Meralco ordered to pay over collections

The Energy Regulatory Commission (ERC) has ordered Meralco to refund billions-worth of collections from its customers since 2017. The ERC said that based on the data submitted by the power distributor, the company must refund around ₱1.4 billion from the collected generation rate from January 17 to December 2019.

Meralco was also directed to reflect the over and under recoveries in the bill as a means of clarification to customers. The power distributor is yet to issue a statement on the matter. – PTV News 

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