MANILA  -Enrique Razon Jr.-led Iloilo power distributor MORE Electric and Power Corp. has returned more than P500,000 in bill deposits to its customers in three months in compliance with a mandate by the Energy Regulatory Commission (ERC). In a statement on Friday, MORE Power said it had distributed the P539,000 refund to 175 eligible customers in the province since the program started in June. 'Since we have no intention of using or retaining these funds for our operations, it's only fair to promptly return them to our customers,' said Roel Castro, MORE Power president and chief executive officer.

https://business.inquirer.net/422825/more-power-returns-more-bill-deposits-to-iloilo-customers

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