WIRE — MANILA ELECTRIC CO. (Meralco) will refund residential customers at a rate of P0.59 per kilowatt-hour (kWh) in their August electricity bills following approval by the Energy Regulatory Commission (ERC). The refund is part of a P9.5-billion amount approved by the regulator after Meralco over-recovered distribution charges due to delays in the rate-setting process. "We expect
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