
Meralco Ordered to Refund P9.5 Billion to Customers
The Energy Regulatory Commission (ERC) has ordered Meralco, the Philippines' largest electric distribution utility, to refund 9.5 billion pesos to its customers over a six-month period.
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ERC orders Meralco to refund customers P9.5 billion over 6 months
The refund adds to growing scrutiny of Meralco’s electricity charges following President Ferdinand Marcos Jr.’s push to remove system loss charges
By Lance Spencer Yu
Read full article →ERC orders Meralco to refund P9.5B
Consumers of Manila Electric Co. (Meralco) may realize a modest reprieve from elevated power rates as regulators gave the green light to implement a P9.5-billion refund. Based on its decision dated July 31, the Energy Regulatory Commission ordered the country’s biggest power distributor to refund the equivalent rate of P0.3449 per kilowatt-hour (kWh) within six
By arlenelim
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