Gov’t drops system loss VAT
The tax didn’t fix the thing it made more expensive. Why are we so much better at collecting for stolen electricity than stopping it from being stolen?
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44,340 results for “Electricity system loss”
BIR removes vat from system loss charge
‘For consumers, the practical effect is straightforward: Once the new rules become effective, VAT will no longer be imposed on the allowable system loss…
BIR removes VAT on system loss charge
The BIR has removed VAT on the allowable system loss charge within the ERC-approved cap, a move expected to lower covered electricity charges for consumers.
BIR moves to scrap VAT on system loss charge
Electricity consumers could see lower power bills as the BIR moves to remove VAT from allowable system loss charges classified as government-mandated…
BIR plans VAT removal on power system losses
The Bureau of Internal Revenue (BIR) is preparing to remove the value-added tax (VAT) imposed on allowable system loss charges in electricity bills, a move…
ERC ruling puts system loss outside VAT net
An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
ERC clarifies Negros Power complied with system loss cap
ERC clarifies Negros Power’s 7.5% feeder loss was within its allowable cap under a five-year transition period.
Power theft costsconsumers P6.82B: 36 co-ops found breaching ERC system loss cap
They argued that the analogy does not hold because, unlike a retailer absorbing shrinkage, distribution utilities are shielded by law from bearing the cost…
ERC: Phased reform, not blanket system loss ban
The ERC warned that removing the system loss charge could financially strain weaker electric cooperatives, with distribution utilities recovering P32.4 billion…
Albay co-ops top system loss list
ERC data showed several Philippine electric cooperatives exceeding allowable system loss caps, as President Marcos called for reforms to stop consumers from…
Lawmakers urge objective view on system loss charges
Lawmakers defended power system loss charges, saying technical energy losses are unavoidable in electricity distribution and warning that removing the charges…
Lawmakers defend system loss charges, cite power distribution realities
Lawmakers and energy regulators urge a balanced debate on system loss charges, stressing that technical losses are inherent in power distribution and not…
Removal of system loss charges from electricity bills possible before Christmas — Erwin Tulfo
Sen. Erwin Tulfo said the Senate is targeting September approval of bills removing system loss charges from electricity bills, with enactment possible before…
Tiangco bill removing system loss charge up
Navotas Rep. Toby Tiangco has refiled a bill to remove the system loss charge from consumers’ electricity bills, following President Ferdinand Marcos Jr.’s…
ERC: Power firms can withstand financial impact of removing portion of system loss
Power companies can absorb the proposed removal of non-technical system loss from electricity bills as it accounts for a minor cost share, according to the ERC.
Tiangco refiles bill scrapping system loss charges
Navotas Rep. Toby Tiangco refiled a bill seeking to abolish system loss charges on electricity bills, backing President Ferdinand Marcos Jr.'s push to lower…
JV Ejercito files bills to scrap system loss, VAT on electricity
Sen. JV Ejercito has filed Senate Bills 2342 and 2343 to scrap system loss charges and remove the 12% VAT on electricity, aiming to lower power rates for…
