Best Posts in Thread: Philippines electricity rate highest in Asia

Everyone thinks that way. "Well, all this stuff has to be paid in the end by the consumer anyway." True, but there is a reason to separate the charges. I used to use these methods myself when I was in business in the US. The reason it is better to have a dozen charges to pass on is because the margin, or percentage on a single charge, would have to be low. The average person/regulator would say, since electricity is regulated, ok, let them make 15 per cent on the electricity itself, although it is probably much lower. On a hundred dollars, that is fifteen bucks. If you take another hundred in revenue and you cut it into 14 or 16 pieces with fees and services, you can make much more money. The electricity price is closely watched. But what about the billing charge, or line fee, or terminal charge, or whatever they can make up to charge a small amount for? It needs to be small so the focus stays on the price of the electricity. Most really small charges in any business will be at a price that yields very few dollars but yields a very high profit percentage. For example, a "Billing Charge" might be 40 pesos. Ok, 40 pesos is cheap, but it may only cost 10 pesos to produce the bill, so the profit margin is 75 percent. If one does that low dollar high percentage philosophy with a large enough number of items, it adds up and the profit can go much higher without raising any eyebrows with the regulators or anyone else. As I said, I used to use these tactics myself in business. In the ordinary USA business world it used to be called "Menu Pricing" and the profit percentage is higher with the combined small segments than what can be made with a flat price that includes all services. There are other methods that the oligarchy here is using too, but I won't bore you with any more. Don't forget that this economy is run by the Chinese, or at least Chinoy, and there are no better business people on the planet. I can attest to the fact that they have really sharp teeth. They never left me dead from a deal but they sure made me bleed.

 

That has been known to happen. Just wait until night, switch off the breaker just after your meter. If their lights go out.....well you know.

Candles are a lot more expensive than an LED light bulb. I guessing the cost of a candle is about 5 pesos and will burn for 30 minutes. A 10 watt LED bulb will go about 50 hours for 5 pesos.

 

And becoming much smarter and easier to use, this information was posted by a friend who has been installing Solar systems for the past couple of decades or more, whom I plan to use to supply me with the right (quality) equipment in the future;
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Chris Stork (KC Solar)
10 February at 11:56 ·

Well batteries are a thing of the past. Yes you read that correctly, it wont be long before batteries become obsolete, in fact it could be THIS YEAR. The new Super-capacitors are about to arrive, and these will mean that even Lithium technology will disappear as these are completely safe, so safe that you can put them into your compost when they are at end-of-life. Well that's if it ever happens because with a million cycles it will take a very long time, several lifetimes actually.

These were on display at all-energy late last year and will arrive shortly, so anyone looking at storage of energy then this is the way of the future - or now.

 

I am very happy with the prices charged here in the Philippines.
Back in Australia my Electricity consumption equated to around $1,400.00 per Quarter
($466.66 AUD = 18,772.62 PHP per Month)

Here my Electricity per Month is 1800/2000php

Here I have a larger 42" Flatscreen TV - I had an older 68cm CRT type TV in Oz
Here I have a Fridge & separate Freezer - I had a Pigeon Pair Fridge-Freezer Combo in Oz
Here I have a Pedestal Fan - I had a Ceiling Fan in Oz
Here I have a Desktop PC - I had the same in Oz
Here I have a Gas Stove - I had an Electric Stove in Oz (Gas = approx. 800php every 3 Mths)
Here I do not have a Hot water system - I had a 120L Hot water system in Oz
Here I do not own a Washing Machine - I had a new small Automatic in Oz I used weekly
Here I do not have Air-con - I did not have Air-con in Oz

There is not much else I can think of except;
I WISH I had had Electricity Bills like here in Australia!
Yes; I am very happy with my Monthly Electricity Bill here...

*EDIT:
I did a quick search on prices in Australia, a bit hard to find but I did find this online;
Electricity KWH Charges
Peak: $0.53911 AUD = 21.6972PHP
Off Peak: $0.15191 AUD = 6.11381PHP
(Using RedEnergey Page)