00:00 According to the consumers, the new high in electricity is ready and is expected to rise again this month. This is Meralco. Let's find out more from Ryan Leziguez.
00:12 It's really hard because our salary includes rice and food. What will we do there? Massage? And to take care of the kids in school? It's really hard to keep up with the electricity bill.
00:31 This is Eden's only complaint following the new high in electricity this month of October. She said she's not taking a day off from work to make enough money to feed her seven children.
00:46 I'm doing this because I'm not absent from work to double income. We can't do anything if we complain because we will complain. Who will react to that?
01:00 We are not on our own. That's why we're doing this. We don't want to get sick so we can pay for electricity and electricity. That's our only way.
01:10 According to Meralco, the new high in electricity is up to 42 cents this month. For a typical residential customer, the overall rate is up to 11.89.
01:21 This means that if you consume 200 kilowatt-hours per month, you will receive an additional 80 pesos. You will receive an additional 126 pesos for your monthly bill if you consume 300 kilowatt-hours per month.
01:36 The increase in electricity bill is due to the higher generation charge. The higher bill was paid by power supply agreements and independent power producers.
01:48 Meralco also said that the increase in electricity bill from PSA, which was affected by the shutdown of the plant of natural gas San Gabriel from September 18 to 24,
02:00 was due to the rise in the restriction supply of Malampaya.
02:03 Gas plants use more expensive gas. Then, the lack of... for example, the one in San Gabriel shut down.
02:13 So, the supply in the market, in the wholesale electricity spot market, was reduced.
02:19 So, if you combine the two, the impact is higher, the cost of generation.
02:25 The extent of unavailability last month was multiple times compared to prior months.
02:33 So, for example, in August, it was gone 6 percent of the time. But in September, it was 21 percent. So, more than twice, almost three times, the unavailability of gas supplies.
02:47 Meralco is also monitoring the possible effects of the shutdown in Israel in the energy market.
02:53 For the power sector, we don't use crude oil for power generation. But the crude oil price is a benchmark for Malampaya price.
03:03 So, if the crude oil price rises, Malampaya price will follow. Like before, Malampaya price will go down. But if crude oil prices go up, Malampaya price will also rise.
03:14 Meanwhile, Meralco is ready for the upcoming Barangay Etzangoniang Kabataan election on October 30.
03:21 According to Meralco, their inspection of the facilities of the electricity sector in almost 3,000 polling and canvassing centers is now complete.
03:31 We called on the voting centers, the polling centers, to not bring any appliances that may cause overload to our facilities.
03:43 We will postpone this to one day. If possible, this is also what we talked about on the ground to the barangay level,
03:53 to ensure that the condition of the load side facilities is good by ensuring that there are no appliances that will be installed in the outlets.
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