00:00 [News Anchor speaking in Tagalog]
00:17 [News Anchor speaking in Tagalog]
00:28 [News Anchor speaking in Tagalog]
00:36 [News Anchor speaking in Tagalog]
01:03 We try to obtain the least source possible given the situation on the ground.
01:09 As I mentioned, last month, the reduction was huge, almost a peso, 80 centavos per kilowatt hour.
01:18 It's a slight upward adjustment.
01:21 It's not really stopped because of the condition in the spot market
01:27 and the increase in the price of independent power producers
01:32 and the use of higher fuel prices.
01:39 Angelic, as the summer season draws near, the increase in electricity prices is worrying.
01:49 As we go towards summer, when demand goes up,
01:53 there's a bigger pressure on the capacity and supply.
01:59 There's also pressure on my generation.
02:02 [News Anchor speaking in Tagalog]
02:17 The consumption of customers historically,
02:24 based on the seasonality of consumption, really goes up during the summer months.
02:29 Climate usually drives higher consumption of electricity.
02:36 That's why we always say it's important to make sure that our household appliances,
02:42 this early, are in good working order.
02:46 We should make it a way of life to use it efficiently and smartly.
02:53 Angelic, despite El Nino's warning,
02:56 Meralco promised that they will provide enough electricity to consumers.
03:03 There's no yellow and red alert.
03:07 If there's a supply problem,
03:10 they already talked to the big company that uses the generation set
03:15 so that Meralco will focus on providing electricity to consumers.
03:21 That's one of the things they're doing, supply availability management.
03:26 Angelic?
03:28 Yes, Clay. Do you have an update on the registration for the lifeline discounts?
03:35 Yes, Angelic.
03:40 Meralco's application for the lifeline rate program is still in progress.
03:49 The registered families are now in the 29,000 range.
03:54 Those are the families in the four-piece category.
03:58 They will be given a 20 to 100% discount
04:03 if they use 100 kWh of low-voltage electricity.
04:09 Angelic?
04:11 Alright, thank you very much, Clayzel Pardilla.
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