锘� Heard on Inquirer Radio 990AM: Consumers鈥� org prexy on Meralco鈥檚 finances | Inquirer 黑料社

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Heard on Inquirer Radio 990AM: Consumers鈥� org prexy on Meralco鈥檚 finances

Philippine Daily Inquirer / 04:00 AM February 06, 2014

Meralco is financially viable with cash balance of over P60 billion. They can pay their P18-billion obligations to electric producers without hurting their pocket. Their franchise will be in limbo if they insist on another power rate increase.—Pete Ilagan, president of the National Association of Electricity Consumers for Reforms

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