Meralco.... cheaters or ....

Ever since meralco lost that case when they gave us a refund 5 or 6 years ago, I lost my respect to it. meralco was charging us the witholdingtax they are paying at BIR! when we ear, we pay the witholding tax and meralco chaged us that instead of absobing it! what a greedy company. Because of it, we do not patronize any lopez business like abscbn! That was the time many people switched channels and abs went down when even their advertisers went away disgusted!

Now, we know that gloria can do something to help us but didn't do! She needed this distraction now to turn the attention away from her!

I agree with you. They have to pay for what they did to the consumers. It is really frustrating that they have to cheat and let the consumers suffer for their loses. They should be punished for what they did. Usually, I pay 2,500 pesos per month, but last month I was so shocked to see my Meralco bill, it rose to 4,500 pesos, and we don't even use electric fan for how many months now, coz of the cold weather here. Now the senate and the house of representatives have been conducting investigations about this. Lets just wait and see what will be the outcome of this so-called investigations. I think Meralco should return what they stole from us.

I was able to watch news about this issue. And I think the investigating panel have doubts about why the government charges tax on meralco's collections of electric loses which they charged to their customers. While people are also wondering why they have to be charged of that.

Like everyone else, I hope this issue will be resolved soon, so that electric consumers could get back what is due to them or what is being overpaid.

i dont know if these guys can still sleep well with all those anomalies they've been doing and letting all of us filipinos suffer from it. one thing that really makes my blood pump up is whenever they increase charges coz they claim that they are losing. huh! not to mention, the top 8 executives of this company are receiving a total salary of 97Mphp (thats $2.1M) annualy! too bad for us coz our government doesn't seem to be bothered that much. im sure arguments in the senate will go on for weeks, as it used to be, ending up with no solution agreed upon. lets just hope and pray that necessary actions will be filed against this institution.

It is business, they want to save their's so they have to think of something to keep up with all their liabilities.

This has been an issue for a long time, yet nothing's been done to prosecute them. I believe that they do know how to manipulate and bribe influential people to cover-up for their anomalies, they are fooling and robbing us ever since..

i'm working at the lopez group of companies. yesterday, our chairman oscar lopez sent an open letter to pres. gloria arroyo, he states there that he's supporting the desire to bring down power rates. in this regard he have proposed that evat be removed and the royalties of malampaya gas be waived or proceeds used to subsidize low income consumers and other preferred sectors such as export industries. first gas' (sister company of abscbn) selling price of P4.15.kwh to meralco, fully P2.93/kwh (70%) is the cost of gas and approximately P1.61/kwh out of that goes to government in the form of royalties. on top of that the consumer still pays P0.80/kwh in the form of a 12% evat for power. if you will add up 12% evat and the royalties, you will get an amount of P2.40/kwh which may be passed on as a welcome reduction in the electricity bills of consumers. the bottom line of this, our chairman oscar lopez is proposing to removed the royalties and the evat to lower the rates of the electricity. i hope this one will be clear to you.

Well, Its all on the government and to some extent to us. We let it happened, we complained and yet we are not united to do something about it. Maybe we're just cowards. They are paid by our taxes to do good by us. With a government so corrupt and rotten like ours, I mean what would we expect? They could always check on meralco, why this is just one monopolize electric company in central luzon and they waited for like what forever to find out they're cheating? A country as poor as ours can afford not to check on excessive charges by a private, monopolized company? This farce would just go like any other news in our country, here today gone tomorrow when the hungry pockets of other politicians are attended to by the lopezes that is.

If Meralco is a culprit as to why our electric bill is so high, it's not the only one. Let's not forget Napocor. It is run by a corrupt syndicate. It is grossly mismanaged, run to the ground, accumulating debt and then passing on that debt to the Filipino people. Has Mrs. Arroyo done anything to clean up Napocor? NO

I think that these are mere tactics that the government is ploying to distract publics attention to this matter rather than facing the issues hounding them. Plus the fact that they know that the son of the the president of the company is married to the former president Estrada's daughter. Although as I am seeing it Meralco gets their power from the government and the price that Napocor is charging them is high already Meralco still has to make a little profit out of it to be able to survive financially and to maintain the service properly. Everything is going up especially the oil, how do you think the company could survive with all that circumstances surrounding them. They have paid many consumers when the government ordered them to pay overcharged bills of the previous years. The only company that have paid back their consumers. Government takeover will just make things worsen as seen in Napocor who is grossly mismanaged and is also losing government corporation. I do not say that we should not investigate Meralco but please no to Government takeover as this is not the solution that will solve our problems.

Meralco is a private company... do not forget that it too has a lot of things to maintain.. the same as other private companies. i think the government particularly Arroyo... has planted this news to divert the attention of people.

Arroyo obviously is playing games with private companies who are opposing her... she does that.. its a dirty tactic. i call this "nanggigipit" i hope before she points fingers.. look at her cabinet members first... have they actually tried something to bring the oil prices and the basic commodities down?