FIRST PHILIPPINE HOLDINGS AND SPANISH

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                    [Title] => Meralco to implement 8.76¢ power rate hike starting today
                    [Summary] => Manila Electric Co. (Meralco) said yesterday it would implement starting today a rate incrase of 8.76 centavos per kilowatt hour.


The rise, approved by the Energy Regulatory Commission (ERC) late on Friday, would alleviate the loss making firm’s financial burden as it faces a court-ordered refund to customers of P30.05 billion for years of overbilling.


The increase would only apply to customers with a monthly consumption of 300 kwh and above. 


                    [DatePublished] => 2003-06-01 00:00:00
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Meralco to implement 8.76¢ power rate hike starting today

June 1, 2003 - 12:00am

Manila Electric Co. (Meralco) said yesterday it would implement starting today a rate incrase of 8.76 centavos per kilowatt hour. The rise, approved by the Energy Regulatory Commission (ERC) late on Friday, would...

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