SC orders Meralco to answer petition against bill deposits

In a full-court resolution dated last June 4 but released only on Tuesday , Meralco should file its answer in 10 days to the petition filed by several Party-List groups.

It was filed last April by Bayan Muna Chair Neri J. Colmenares and Rep. Carlos Isagani T. Zarate; Anakpawis Rep. Ariel B. Casilao; Gabriela Reps. Emerenciana A. De Jesus and Arlene D. Brosas; Act Teachers Reps. Antonio L. Tinio and Francesca L. Castro; Kabataan Rep. Sarah Jane I. Elago; and Bagong Alyansang Makabayan Secretary General Renato M. Reyes, Jr.

Bill deposit is defined in the Magna Carta as the deposit required from customers by distribution utilities for new and/or additional service equivalent to the estimated billing for one month to guarantee bills payment. “Bill deposit, defined in the Magna Carta and elsewhere, as a mere guarantee for the payment of bills, obviously does not form part of retail rate. It is not charged for any electric service, but rather an amount posted by consumers for future or anticipated electric service that is not paid,” they said.

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