Tovic Salvador

Workers clear out debris and replace electric lines and posts knocked down by a ten-wheeler truck through a domino effect in Brgy. Lambakin, Marilao, Bulacan on August 20, 2024. The Manila Electric Company (MERALCO) aims to restore power to around 700 homes affected by the incident within the day. Mark Demayo, ABS-CBN News

Article (news)

Workers clean and restore power lines

Alvin Elchico

ABS-CBN News

MANILA - The Energy Regulatory Commission has ordered power distribution utilities to refund the so-called regulatory reset fee that they have been charging consumers since 2015.ERC Chairperson Monalisa Dimalanta said since the government has allocated funds for consultants and these fees were not used all these years, the commission deemed it reasonable to return these to consumers.The regulator has not yet issued the official list of all private utilities that should implement the refund but these include Meralco, VECO, Davao Light, Cepalco and many others in major metropolitan areas.For Meralco, Dimalanta says the refund is around P0.22/kWh which will be reflected in the February 2025 billing, which may offset the increase due to the recovery of costs incurred by the National Grid Corporation of the Philippines for its ancillary services.The ERC has yet to divulge how much is the respective refund for each private utility in the country.The regulatory reset fee refund is separate from the earlier refund floated by Meralco due to overcollection from 2022 until the present.Dimalanta said the commission is still waiting for Meralco to file a petition to refund before deciding on how much is the refund amount, despite an earlier announcement from the utility that it going to refund P16 billion.But consumer group NASECORE says the ERC should not wait for Meralco to compute the refund amount.NASECORE president Pete Ilagan says it is the responsibility of the regulator to compute since it also has the data on how much Meralco has over-collected so far.Meralco has already refunded thrice since 2012 and its current rate has only gone down by a measly P0.03/kWh.No rate reset has been done by ERC for more than a decade already.The current leadership has already announced a new rate reset will happen in 2025 but it has yet to announce Meralco&#x27;s interim rate while the commission is determining the final average distribution rate for the new regulatory period starting 2025 to December 2028.

The Energy Regulatory Commission has ordered power distribution utilities to refund the so-called regulatory reset fee that they have been charging consumers since 2015.

The Energy Regulatory Commission has ordered power distribution utilities to refund the so-called regulatory reset fee that they have been charging consumers since 2015.

ERC orders power distributors to refund 'reset fee'

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Sudoku

Word of the Day

Lotto

Horoscope

Business

ERC orders power distributors to refund 'reset fee'

Alvin Elchico,

ABS-CBN News

Published December 18, 2024 03:04 PM PHT

Read More:

ABSNews

ANC promo

ERC

power

electricity

regulatory reset fee

Monica Dimalanta

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

Sign Up

I have read and agree to the Terms and Privacy Policy.

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.