Infographic: Price hikes and Privatization

Price hikes & privatization
Why a People’s Protest will be held in Metro Manila on March 20
₱ 53
Billion
Stranded contract
costs
Why will consumers pay?
Recent increase in electricity rates: due to government guarantees to the private sector that it can charge consumers for debts incurred by the National Power Corp.
APPROVED
19.38 ¢
₱ 20.20
Meralco rate increase per kwh effective this month
Increase in monthly bill of households consuming 200 kwh
APPROVED
Since EPIRA…
200020022004200620082010012345678910MeralcoNapocor
or the Electric Power Industry Reform Act that privatised electricity, residential rates (Meralco) & generation charge (Napocor) have steadily increased
10.30 ¢
5.83 ¢
13%
26%
Petition for rate increase (per cu/m)
Petition for rate increase (per cu/m)
Increase in profits for 2012
Increase in profits for 2012
Both already increased water rates this January
Oil price hikes this year (per liter)
55 ¢
DIESEL
₱ 1.85
GASOLINE

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