MANILA — Bayan Muna and Matuwid na Singil sa Kuryente Consumer Alliance Inc. (MSK) are urging the House Committe on Energy to fast track its probe on the reported P66 billion over recovery of the Manila Electric Co. (Meralco).
The groups also asked the Energy Regulatory Commission and the Commission on Audit to fast track their audit of Meralco’s energy sales and purchases from 2011 to 2019 due to significant discrepancies reportedly detected in the giant utility’s declarations to the ERC and its Annual Reports and Audited Financial Statements.
Last August the groups revealed the following findings:
1. Meralco purchased only 33.585 billion kwh of power in 2019 from all its gene…
Keep on reading: Congress urged to fast track probe on alleged P66-B padding of Meralco energy sales