ERC Orders Meralco to Return P9.5 Billion to Customers
The refund equals P0.5861 per kilowatt-hour for residential customers and could cut a 200 kWh household bill by about P117.22, the ERC said.
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ERC orders Meralco to refund P9.51 billion to customers
MANILA, Philippines — The Energy Regulatory Commission (ERC) has ordered Meralco to refund P9.51 billion to its customers for overrecoveries for the period of January 2025 to December 2025.In a decision released on Sunday, the ERC directed Meralco to refund the total amount of P9,506,566,556 or an equivalent average refund rate of P0.3448 per kilowatt-hour (kWh) for all customer classes.The refund scheme and implementation period shall be within…
The Energy Regulatory Commission has ordered Meralco to refund to its customers more than P9.5 billion in overrecoveries collected last year. In the decision issued by the ERC, Meralco must refund a total of P9.506 billion, equivalent to an average refund of P0.3448 per kilowatt-hour for all classes of consumers. They also ordered Meralco to implement the refund within just six months, short of the 36-month refund period Meralco initially reques…
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