Scrapping ‘system loss’ charge ‘too big’ a cost for industry – MVP

MANILA, Philippines — Businessman Manuel V. Pangilinan on Wednesday balked at President Marcos’ proposal to scrap system loss charges from electricity bills, saying the removal will entail costs “too big” for power industry players to shoulder. “When you push electricity through the copper wires, there will be a resist

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