The ERC ordered Meralco to refund P19.9 billion for excess billing covering the period from July 2022 to December 2024, to be paid over 36 months.
The consumer energy advocate noted that the country’s power sector needs critical reforms, as power rates went up even as generation costs went down.
As we have predicted, gas-fired power plants will drive up the price of electricity. Meralco has just announced a 0.2834/kilowatt-hour rate hike or a Php 56.68 increase for the average residential households in power bills for February due to higher generation...
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The ERC ordered Meralco to refund P19.9 billion for excess billing covering the period from July 2022 to December 2024, to be paid over 36 months.
The consumer energy advocate noted that the country’s power sector needs critical reforms, as power rates went up even as generation costs went down.