BusinessWorld February 26, 2021 | 12:07 am CUSTOMERS of Manila Electric Co. (Meralco) have a “strong” chance of seeing their electricity bill next month to be lower as it will include the average refund rate of P0.1528 per kilowatt-hour (kWh) for “over-recoveries” as ordered by the Energy Regulatory Commission (ERC), a company official said on Thursday. “Based on initial projections, there is a strong likelihood that power rates for March 2021 will go down, as this will be the second consecutive month of decrease for the year,” Meralco Vice-President and Head of Corporate Communications Joe R. Zaldarriaga said in a Viber message. He added that the distribution utility was still waiting for the final bills from its power suppliers.