Even as the Supreme Court has yet to decide on petitions against its November-December rate hike, Meralco is asking for the approval of a “provisional” hike, reasoning that the second tranche of the stalled rate hike is not covered by the high court’s TRO.
Tags: ERC
Power firms, creditors assured of billions, while consumers burdened with Napocor debt
By ANNE MARXZE D. UMIL and RONALYN V. OLEA Bulatlat.com MANILA – One of the reasons behind the expensive electricity rates in the country is the debt acquired by the National Power Corporation (Napocor). Main Story: Epira, the culprit behind high power rates a> Sidebar: The big three in the power industry Napocor’s debt, which…