Meralco rate increase

Supreme Court Halts Meralco Rate Increase Issues TRO

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The Philippines highest court, the Supreme Court en banc issued a 60-day temporary restraining order (TRO) on the Manila Electric Company’s (Meralco) P4.15 per kilowatt hour rate increase. According to PhilStar.com, the Supreme Court spokesperson Theodore Te said that the Supreme Court has set the oral arguments on January 21 to discuss the staggered rate … Read more

ERC Approves Staggered Meralco Rate Increase

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The Energy Regulatory Commission (ERC) has approved a staggered billing scheme with proposed by Manila Electric Company’s (Meralco) plan to implement a P3.44 per kilowatt-hour (kWh) increase in its generation charges. The approval by ERC was announced on Monday, December 9, 2013. ABS-CBN reported that under the staggered scheme, increase in charges in December will … Read more