ERC orders Meralco to refund P2.64B to consumers

MANILA, Philippines — The Energy Regulatory Commission (ERC) has ordered the Manila Electric Co. (Meralco) to refund about P2.64 billion to consumers over a six-month period, two days after announcing that it had allowed the power distributor to increase its rates for the first time in 15 years. The ERC said on Monday that on

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