Be angry at Meralco’s rate hike

Very angry in fact—the steep electricity cost is sheer highway robbery of Meralco’s more than five million customers, most of them poor. Its audacity is shameless, executed during the Christmas season and while the nation’s attention had been nailed to super typhoon Yolanda’s horror.

Because of Meralco’s rate increase this month, a company or a small group of companies, which the firm isn’t disclosing, will generate P8 billion in windfall profits for just one month, December, and you’ll be paying for these.