Marcos Drops Bomb on Electric Bills: โ€œRemove System Loss Charge Nowโ€ โ€” But Utilities Say Industry Could Collapse

Filipinos are paying for electricity that never reaches their homes โ€” and President Ferdinand Marcos Jr. says itโ€™s time to stop. The โ€œsystem loss chargeโ€ makes up about 5% of Meralco bills, covering technical losses and theft. Marcos wants it…