Consumers may see higher electricity bills beginning August after the Energy Regulatory Commission (ERC) authorized the National Grid Corporation of the Philippines (NGCP) to start collecting roughly ₱63.45 billion as part of its approved revenues. In a statement, the ERC said it granted NGCP an annual revenue requirement of ₱374.98 billion for the fifth regulatory period covering 2023 to 2027—lower …
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The Market Monitor Minding the Nation's Business