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Meralco announces lower rates for May cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
The Manila Electric Company (Meralco) on Wednesday announced a rollback in its electricity rate for May, snapping a two-month trend of upward adjustments, thanks to the Energy Regulatory Commission’s (ERC) order for the power distributor to refund around P7.8 billion in excess collections. ....
THE Manila Electric Co. (Meralco) was directed to refund customers a total of P7.75 billion, which is equivalent to P0.47 per kilowatt hour (kWh) for residential customers, to be carried out this month. In a 51-page order, the Energy Regulatory Commission (ERC) said its review of Meralco’s regulatory asset base… ....
The National Grid Corporation of the Philippines (NGCP) is awaiting the Energy Regulatory Commission’s (ERC) approval for the implementation of its P160-billion capital expenditure (capex) that would mainly be spent for its transmission projects. If approved, the capex is good until 2025. The grid operator said Thursday that bulk of… ....
NGCP budgets P160-B capex for grid upgrades - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.