Preview

Philippine Electricity

Good Essays
Open Document
Open Document
293 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Philippine Electricity
What should be done by the government, people so that price of electricity will go down?

Meralco has recently announced for another price hike attributed largely to the temporary shutdown of the Malampaya plant for maintenance reason. Such was stalled by the Supreme Court pending oral arguments. However, the consumers are not certain on whether these price adjustments will eventually be reflected in their electric bills. Likewise, with the summer season forthcoming, it is inevitable that electricity consumption will rise and some of the cheaper sources of energy particularly the hydroelectric power plants might not operate at their full potential. This might result to deriving energy from more expensive sources.
I believe that the best way to address the periodic rate hikes and the pricey electricity rates in the country is to look for long-term solutions to the problems. The temporary restraining orders issued by the high court do not solve the problems. The government should venture out in using the cheaper sources of energy such as the renewable ones (wind, tide, solar, etc). The costs may be great on the onset as the infrastructure costs are really huge. However, these are good investments which will benefit the country for a long period of time. The government may also seek for partnerships with private companies to make these happen. The government may also consider using nuclear energy to augment the energy requirements of the country.
The consumers can contribute in realizing more favourable rates. Conservation of energy should come from the users. This has always been reiterated but people do not heed these calls. Lots of energies are still wasted. Following the supply and demand concept, if there is great demand and supplies remain relatively the same, tendency is, prices will rise.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Petrol is one of the most demanded products on earth. Because of this, not only the petrol prices are…

    • 689 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    People respond to incentives. This is my answer because many people think they are saving money in the long run. by their power bill being lower plus they can get a rebate or tax credit which means more money in the pocket.…

    • 782 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    There is a reality, with your help and dedication that can break the chains that bind us to these natural and political constraints. Renewable resources will generate enough energy that the electric company will be paying us! We are fortunate to have three resources that will produce this overabundance. From the mountain peaks the wind can be utilized, from the rushing waters of the Shenandoah River, hydroelectric…

    • 629 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Energy Plan

    • 353 Words
    • 1 Page

    The government could help conserve energy by providing more grants to individuals. Those grants would help reduce heating and energy efficiency by insulating homes properly, changing the lighting of the home and providing energy efficient water heaters and appliances. This can help conserve and reduce the energy consumption in their homes…

    • 353 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    The purpose of this report is to create sense of responsibilities, about environment, among ourselves, because this would not only help our planet but also our descendants. At the same time, saving energy presents a fantastic opportunity to cut costs – and increase profitability – in a highly competitive market.…

    • 3438 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Globally substituting fossil fuels with nuclear power and additional renewable energies can also be incredibly beneficial to the economy. The law of supply and demand informs us that because the supply of power will increase dramatically, the price of power will decrease dramatically. The initial price of…

    • 1186 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    In addition, the gap between supply and demand of electricity is increasing every year, as the demand is growing with more…

    • 1623 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Soaring electricity bills, repeated blackouts; two of the major causes of headache we experience a lot nowadays. The giant power firm, MERALCO, has increased generation charges by a painful amount within the last 5 years, and of course, people are crying out loud because of this. In the middle of a power crisis, amidst soaring generation charges, the increasing cost of fuel importation, and with no suitable substitute for fossil fuel, the people ask themselves, when will this end? Will the time come when we will not be dependent on burning fossil fuel for electricity? What would be the best power source for the Philippines?…

    • 1161 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    situation anlaysis

    • 439 Words
    • 2 Pages

    As the use of renewable energy increases, this will increase energy prices as infrastructure is completed. Along with the economic downturn, consumers of low incomes and the elderly are finding energy costs a major problem as they have less disposable income (KEYNOTE 2010). As energy consumption is being scrutinised, the government has produced initiatives such as…

    • 439 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Aam Aadmi vs Corruption

    • 899 Words
    • 4 Pages

    Three cheers for Aam Admi… but where is he? …what all I can see around is… Bekar Admi and Khas AdmI…

    • 899 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Growth of Esco's in India

    • 1486 Words
    • 6 Pages

    The projected growth of Indian economy will see a proportional increase in its energy demand. TERI estimates that the commercial energy requirement would get quadrupled by 2031/32 to a whooping 2100 million tonnes of oil equivalent compared to 525 Mtoe in 2011/12. Along with an increase in supply it also warrants for higher efficiency in energy usage. Efficiency, in fact, is one of the cheaper solutions to energy security which also reduces carbon emissions. McKinsey’s analysis estimated that demand for electricity will reduce by 30% by having efficient lighting, buildings and appliances alone.…

    • 1486 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Petrol Price Hike

    • 331 Words
    • 2 Pages

    The petrol prices have zoomed by Rs 7.50 per litre . among the highest in one go,.it seems that the government has lobbed the petrol bomb at its people. . With the world economy shaky, crude prices shooting up and our own rupee sliding dangerously against the dollar, one can understand that the government may have been left with little option After all, someone has to foot the bill and also the oil companies cannot be expected to sell way below cost price for too long if they have to survive. Also one of the core reason of this price hike is the increasing no. of vehicles…..…

    • 331 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Price rise is a great problem of the day. It is a common phenomenon not only in our country but also in the world.…

    • 465 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Benefits Of Wind Farm

    • 118 Words
    • 1 Page

    3. Adding wind power to the energy supply can reduce the reliance on imported fuels, stabilize the cost of electricity.…

    • 118 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Internal Assessment

    • 711 Words
    • 3 Pages

    This problem must be deal fast so it can prevent recession. In five nation meet; China, India, South Korea, India, Japan dealing this problem by increase investment to keep market well supplied. This investment called replacement investment. It occurs when firm spend on capital in order to maintain the productivity of their existing capital. In other way, South Korea provides 10.5trillion won in tax rebates and subsidies to help consumers and businesses cope with surging energy cost. These government interventions in form of subsidies and tax rebates can help producer to maintain stability of price. Transports, processing and delivering that use oil for its main energy will subsidized by government. For Australian government, the Prime Minister Kevin Rudd urges the Organization of Petroleum Exporting Countries to boost up the supplied more than 40 percent. If…

    • 711 Words
    • 3 Pages
    Good Essays