(Eagle News) – Expect a refund in electric bills after the Energy Regulatory Commission’s order for the refund to electricity customers of the Manila Electric Company (Meralco) some P1.08 billion after alleged “miscalculations” in the net settlement surplus (NSS) allocations from June last year to May this year. The P1.08 billion was the accumulated amount which ERC has ordered the market operators of the Wholesale Electricity Spot Market to return to electric customers covered […]