The Energy Regulatory Commission (ERC) has ordered Manila Electric Company (Meralco) to refund P9.51 billion to its customers for overrecoveries during the period January 2025 to December 2025. The decision was released on Sunday, August 2, 2026.
The refund stems from excess collections under the distribution rate adjustment mechanism. The ERC directed Meralco to implement the refund over a period of 12 months, starting with the next billing cycle.
Meralco has not yet issued an official statement as of this writing. The company is expected to comply with the order, which will benefit millions of its customers in the Greater Manila Area.
The ERC's decision is part of its regulatory mandate to ensure that distribution utilities do not overcharge consumers. The refund will be reflected as a credit in customers' monthly bills.
