After a two-year hiatus, the City Government of San Fernando, the Giant Lantern Festival Foundation, and the GLF's Executive Committee brought back the Giant Lantern Festival, with participating villages once again battling each other in the competition.

In 2020 and 2021, due to COVID-19 pandemic restrictions, the GLF was held through a blend of digital and limited face-to-face schemes and an exhibition of seven participating giant lanterns.

This time, 10 barangays were in competition, with thousands of spectators able to see the entries of barangays Bulaon, Calulut, Del Pilar, Dolores, Pandaras, San Juan, San Nicolas, Sta. Lucia, Sto. Niño, and Telabastagan during the festival competition night on 17 December 2022 at the Robinsons Starmills Pampanga.

The competition was also livestreamed and broadcast on various private and government-run social media platforms.

The number of light bulbs used in each 20-foot-tall lanterns in this year's festival ranged from 8,000 to nearly 10,000.

Apart from the traditional love, hope, and faith-themed messages of the Christmas lanterns, the entries highlighted the City's COVID-19 pandemic recovery stage and other social issues such as environmental management, gender equality, etc.

"One way of showing the importance of our lantern-makers and the Fernandino artistry and craftsmanship is our continuous staging of the Giant Lantern Festival, which, after a two-year break, we are bringing back with bigger prizes," said GLF 2022 Executive Committee honorary chairperson City Mayor Vilma Caluag.

From P150,000 in 2019, this year's top prize was doubled to P300,000.