Filipinos are paying for electricity that never reaches their homes โ and President Ferdinand Marcos Jr. says itโs time to stop. The โsystem loss chargeโ makes up about 5% of Meralco bills, covering technical losses and theft. Marcos wants it removed from consumer bills. Power companies warn the move could cost tens of billions and threaten the entire industry.
Tag: system loss
DOE pledges โฑ200M to jumpstart Basilan power rehab
ISABELA CITY, Basilan โ The Department of Energy (DOE) has pledged an initial โฑ200-million subsidy to help rehabilitate Basilanโs crippled power system as part of […]