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ERC orders ₱2.8 B worth of refunds to DU customers

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The Energy Regulatory Commission (ERC) has ordered a refund of ₱2.8 billion to customers of distribution utilities (DUs), which may translate to as high as ₱1.3182 per kilowatt-hour (kwh) pay-back in the electric bills of some consumers.

The lower end of that refund mandate had been at ₱0.0025 per kwh, depending on the scale of over-recoveries that the DUs and the electric cooperatives have previously collected from their subscribers.

Additionally, the regulatory body determined over-recoveries in lifeline and senior citizen charges “due to variance in the discount granted as against the actual subsidy charged and collected.” The mandated 12-month payback to customer by the other DUs, according to Devanadera, shall start on the next billing cycle from the receipt of the ERC order, “or until such time that the full amount shall have been refunded.”

Source: Energy Industry News (energyindustrynews.net)

 

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