MERALCO ordered to return Php1.4B “over recoveries,” collect Php2.38B “under recoveries”
- December 29, 2020
(UPDATED) The Manila Electric Company (MERALCO) has confirmed receipt of the Energy Regulatory Commission’s (ERC) order to refund to its customers over-recoveries of its pass-through charges worth Php1.4 billion and to collect under-recoveries worth