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?
· 2 MIN READ
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Latest Daily Tribune news and analysis on Electricity Bill 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?
· 2 MIN READ
‘For consumers, the practical effect is straightforward: Once the new rules become effective, VAT will no longer be imposed on the allowable system loss…
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Meralco strengthens its partnership with the Philippine National Police to combat illegal electricity connections, curb power pilferage and reduce system…
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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…
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Nartatez stressed that protecting power distribution is vital to national security and the economy.
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The overall electricity rate has declined by P0.0428 per kilowatt-hour to P14.7833 per kWh, down from P14.8261 per kWh in July. ‘For residential customers of…
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Meralco said they are hoping that the downward adjustment will bring relief to Meralco customers, especially with the lower overall demand observed in the…
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The Federation of Philippine Industries backs reforms to cut system loss charges and supports President Marcos Jr.’s push to amend EPIRA, as power inflation…
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More than eight million Meralco customers are set to receive electricity bill reductions after the Energy Regulatory Commission ordered a P9.5-billion refund,…
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The ERC decision to implement a refund for consumers comes in direct response to numerous longstanding complaints about the continuous increase in electricity…
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Unreliable electricity service remains a major obstacle to economic growth, particularly in the provinces.
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Quick research shows that Meralco loses about 5.72 percent of the electricity passing through its system, still below the government’s allowable limit of 6.5…
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Consumers might enjoy lower electricity bills, but they will ultimately shoulder the cost as taxpayers.
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Filipinos have every right to be angry that they’re being billed for electricity siphoned off by illegal connections their utility failed to police.
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Meralco reported higher first-half 2026 earnings despite persistent pressure on electricity prices from Middle East geopolitical tensions, while accelerating…
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Filipino households faced Asia’s highest residential power rates in June, as supply shortages, forced outages and soaring Wholesale Electricity Spot Market…
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Baguio and Benguet consumers will see higher electricity bills after Beneco raised power rates by P0.6450 per kilowatt-hour, driven by increased Wholesale…
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Meralco’s overall residential rate increased by P0.3428 per kilowatt-hour to P14.8261 per kWh this month from P14.4833 per kWh in June. Thus, for a household…
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