to start deliberations on revision of system loss caps.(Business)
Newspaper article from: Manila Bulletin August 11, 2002 700+ words
...in modification of the recoverable system cap losses. Republic Act 7832 or the Anti-Pilferage of Electricity Act has defined...Reform Act mandates the regulatory body to devise new set of system loss caps that can be recovered by utilities. It was noted that...
Order of the Knights of Rizal Republic Act No. 646.(Opinion & Editorial)
Newspaper article from: Manila Bulletin June 19, 2006 700+ words
...of Dr. Jose P. Rizal, we are printing the full text of Republic Act No. 646, the Charter of the Knights of Rizal, for the...Republic of the Philippines S. No. 251 Second Session (REPUBLIC ACT NO. 646) An act to convert the "orden de Caballeros of...
An Act defining the crime of money laundering; REPUBLIC ACT NO....
Newspaper article from: Manila Bulletin October 1, 2001 700+ words
...Monday, the twenty-third day of July, two thousand one. [REPUBLIC ACT NO. 9160] AN ACT DEFINING THE CRIME OF MONEY LAUNDERING...amended; 2. Section 3,4,5,7,8 and 9 of Article of Republic Act (R.A.) No. 6425, as amended otherwise known as the...
Summit on e-Commerce and e-Gobyerno Exhibit to mark two years of implementation...
Newspaper article from: Manila Bulletin June 6, 2002 700+ words
...seminar will be held on June 7 to 8, 2002 at the Megatrade Hall of SM Megamall to mark the second year of implementation of Republic Act No. 8792, the e-Commerce Law, which was approved on June 14, 2000. The summit is a joint project of the Information...
SYSTEM LOSS CAP REDUCTION TO HURT FILIPINO UTILITIES: ABOITIZ.
News wire article from: AsiaPulse News August 18, 2008 700+ words
...Regulatory Commission (ERC) reducing the system loss cap is approved and implemented. Erramon...the distribution utility's current system loss cap is within the 9.5 per cent level...and electric cooperatives. "VECO's system loss now is at 9.5 per cent. If (the...
PHILIPPINES' ERC REVIEWS LOWERING SYSTEM LOSS CAP FOR DUs, ECs.
News wire article from: AsiaPulse News July 24, 2008 700+ words
...the possible reduction of the system loss cap for distribution utilities...the possible reduction of the system loss caps and the phase out of the...as part of the determination of system loss, Ducut told reporters in a luncheon...
ABOITIZ BATS FOR INCENTIVES IN LIEU OF SYSTEM LOSS CAP.
News wire article from: AsiaPulse News August 19, 2008 700+ words
...Regulatory Commission (ERC) reducing the system loss cap is approved and implemented. Erramon...the distribution utility's current system loss cap is within the 9.5 per cent level...and electric cooperatives. Veco's system loss now is at 9.5 per cent. If (the...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA