The Supreme Court has upheld the decision of the Court of Appeals that allowed the Manila Electric Company (Meralco) to increase its rate.
In a decision dated Oct. 10, 2016 but released only on Thursday, the high court’s First Division denied the petition of the National Association of Electric Consumers (Naseco), the Federation of Village Associations (Fova), and the Federation of Las Piñas Village Associations (Folva) against the rate increase sought by Meralco.
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