INQUIRER File Photo MANILA, Philippines —The Energy Regulatory Commission (ERC) plans to eliminate value-added tax (VAT) on electricity losses charged to consumers, which could save
INQUIRER File Photo
MANILA, Philippines — The Energy Regulatory Commission (ERC) plans to eliminate value-added tax (VAT) on electricity losses charged to consumers, which could save customers P6 billion.
In its draft resolution, ERC aims to exclude system loss charges from the gross receipts of generation firms, distribution utilities, and the grid operator.
READ: Lawmakers seek to cut VAT on system loss charge in power bills
Article continues after this advertisement
'We’re looking at the impact of removal of system loss, whether total or phased in, whether just the nontechnical, whether…
Sen. Mark Villar —Photo from his office MANILA, Philippines — The 12-percent value-added tax (VAT) imposed on system loss…
Meralco customers will collectively pay an additional P595 million in system loss underrecoveries, even as President Ferdinand…
Energy Regulatory Commission (ERC) / STOCK MANILA, Philippines – The Energy Regulatory Commission (ERC) has adopted a…
FILE PHOTO Energy Regulatory Commission (ERC) /INQUIRER.net MANILA, Philippines — Senate President Sherwin Gatchalian sought…
Inquirer file photo MANILA, Philippines — More than 8 million consumers of Manila Electric Co. (Meralco) are poised to benefit…
