THE Energy Regulatory Commission (ERC) has junked a motion for reconsideration filed by several groups regarding its decision on Manila Electric Co.'s (Meralco's) average rate and refund scheme.
In an order last Friday, the ERC denied motions for a review of a June 2022 decision ordering Meralco to refund customers around P21.8 billion in distribution-related charges from July 2015 to June 2022 along with its approval of Meralco's application confirming the true-up calculation of its actual weighted average tariff (AWAT).
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