By Rose de la Cruz Believing that monopoly power distributor, Manila Electric Company, has been overbilling consumers, the National Association of Electricity Consumers for Reforms Inc. (NASECOR) asked Malacanang to compel the Energy Regulatory Commission to act on a petition to audit Meralco, and if warranted, refund them from overcharged rates. In a letter to President Marcos Jr., NASECOR stressed …
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The Market Monitor Minding the Nation's Business