Meralco proposes P247&billion spending plan in rate reset filing

Meralco proposes P247&billion spending plan in rate reset filing
Power distributor Manila Electric Co. (Meralco) has proposed a capital expenditure (capex) budget of approximately P247.14 billion for its first regulatory period covering 2027 to 2030. In a 13-page filing with the Energy Regulatory Commission (ERC), Meralco said it plans to invest P51.81 billion in 2027, P61.19 billion in 2028, P61.08 billion in 2029, and […]