ERC orders MERALCO to distribute ₱13B-refund

The Energy Regulatory Commission (ERC) ordered the Manila Electric Company (MERALCO) to begin distributing the refund to its customers worth ₱13.89 billion.

According to ERC Chairperson and Chief Executive Officer Agnes Devanadera, the refund will greatly help consumers amidst the global health crisis. The agency discovered the extra charges of the electric company from 2017 to 2019.

Due to the refund, the consumers will have an average reduction of ₱0.1528 per kilowatt hour (kWh) from their bills. -PTV News

Popular

‘Bawat Bayan Makikinabang’: PBBM assures sustained LGU funding

By Brian Campued Recognizing the challenges faced by local government units (LGUs), such as limited resources and lack of support from the national government, President...

PBBM, AZEC affirm energy security ties, renewable energy support

By Brian Campued President Ferdinand R. Marcos Jr. underscored the importance of cooperation between the Philippines and Japan in strengthening energy security measures, as tensions...

PBBM inaugurates P1B irrigation project in Leyte

By Sarwell Meniano | Philippine News Agency President Ferdinand R. Marcos led the inauguration of the P1.1 billion Hibulangan Small Reservoir Irrigation Project (SRIP) in...

PBBM brings aid to Eastern Visayas, advances whole-of-gov’t approach

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Thursday led the rollout of government assistance and development initiatives in...