My principal from Korea arrived last week for installation of my customer's production equipment. We had this small talk about the cost of living in Manila. As a foreigner, he quickly compared price of gasoline, toll fees and electricity. Gasoline's gone up. SLEX tolls risen to almost 300%. Electricity of course, is a given. He says it's hard to keep up with a decent life in Manila especially for people receiving minimum and below minimum wages.
But I was surprised to know how cheap electricity is in Korea. He told me that he's living in a 3-bedroom condo in S. Korea and believe it or not, his electricity bills (even if he uses a 1T airconditioning unit) is just around $10 - $20/month. As I figured, it's because they have nuclear power plants running and so electricity is quite cheap. Maybe if only we supported the Bataan Nuclear Power Plant, then maybe, just maybe, electricity would have been cheaper here as well.
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