Dennis Gaviola

Article (news)

Alvin Elchico

ABS-CBN News

MANILA -- Meralco has finally clarified how it plans to implement the refund process for the P19.9 billion it overcharged customers over almost two years.Meralco spokesman Joe Zaldarriaga said refund will be prospective and the consumption from 2022-2024 will not be the basis in computing how much each customer will get.The Energy Regulatory Commission has ordered Meralco to immediately implement the refund in the next billing cycle. In an earlier interview with former ERC Commissioner Alfredo Non, the interpretation of the refund is based on how much a consumer consumed from July 2022 to December 2024. Non&#x27;s interpretation is the refund amount for consumers is already predetermined based on his consumption in the questioned period.But Meralco said the refund will a straightforward prospective process of just multiplying the future consumption with P0.20/kwh for residential customers. For example, if the April bill says a consumer used 400kwh, multiplied by P0.20/kwh, the refund amount is P80.<div>SAN MIGUEL WANTS TO RECOVER P34 BILLION</div>Meanwhile, ERC Chairperson Monalisa Dimalanta has revealed that two San Miguel Corporation-owned power plants are asking ERC to recover P34 Billion for losses in supplying power to Meralco in 2022.SMC plants questioned in court its fixed contract with Meralco amid rising coal prices in the world market in 2022. The ERC insisted that despite rising coal prices, both Meralco and the two SMC-owned plants stick with fixed contract.But the Supreme Court eventually sided with SMC. As a result, it now asks ERC to authorize the recover of P34 billion. But ERC Chairperson Monalisa Dimalanta said the commission will still need to study the matter as this will certainly burden the consumers.&quot;What we can promise is we will still evaluate and scrutinize the petitions to make sure that only reasonable and justified costs are passed on and that Meralco complies with its least cost obligation. Ang bigat ng P34 billion,&quot; said Dimalanta in a text message.

Meralco has finally clarified how it plans to implement the refund process for the P19.9 billion it overcharged customers over almost two years.

Meralco has finally clarified how it plans to implement the refund process for the P19.9 billion it overcharged customers over almost two years.

Meralco clarifies P19.9 billion refund process

News

Entertainment

Lifestyle

Sports

Metro.Style

More

BINI

Sudoku

Word of the Day

Lotto

Horoscope

Business

Meralco clarifies P19.9 billion refund process

Alvin Elchico,

ABS-CBN News

Published March 21, 2025 08:21 PM PHT

|

Updated March 21, 2025 10:59 PM PHT

Read More:

ABSNews

Meralco refund

power bill

electric bill

ERC

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.

Haven't received our newsletter?

Check your inbox to verify and confirm your subscription.

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.