Hope they make a Noreco 3,4,5,6,7,8,9....... and they can log off of Facebook and Tik-Tok and chat about running a power Company to provide what's known as >>>>electricity<<<< Key word>>>>ELECTRICITY<<< Maybe they can google that to know what that is.

 

I'm still curious why the generation charges have increased (this charge is passed down from the power plant to NORECO and in turn passed on to us). Sh*tting on NORECO, while many times is warranted, does nothing to answer this question. Generation charges are not in their control and this is where I believe the bulk of our bill comes from.

NORECO also recently posted a public notice of a court case where it appears they are requesting approval for further price increases (or maybe grants/money from the national government?). At least I think that is what it is about and I also believe that this has yet to be approved, though it looks as if it will be as their financial records submitted to the court seem to indicate they are operating at a pretty significant loss.

 

Thanks for the info. Back in Canada, my electric bill was half of that of Noreco while residing here! Every thing except hydro and autos are more cheaper here in the Philippines. Something is broken and I surely hope Noreco get's a competitor soon. Every person will drop them like a hot rock! I for one am thinking of contacting my last employer whom is a philanthropist to say the very least and let him know the Philippine's needs a power company (a company that provides electricity)........less rape and more power to it's peoples. At some point there needs to be an attempt to jump to 2nd word status and than first world status. Nothing ever stays the same.

 

That doesn't solve the problem. The major cost here is power generation. Forcing NORECO to share their sh*t infrastructure with another company will just create two companies with sh*t infrastructure. Another company coming in and starting from scratch would cost that company billions, which would need to be recouped through higher prices. The only realistic resolution for the consumer level infrastructure is for the government to step in and take over...but I think we all know how that would go.

Everyone points the finger at NORECO when it comes to the cost but that is not on them. It is the power plant that is charging a ridiculous price for their product. And this upcoming brownout is not even due to NORECO's infrastructure. It is NGCP, another privately ran company.