[OPINION] The new foundations of security in the Indo-Pacific
For many people across Southeast Asia, security isn’t about what’s happening on the other side of the globe. It is about practical things, here and now, measured day
For many people across Southeast Asia, security isn’t about what’s happening on the other side of the globe. It is about practical things, here and now, measured day
(1st UPDATE) System loss, which accounts for about 5% of a Meralco bill, includes electricity lost to illegal connections and metering errors. The key question legislators need to answer is who will absorb the cost instead.
‘System loss is not unique to any distribution utility but is a common operational aspect of the delivery of electricity,’ Meralco says in a statement, adding that its system loss rate was ‘well below’ the 6.5% cap set by regulators
Behind that popular declaration lies a complicated regulatory system that has protected distribution utilities from costs that most businesses would normally be expected to manage