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 cooperative.
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…
· 2 MIN READ
Meralco strengthens its partnership with the Philippine National Police to combat illegal electricity connections, curb power pilferage and reduce system…
· 1 MIN READ
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…
· 2 MIN READ
Nartatez stressed that protecting power distribution is vital to national security and the economy.
· 1 MIN READ
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…
· 2 MIN READ
Meralco said they are hoping that the downward adjustment will bring relief to Meralco customers, especially with the lower overall demand observed in the…
· 2 MIN READ
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…
· 2 MIN READ
The ERC decision to implement a refund for consumers comes in direct response to numerous longstanding complaints about the continuous increase in electricity…
· 2 MIN READ
Unreliable electricity service remains a major obstacle to economic growth, particularly in the provinces.
· 4 MIN READ
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…
· 2 MIN READ
Consumers might enjoy lower electricity bills, but they will ultimately shoulder the cost as taxpayers.
· 5 MIN READ