News reports in the past few years show that the Manila Electric Co. apparently has been overbilling its consumers. In response to the allegations, Meralco officers, Joe Zaldarriaga and Atty. Ronald Valles, have been appearing on TV denying this, and categorically saying there were no overbillings. This declaration, however, is inconsistent with the following:
Over the past two years when the ERC issued orders for Meralco to settle cash refunds aggregating P48 billion, Meralco did not issue any denial or refusal to pay nor file any motion for reconsideration. As of March 2023, the amount has been fully settled by way of deduction from monthly bills.
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