Ex-ERC official calls for P150-B Meralco refund over rate miscalculations
MANILA, Philippines—A former commissioner of the Energy Regulatory Commission (ERC) claimed that the Manila Electric Company (Meralco) should refund its customers a total of P150 billion and reduce power rates based on a re-computation of its weighted average cost of capital (WACC). Alfredo Non, who previously served as a commissioner for the ERC, stated that
Tags : official calls meralco refund miscalculations
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