Sponsored Links
SEARCH THIS SITE
SEARCH THIS SITE FOR HOUSE DESIGN, OVERSEAS FILIPINO NEWS, FREE ONLINE STUDIES, CASH LOANS and BANK LOANS, PROPERTY FOR SALE, HOUSE AND LOT, FORECLOSED, CARS FOR SALE and anything beneficial for the Filipinos at home and abroad
Advertisement

Friday, October 20, 2017

ERC Wants Bill Deposit To Appear In The Consumers Electric Bill


The energy Regulatory Commission (ERC) wanted that the bill deposit amount will be included in the consumers electric bill including interests from previews years.  All electricity consumers must pay the deposit equivalent to the average monthly electricity consumption which is called  the "bill deposit". In the case of  Meralco, because the consumers deposit gain interests over the years, it is being updated every year in order to refund the excess payment or collect additional deposit should the customer consumption increase. But the ERC wants that the interest of the bill deposit be "compounded". For example, if the deposit will be P1,000 and the interest is 1%, it has to be P1,010 in the first year and P1,020 for the succeeding year due to interest. The ERC also requires that the bill would reflect the exact bill deposit of every consumer. The bill deposit of consumers who religiously pay their bill on time for the period of 3 consecutive years could also be refunded. Sponsored Links  Atty. Rexie Baldo-Digal, ERC spokesperson said that they require that the bill deposit summary must be submitted within 60 days. Meralco said, through their spokesperson Joe Zaldarriaga, that they will comply and follow the final rules The ERC also wanted to find out if the cooperatives has secured records of consumer deposits and how much are the interests earned from it. The ERC will wait for the statement from the stake holders including consumers, various groups and cooperatives until October 31 before the new rule will be finally released. Source: ABS-CBN The energy Regulatory Commission (ERC) wanted that the bill deposit amount will be included in the consumers electric bill including interests from previews years.  All electricity consumers must pay the deposit equivalent to the average monthly electricity consumption which is called  the "bill deposit". In the case of  Meralco, because the consumers deposit gain interests over the years, it is being updated every year in order to refund the excess payment or collect additional deposit should the customer consumption increase. But the ERC wants that the interest of the bill deposit be "compounded". For example, if the deposit will be P1,000 and the interest is 1%, it has to be P1,010 in the first year and P1,020 for the succeeding year due to interest. The ERC also requires that the bill would reflect the exact bill deposit of every consumer. The bill deposit of consumers who religiously pay their bill on time for the period of 3 consecutive years could also be refunded. Sponsored Links  Atty. Rexie Baldo-Digal, ERC spokesperson said that they require that the bill deposit summary must be submitted within 60 days. Meralco said, through their spokesperson Joe Zaldarriaga, that they will comply and follow the final rules The ERC also wanted to find out if the cooperatives has secured records of consumer deposits and how much are the interests earned from it. The ERC will wait for the statement from the stake holders including consumers, various groups and cooperatives until October 31 before the new rule will be finally released. Source: ABS-CBN   Advertisement Read more:        ©2017 THOUGHTSKOTO  Advertisement Read more:        ©2017 THOUGHTSKOTO
Advertisements



The energy Regulatory Commission (ERC) wanted that the bill deposit amount will be included in the consumers electric bill including interests from previews years.

All electricity consumers must pay the deposit equivalent to the average monthly electricity consumption which is called  the "bill deposit".
In the case of  Meralco, because the consumers deposit gain interests over the years, it is being updated every year in order to refund the excess payment or collect additional deposit should the customer consumption increase.
But the ERC wants that the interest of the bill deposit be "compounded".
For example, if the deposit will be P1,000 and the interest is 1%, it has to be P1,010 in the first year and P1,020 for the succeeding year due to interest.
The ERC also requires that the bill would reflect the exact bill deposit of every consumer.
The bill deposit of consumers who religiously pay their bill on time for the period of 3 consecutive years could also be refunded.

Sponsored Links

The energy Regulatory Commission (ERC) wanted that the bill deposit amount will be included in the consumers electric bill including interests from previews years.  All electricity consumers must pay the deposit equivalent to the average monthly electricity consumption which is called  the "bill deposit". In the case of  Meralco, because the consumers deposit gain interests over the years, it is being updated every year in order to refund the excess payment or collect additional deposit should the customer consumption increase. But the ERC wants that the interest of the bill deposit be "compounded". For example, if the deposit will be P1,000 and the interest is 1%, it has to be P1,010 in the first year and P1,020 for the succeeding year due to interest. The ERC also requires that the bill would reflect the exact bill deposit of every consumer. The bill deposit of consumers who religiously pay their bill on time for the period of 3 consecutive years could also be refunded. Sponsored Links  Atty. Rexie Baldo-Digal, ERC spokesperson said that they require that the bill deposit summary must be submitted within 60 days. Meralco said, through their spokesperson Joe Zaldarriaga, that they will comply and follow the final rules The ERC also wanted to find out if the cooperatives has secured records of consumer deposits and how much are the interests earned from it. The ERC will wait for the statement from the stake holders including consumers, various groups and cooperatives until October 31 before the new rule will be finally released. Source: ABS-CBN The energy Regulatory Commission (ERC) wanted that the bill deposit amount will be included in the consumers electric bill including interests from previews years.  All electricity consumers must pay the deposit equivalent to the average monthly electricity consumption which is called  the "bill deposit". In the case of  Meralco, because the consumers deposit gain interests over the years, it is being updated every year in order to refund the excess payment or collect additional deposit should the customer consumption increase. But the ERC wants that the interest of the bill deposit be "compounded". For example, if the deposit will be P1,000 and the interest is 1%, it has to be P1,010 in the first year and P1,020 for the succeeding year due to interest. The ERC also requires that the bill would reflect the exact bill deposit of every consumer. The bill deposit of consumers who religiously pay their bill on time for the period of 3 consecutive years could also be refunded. Sponsored Links  Atty. Rexie Baldo-Digal, ERC spokesperson said that they require that the bill deposit summary must be submitted within 60 days. Meralco said, through their spokesperson Joe Zaldarriaga, that they will comply and follow the final rules The ERC also wanted to find out if the cooperatives has secured records of consumer deposits and how much are the interests earned from it. The ERC will wait for the statement from the stake holders including consumers, various groups and cooperatives until October 31 before the new rule will be finally released. Source: ABS-CBN   Advertisement Read more:        ©2017 THOUGHTSKOTO  Advertisement Read more:        ©2017 THOUGHTSKOTO
Atty. Rexie Baldo-Digal, ERC spokesperson said that they require that the bill deposit summary must be submitted within 60 days.
Meralco said, through their spokesperson Joe Zaldarriaga, that they will comply and follow the final rules
The ERC also wanted to find out if the cooperatives has secured records of consumer deposits and how much are the interests earned from it.
The ERC will wait for the statement from the stake holders including consumers, various groups and cooperatives until October 31 before the new rule will be finally released.
Source: ABS-CBN
The energy Regulatory Commission (ERC) wanted that the bill deposit amount will be included in the consumers electric bill including interests from previews years.  All electricity consumers must pay the deposit equivalent to the average monthly electricity consumption which is called  the "bill deposit". In the case of  Meralco, because the consumers deposit gain interests over the years, it is being updated every year in order to refund the excess payment or collect additional deposit should the customer consumption increase. But the ERC wants that the interest of the bill deposit be "compounded". For example, if the deposit will be P1,000 and the interest is 1%, it has to be P1,010 in the first year and P1,020 for the succeeding year due to interest. The ERC also requires that the bill would reflect the exact bill deposit of every consumer. The bill deposit of consumers who religiously pay their bill on time for the period of 3 consecutive years could also be refunded. Sponsored Links  Atty. Rexie Baldo-Digal, ERC spokesperson said that they require that the bill deposit summary must be submitted within 60 days. Meralco said, through their spokesperson Joe Zaldarriaga, that they will comply and follow the final rules The ERC also wanted to find out if the cooperatives has secured records of consumer deposits and how much are the interests earned from it. The ERC will wait for the statement from the stake holders including consumers, various groups and cooperatives until October 31 before the new rule will be finally released. Source: ABS-CBN   Advertisement Read more:        ©2017 THOUGHTSKOTO

Advertisement

Read more:

 




©2017 THOUGHTSKOTO

SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below