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Meralco’s capital cost too high, passed on to customers – House rep

11 months ago Philippines inquirer

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MANILA, Philippines — The Manila Electric Company (Meralco) has a weighted average cost of capital (WACC) that is too high, which it passes on to customers, Santa Rosa City Rep. Dan Fernandez said in a privilege speech during the House plenary on Tuesday. But the Meralco spokesperson, Joe Zaldarriaga, insisted in a statement to INQUIRER.net Read more at: inquirer

Tags : meralco capital passed customers house

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