Tag: power rate reset
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Senator Urges ERC to Tackle Long-Delayed Power Rate Adjustments
In a recent statement, Senate Majority Leader Francis Tolentino expressed his concerns over the Energy Regulatory Commission’s (ERC) slow response to power rate resets, particularly in the case of Manila Electric Corp. (Meralco). Tolentino highlighted that Meralco’s last rate reset, which expired in 2015, was only recently addressed when the ERC allowed Meralco to withdraw…
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