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ERC: COTABATO LIGHT CONSUMERS TO GET P53M REFUND

The Energy Regulatory Commission (ERC) ordered Cotabato Light and Power Company (Cotabato Light) to refund P53.87 million to consumers following its review of the utility’s over- and under-recoveries for electricity costs covering 2013 to 2024. In its Decision, the Commission approved with modification Cotabato Light’s four compliance filings and determined a net over-recovery of P54.37 […]