(UPDATE) ELECTRICITY rates are expected to increase again as the Energy Regulatory Commission (ERC) announced on Tuesday that it has allowed the National Grid Corp. of the Philippines (NGCP) to collect an additional P28.29 billion from consumers.

This move was made after the completion of the ERC's deliberations regarding the 4th Regulatory Period Rate Reset of the NGCP, covering the years 2016 to 2022.

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