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ERC to Meralco: Customers entitled to additional refund

The Energy Regulatory Commission (ERC) has ordered the Manila Electric Co. (Meralco) to refund its customers an additional P4.8 billion after it recomputed the utility firm’s Actual Weighted Average Tariff (AWAT). The total amount of P4,837,163,842 is equivalent to an average refund rate of P0.1064 per kilowatt hour (kWh), which…

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