Manila Electric Company (Meralco) customers are set to receive substantial rebates on their electricity bills following regulatory approvals. The utility company confirmed the distribution of refunds resulting from over-recoveries in previous billing periods.
"We are pleased to announce that our customers will benefit from these rebates," a Meralco representative stated. "The refunds reflect our commitment to fair billing practices and regulatory compliance."
The rebate amount will vary depending on individual consumption patterns, with higher-usage households receiving proportionally larger refunds. Customers can expect to see the adjustments reflected in their upcoming billing statements.
This development comes as welcome news for consumers facing rising living costs, providing tangible financial relief through reduced electricity expenses. Meralco has assured customers that the rebate process will be transparent and automatically applied to all eligible accounts.