Economy
ERC Orders Meralco to Refund P2.64 Billion to Customers
The Philippine Energy Regulatory Commission (ERC) has ordered power giant Meralco to refund P2.64 billion to its customers over six months, stemming from a "true-up" calculation reconciling past overcharges.
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- ERC Orders Meralco to Refund Over P2.64 Billion to Consumers
The Energy Regulatory Commission (ERC) has ordered Manila Electric Company (Meralco) to refund approximately P2.64 billion to its customers, citing that the company collected charges exceeding approved rates. The refund is set to be disbursed over six months.