Meralco to refund P21.7-B to consumers

By Katrina Gracia Consebido

 

Residential consumers of Meralco are entitled for a refund in their electric bills after the Energy Regulatory Commission (ERC) ordered the company to refund a total of P21.77 billion over the  next months to its consumers. 

In the July 7 Laging Handa briefing, ERC Chairperson Agnes Devanadera said they are currently on their fourth run on refunding since they started last January 27, 2021 with a total of P13.8 billion.

ERC required Meralco on February 23, 2022 for another refund totalling to P4.8 billion. The third order was relayed to Meralco on March 8 for a P7.7 billion refund.

Devanadera said the first three refund orders are still effective.

Meanwhile, the official explained that there are energy price hikes due to the ongoing Ukraine-Russia crisis, as well as the foreign policies that are affecting the prices of electricity.

“Yung pagtaas ng kuryente, wala sa kontrol ng national government ng ating bansa, kasi may mga factors na nakakaapekto dito katulad ng giyera ng Ukraine at ibang foreign policies ng ibang bansa,” she said.  – ag 

Popular

Malacañang to seek DPWH update on proposed Boracay Bridge project

By Dean Aubrey Caratiquet With its globally-famous white sand bitches and turquoise waters raking in millions of local and foreign tourists every year, Boracay’s popularity...

PBBM, DSWD lead digital financial literacy initiative, food redemption campaign in Samar

By Dean Aubrey Caratiquet Consistent with various efforts to alleviate poverty and hunger, the Department of Social Welfare and Development (DSWD) accompanied President Ferdinand R....

BIR orders probe on VP Duterte, spouse, 9 businesses

By Anna Leah Gonzales | Philippine News Agency The Bureau of Internal Revenue (BIR) has ordered the issuance of Letters of Authority (LOAs) to conduct...

Gov’t pushes for UPLIFT bill to optimize gov’t resources amid energy emergency

By Brian Campued The administration of President Ferdinand R. Marcos Jr. is pushing for the passage of the Unified Package for Livelihoods, Industry, Food, and...