ERC: Meralco OK to collect P8.71B in unrecovered fees

After being ordered to refund P9.5 billion to over eight million consumers due to overcollections, power distributor Manila Electric Co. (Meralco) has been given approval to collect about P8.71 billion for unrecovered pass-through charges, including some costs linked to system loss, covering three years. Based on the decision of the Energy Regulatory Commission (ERC), the