Meralco, handang magbigay ng refund sa generation charges sa kanilang mga customer | Saksi - video Dailymotion

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Transcript

00:00 Good news, Meralco is ready to refund the generation charge to their customers.

00:05 But the bad news, the price of oil has increased again.

00:10 Jaime Santos is the witness.

00:12 It's a new day for Jeepney drivers like JR and Nonoy,

00:20 who are expecting a high price of oil products.

00:23 After the rollback last Tuesday,

00:25 the Energy Department is looking for a price hike next week.

00:29 The drivers are now in trouble, they are now earning less.

00:33 We can't do anything because we are just drivers.

00:37 Under the DOE, diesel prices can go up to 1.10 pesos

00:42 to 1.50 pesos,

00:45 gasoline and kerosene on Tuesdays

00:47 based on four days of trading in the international market.

00:50 It is said that the rise in prices in the global market is due to various reasons.

00:55 The demand for oil intensified in the Middle East.

00:59 The crude stock of the United States, their stockpile surged.

01:05 And then the third one is the disruption in shipping

01:10 that continues their problem in passing through Red Sea and the Suez Canal.

01:16 The Organization of the Petroleum Exporting Countries is also expecting

01:20 the increase in demand or demand for oil products this year.

01:25 Good news, Meralco is ready to refund the generation charge to their customers.

01:28 Meralco said they are ready to refund the generation charges

01:33 that were paid by the Malampaya Gas Price of First Gas plants last January.

01:38 In the ERC's report, Meralco noted that they completed an investigation

01:43 to prove the rate adjustment in the newly entered agreement

01:47 between the Malampaya Consortium and First Gas Power Corporation.

01:51 Although Meralco said that the effect of the use of liquefied natural gas

01:57 and the new supply contract did not accept the ERC's results

02:02 from the validation of Meralco.

02:04 Because of that, it is premature to consider the transfer of value to consumers

02:08 while Meralco's validation is not yet on the basis of the agreement.

02:12 For GMA Integrated News, Jaime Santos is your witness.

02:18 [music]

02:19 Kapuso, let's be witnesses together.

02:22 Subscribe to GMA Integrated News on YouTube.

02:25 And for Kapuso Abroad, join us on GMA Pinoy TV and www.gmanews.tv.

02:32 [music]

Meralco, handang magbigay ng refund sa generation charges sa kanilang mga customer | Saksi

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