MANILA Electric Co. (Meralco) is waiting for the Energy Regulatory Commission (ERC) to decide on the status of the fifth regulatory period and if the distribution utility will be required to keep a P1.3522 per kilowatt-hour distribution charge up to 2026.
Meralco Senior Vice President Jose Ronald Valles told The Manila Times on Monday that they were waiting for an official ERC decision so that the necessary preparations, particularly for a likely refund, could begin.