Meralco Refund
Did you know that Meralco has begun refunding the meter deposit including interest in compliance with the Energy Regulatory Commission (ERC) Resolution No. 8, Series of 2008? According to the official Meralco statement, all eligible residential customers with small kilowatthour consumption shall be processed first. These are residential consumers who paid the meter deposit required by law from 1987 to 2004. These consumers will be notified in their electric bill of their schedule and where they will be refunded.
Here is another savings!!! Instead of spending your Meralco refund, you can include the amount to your growing emergency fund or whichever fund you choose. You can also use that refund to pay for your next month’s bill, and chalk your allocated monthly budget to savings (again)! There are just so many ways you can use that refund… the main question is, will you be doing the wise thing?
If you have more frugal ideas or even Meralco related stories, share it with me by making a comment below or sending me an email at: frugal.pinoy@gmail.com
[...] December 12, 2008 Filed under: Uncategorized — Alma @ 7:33 am Sadly, the triumph for the refund of meter deposits has been deferred, thanks to Meralco’s sob about their severe lack of cash. Meralco is [...]
No Refund Yet from Meralco « Discourses on Life
12 December 2008 at 7:34 am