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DOE explores ways to refund P10B to Meralco customers


MANILA, Philippines—The Department of Energy is exploring ways to refund some P10 billion that were allegedly “double charged” to the customers of power distributor Manila Electric Co.

The P10 billion represented the additional transmission line costs that were supposedly overcharged by state-run Power Sector Assets and Liabilities Management Corp. (PSALM) to Meralco.

On the sidelines of the formal turnover ceremonies at the DOE on Monday, Energy Secretary Carlos Jericho L. Petilla disclosed that the DOE, PSALM and Department of Finance had met to discuss the various options that the government can undertake to implement the refund.

“We may have something in sight but I don’t want to announce it yet because we’re working on it—it might be preempted. Any solution that we have will be consistent with the Electric Power Industry Reform Act. But definitely, the refunds will be paid on a long-term basis, not one time, because the amount will be too big to refund at one time,” Petilla explained.

“In fact, we will be holding another meeting with the President on how this will be addressed to make sure that the public will get [the refund] right away,” Petilla added.

The Energy Regulatory Commission, in a decision dated March 10, 2010, declared a “double charging in transmission line costs.”

What remains to be resolved is the amount that was overcharged.

Meralco earlier said the overcharging amounted to P9.1 billion, but has since revised the amount to P10 billion.

PSALM president and CEO Emmanuel R. Ledesma Jr., however, contested the amount, saying that the overcharging amounted to less than P9.1 billion or the initial amount declared by Meralco.

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Tags: Consumer Issues , Department of Energy , double charge , electricity , Energy , Manila Electric Co. , Philippines , refund

  • joboni96

    pinagkakitaan yan ng malaki
    ng meralco

    kaya dapat with interest
    ang balik

  • Wadav

    naku nman mga sir! iba ba calculator gamit nyo?? napakaitim nman mga budhi nyo! sa yaman na ninyo Meralco, ninakawan nyo pa ang mga tao… grabe naman kayo talaga!!

  • http://pulse.yahoo.com/_WIWYLFLU4LPKS7B2ZLLRVFKS3Y vir_a

    This is systematic robbery. It’s robbing the people over and over for years on. As conspirators, nobody would like to take responsibility.

  • http://twitter.com/0pinion8Ted 0pinion8Ted

    Sakaling matupad ang pagsosoli ng sobrang singil nila, dapat may kasamang interest dahil habang nasa kamay nila ay pinagkakakitaan na nila.

  • maylah1969

    All utility companies in the Philippines charges “system loss” to their customers, yet the same revenues realized from their system losses are not applied towards mitigation of their system loss problem. Losses are recycled every year and consumers pay for the same losses on a continuing basis. Management of these utility companies should be prosecuted for malversation of funds due to the mis-appropriation of revenues generated from this loss activity.

  • http://twitter.com/CeriseDavid Cerise David

    Sandali, wala bang makukulong dito? Na naman?

  • bert10

    So, Ledesma is lawyering for MERALCO. 

    As usual, PSALM wants the consumers to pay for all the mismanagement and corruption of the past and the “continuing past” of today. 

    The history of the DOE should have been and should be a subject of a TRUTH COMMISSION – so that the “solutions” are not more of the same “solutions” that violate the intent of laws to provide clean, affordable, sustainable and honest power to the people (emphasis on honest).

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