MANILA (AFX-ASIA) – The Energy Regulatory Commission is likely to follow the Supreme Court ruling barring the charging of income taxes of public utility companies to consumers, ERC acting chairwoman Leticia Ibay said. The Supreme Court last week ordered the Manila Electric Co to refund overbillings to customers amounting to 0.167 pesos per KwH. (US$1=52…
PHILIPPINES: Meralco ruling may apply to other utilities – ERC’s Ibay (MEMBER’S ONLY)
Posted on December 9, 2002 by EnergyAsia