Seven months after it first filed a joint petition with Meralco for a temporary rate hike–which was rejected by the Energy Regulatory Commission (ERC), despite proving to be the least costly for power consumers–San Miguel Global Power has notified Meralco that it is ceasing supply on its 670MW power supply agreement (PSA) effective December 7.  … Continue reading ERC rejection of ‘least cost’ option forces SMC to cease supplying power to Meralco under Ilijan PSA