According to IBON, instead of allowing Meralco to raise its rates at whim, the Energy Regulatory Commission (ERC) should pursue the refund that the utility giant still owes its customers. It must also be held to account for the fresh overcharging allegations of around P7 billion made by the Commission on Audit in its report made public in February this year. It must be noted that the ERC still allowed Meralco to increase distribution, supply, metering charges last April despite these allegations.