Bohol Light consumers in Tagbilaran City to get bill deposit refunds

Bohol Light consumers in Tagbilaran City to get bill deposit refunds

By: - Correspondent / @leoudtohanINQ
/ 01:30 PM December 22, 2024

Bohol Light consumers in Tagbilaran City to get bill deposit refunds

Bohol map. INQUIRER FILES

TAGBILARAN CITY — Customers of Bohol Light in this city, who religiously pay their electricity dues will get a refund of their bill deposits.

Bohol Light, operated by Primelectric, said 335 customers are qualified for the first batch of refunds.

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Those qualified are notified through a letter attached to their December bills that they are eligible for a refund with detailed instructions on how to apply.

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Once requirements are submitted, they can claim their refund within 30 days.

“This long-awaited action is a testament to our dedication to transparency, fairness, and upholding the rights of our customers, as mandated by the Magna Carta,” said Bohol Light in a statement Sunday, Dec. 22.

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“This moment reflects our commitment to improving services under Primelectric’s leadership. We are dedicated to continuing to build a brighter future for Tagbilaran City, powered by Bohol Light,” it added.

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According to Primelectric President and chief executive officer Roel Castro, these bill deposit refunds are not rewards but the consumers’ rights as stated under the Magna Carta for Residential Consumers.

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Distribution utilities require a bill deposit similar to a security deposit required from all consumers upon applying for their electricity services. It is equivalent to one month of billing as a payment guarantee.

The Magna Carta for Residential Electricity Consumers allows customers to request a full refund of their deposit if they did not miss paying their dues for three consecutive years even before the termination of their contract.

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Primelectric of tycoon Enrique Razon Jr.’s MORE Electric and Power Corp. took over Bohol Light last October.

READ: Bohol’s electricity provider announces reduction in power rate

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TAGS: Bohol, Electricity, Tagbilaran

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