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

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

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