6 months Meralco anticipates ‘uncertainty’ in next reset of tariff setting MB |Biz
By Myrna M. Velasco Absent yet a clear-cut regulatory methodology, power utility giant Manila Electric Company (Meralco) is anticipating that it will be confronted with “uncertainties” in the fifth reset of its electricity rate setting. Ray C. Espinosa(Photo source: from https://www.meralco.com.ph) Newly installed Meralco President Ray C. Espinosa noted that the forthcoming business headwinds will be on the regulatory aspect of their tariff updating – as the company’s fourth regulatory reset will end this June. “The challenge really is in the tariff setting, so that is a work in progress. We have been working very closely with regulatory finance, operations ... more