NQUIRER File Photo | Edwin Bacasmas

MANILA, Philippines — Customers of Manila Electric Co. (Meralco) will see a modest reduction in their bills this August, thanks to the initial implementation of the P9.5-billion refund ordered by the Energy Regulatory Commission (ERC).

In a media briefing on Monday, the power distributor said power rates would dip by P0.0428 per kilowatt hour (kWh), bringing the overall rate for a typical household to P14.7833 from P14.8261 per kWh in July.

READ: ERC orders Meralco to refund P9.5 billion to consumers

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