MANILA (AFX-ASIA) – The Energy Regulatory Commission said it has approved an average tariff increase of 0.22 pesos per kilowatthour for Manila Electric Co as a result of the unbundling of power costs, and to allow the power distributor to recover deferred power charges amounting to 5.7 billion pesos. (US$1=54 pesos). It said the new…
PHILIPPINES: Manila approves 0.22 pesos/kwh tariff increase for Meralco
Posted on April 2, 2003 by EnergyAsia