SANTANDER AND SIBONGA

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                    [ArticleID] => 368993
                    [Title] => CEBECO withdraws rate hike application
                    [Summary] => 

Consumers of Cebu Electric Company I can heave a sigh of relief as the power firm recently withdrew its application for rate adjustment before the Energy Regulatory Commission. 


But the relief may not last long because CEBECO I may refile its petition on the final resolution from the ERC on the new format of the rate application for distribution utilities. 


On its November 10 decision, ERC said it granted CEBECO I's application for the withdrawal of its petition for rate adjustment since it was meritorious. 


                    [DatePublished] => 2006-11-15 00:00:00
                    [ColumnID] => 133272
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                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
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CEBECO withdraws rate hike application

November 15, 2006 - 12:00am

Consumers of Cebu Electric Company I can heave a sigh of relief as the power firm recently withdrew its application for rate adjustment before the Energy Regulatory Commission. But the relief may not last long...

Cebu News