Volatile costs mean Meralco Electricity company has to plan for scenarios where costs skyrocket. Cautious planning leads to development delays that can negatively affect Meralco Electricity company… … "Volatile Costs (Meralco Electricity company)" has a significant impact, so an analyst should put more weight into it. This statement will lead to a decrease in profits. "Volatile Costs (Meralco Electricity company)" is an easy qualitative factor to overcome, so the investment will not have to spend much time trying to overcome this issue.