Meralco Wins Approval for First Distribution Rate Hike in 15 Years
Economy

Meralco Wins Approval for First Distribution Rate Hike in 15 Years

Meralco, the Philippines' largest power distributor, has secured regulatory approval for its first distribution rate increase in 15 years. The decision by the Energy Regulatory Commission (ERC) is expected to further strain household budgets already burdened by high energy costs.

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