ERC orders Meralco to refund P9.51 billion to customers

The Energy Regulatory Commission in the Philippines has ordered Meralco to refund 9.51 billion pesos to customers due to overrecoveries in 2025. The refund will be implemented over a six-month period and will appear as a specific line item on customer bills.
Why it matters
This decision directly impacts consumer electricity costs and regulatory oversight of utility pricing in the Philippines.
MANILA, Philippines - The Energy Regulatory Commission (ERC) has ordered Meralco to refund P9.51 billion to its customers for overrecoveries for the period of January 2025 to December 2025.In a decision released on Sunday, the ERC directed Meralco to refund the total amount of P9,506,566,556 or an equivalent average refund rate of P0.3448 per kilowatt-hour (kWh) for all customer classes.The refund scheme and implementation period…
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