Meralco’s capital cost too high, passed on to customers – House rep
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
Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.