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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61,598 results for “power system loss reduction”
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?
‘For consumers, the practical effect is straightforward: Once the new rules become effective, VAT will no longer be imposed on the allowable system loss…
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.
Electricity consumers could see lower power bills as the BIR moves to remove VAT from allowable system loss charges classified as government-mandated…
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…
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’s 7.5% feeder loss was within its allowable cap under a five-year transition period.
They argued that the analogy does not hold because, unlike a retailer absorbing shrinkage, distribution utilities are shielded by law from bearing the cost…
The ERC warned that removing the system loss charge could financially strain weaker electric cooperatives, with distribution utilities recovering P32.4 billion…
ERC data showed several Philippine electric cooperatives exceeding allowable system loss caps, as President Marcos called for reforms to stop consumers from…
Lawmakers defended power system loss charges, saying technical energy losses are unavoidable in electricity distribution and warning that removing the charges…
Lawmakers and energy regulators urge a balanced debate on system loss charges, stressing that technical losses are inherent in power distribution and not…
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.
Meralco chairman Manuel V. Pangilinan warns that proposed reforms to system loss charges won’t erase billions in power costs, only shift them across the…
Senators JV Ejercito and Erwin Tulfo have filed twin Senate bills to scrap system loss charges and the 12% VAT on electricity bills, backing President…
Senator JV Ejercito has filed Senate Bills 2342 and 2343 to scrap the system loss charge and remove the 12% VAT on electricity, aiming to lower high power…
MORE Power President and CEO Roel Z. Castro reported a 24% drop in Iloilo City’s system loss and major operational gains since 2020, with plans to expand into…
