Lawmaker backs scrapping of system loss charges

LEGAZPI CITY — Deputy Majority Leader and Talino at Galing ng Pinoy party-list Rep. Jose “Bong” Teves Jr. is supporting President Ferdinand R. Marcos Jr.’s call to remove electricity system loss charges, saying consumers should no longer bear costs arising from power providers’ operational losses. In an interview with

The warning comes from the chairman of Meralco — the distribution giant that posted a record P50.6 billion in core profit in 2025 — who says forcing the power industry to absorb system loss costs could run into tens of billions of pesos