now this is what i call refund..
June 30, 2008 9:02pm CST
10 billion pesos refund in the making..Our electric charges will decrease once the NAPOCOR returns all our excess payments which they think amounts to 10 billion pesos says the ERC..the ERC have said that NAPOCOR should immediately return all the excess payments made for the past two years. The ERC ordered the NAPOCOR to decrease it's generation charge to 71.16 centavos per KWH..to MERALCO costumers it will be 0.49 decrease in their charge..now a good news? but will this take effect immediately? Will they be following ERC's order?
4 people like this
1 Jul 08
At least they are starting to reveal their mistakes and hopefully we could feel the change these coming days. NAPOCOR which is supposed to be owned by the government. They were controlled by the government for reasons to control the price of electricity that can be afforded by the masses. Now, they are found to be overcharging us for it. Wow that is just absurd. They should be privatize now since the purpose of it being owned by the government is not being served at all for the benefit of the public. I think that is what Meralco is also pointing out why they are charging higher rates since NAPOCOR is charging them high too. Well the roots of the high cost of power is slowly floating who is who.