Notably, private generators Quezon Gas in Luzon and STEAG in Mindanao stockpiled recently for only P60 to P80 a ton. The hearing on Monday predictably will gloss over this. It will focus on Meralco’s electricity purchases from Lopez-owned generators.
Mas mahal daw kasi ang singil nito kaysa distributors sa Visayas at Mindanao. E kasi naman, waterfalls kalimitan ang sanhi ng kuryente sa Vis-Min, samantalang sa Luzon 30% ng presyo ay dahil sa coal.