Manila Electric Co., the country?s biggest power retailer, posted a 5.4-percent increase in sales volume in 2015, after consumer segments registered growth.
?All segments are strong especially residential due to lower gen charges, low inflation, El Ni?o which meant higher temperatures, stable supply and a lot of our customer programs,? Meralco senior vice president Al Panlilio said over the weekend. Meralco has not released its full-year financial figures for 2015.
Meralco, however, is forecasting a lower sales volume growth of 3 percent to 3.5 percent this year after a high base of 5.4 percent expansion in 2015.
