President Ferdinand Marcos Jr. earned widespread public approval when he declared in his fifth State of the Nation Address that consumers should no longer pay the system loss charge on their electricity bills. His reasoning was straightforward. Electricity lost before it reaches homes and...
Manila Electric Co. (Meralco) Chairman Manuel V. Pangilinan cautioned that removing system loss charges from electricity bills would place an unsustainable financial burden on the power industry, emphasizing that technical line losses are an unavoidable reality of power distribution. While the...
Access to affordable, reliable electricity is indispensable to economic growth, business competitiveness, and the daily lives of Filipino households. Yet for many consumers, the monthly electricity bill has become an increasing source of financial strain. The recurring experience of "bill shock,"...
ILOILO CITY – The Panay Consumers Alliance (PCA) has urged the Iloilo City government under Mayor Raisa Treñas to address basic rights prior to becoming a “Human Rights City.” “It must go beyond declarations. It must be grounded in the conditions of the people, including those whose...
Lower interest rates as the Bangko Sentral ng Pilipinas (BSP) eases monetary policy would aid consumers battered by slowing economic growth across Asia-Pacific, according to the think tank Oxford Economics. The BSP's rate cuts "will help household balance sheets, especially as debt levels rose over...
NEW YORK — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households. Consumer goods giants from PepsiCo to Kraft Heinz have described recently how the combination of high inflation and higher interest rates is hurting their...
Cleansing from misdeeds as well as review of categorization of the country’s more than 120 electric cooperatives (ECs) are being pushed following reports of less-than-desired operational outcomes of these power utilities. The call was put forward by Senate Committee on Energy Vice Chairman...
President Ferdinand “Bongbong” Marcos Jr. on Thursday, June 22, said that the country’s “best defense” against online scammers are “knowledgeable consumers” who are able to determine scam methods. President Ferdinand Marcos Jr. (Photo from the Presidential Communications Office) In a...
As rising electric bills and deteriorating services of power utilities often spark frustration and rage, the Energy Regulatory Commission (ERC) is targeting to debut next month its online platform to fast track resolution of complaints. The online platform will receive and correspondingly process...
Filipinos emerged as least interested in a hybrid or electric vehicle (EVs) among its Southeast Asian peers due to the lack of charging facilities, according to a study. Based on Deloitte’s 2023 Global Automotive Consumer Study, which focuses on consumer engine type preference for their next...
Ordinary Filipino consumers prioritize ready to eat food and hygiene products in their shopping basket in times of impending shortage of funds as well as during payday, according to a study. Packworks, a startup company providing a business-to-business (B2B) platform for sari-sari store owners, in...
Ordinary Filipino consumers prioritize ready to eat food and hygiene products in their shopping basket in times of impending shortage of funds as well as during payday, according to a study. Packworks, a startup company providing a business-to-business (B2B) platform for sari-sari store owners, in...
