It seems Government Service Insurance System general manager and president Winston Garcia is becoming pro-consumers, after he faced off Manila Electric Company’s management for what he believed as behind the sufferings of the people in so far as excessive electric rates are concerned.
What Garcia wanted was to change Meralco’s management so that the new set of officials could somehow contribute to lowering the electric rates in Metro Manila, where most of the consumers are. Under the present set up, there is no way that the power rate will ever go down because the same people will fool the hapless consumers, now shouldering the company’s systems losses on account of electric pilferages.
Most electric consumers share the view of Garcia that Meralco should not burden the consumers with the faults of the others, particularly those who use jumper to generate power for their homes. While others resort to illegal connections just to evade paying for their monthly electric bills. I share the sentiments of most consumers that unless the management is changed, the same strategies will be used to dupe the people of their hard-earned money that is supposed to be spent for other basic needs of families.
On Tuesday, Meralco is scheduled to hold its stockholder’s meeting. Garcia is set to bring with him a battery of lawyers to question whatever outcome of the meeting, whose stockholders are expected to elect a new set of board of directors for Meralco. But Garcia is determined that should he loses in the meeting, he will ask the court to order Meralco management to produce the documents approved during the said meeting.
As this developed, the Lopez Group has barred for live media coverage of the stockholder’s meeting except for its own ABS-CBN channel. However, Garcia questioned the gag on other media entities who wanted to cover the event for transparency.