BIR moves to scrap VAT on system loss charge
Electricity consumers could soon see lower power bills as the Bureau of Internal Revenue (BIR) prepares to remove the value-added tax on the allowable system…
· 2 MIN READ
Daily TribuneTopic
Electricity consumers could soon see lower power bills as the Bureau of Internal Revenue (BIR) prepares to remove the value-added tax on the allowable system…
· 2 MIN READ
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…
· 2 MIN READ
Yuchengco-led PetroGreen Energy Corp. (PGEC) is moving another solar investment into its revenue-generating stage after securing the final regulatory clearance…
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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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Power distributors will have to absorb the cost of renewable energy certificates (RECs) purchased above prevailing market rates instead of passing the…
· 3 MIN READ
Negros Electric and Power Corp. (NEPC) remains compliant with its allowable system loss ceiling, clearing the company of an earlier regulatory finding that it…
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The Energy Regulatory Commission (ERC) on Monday clarified that Negros Electric and Power Corp. (NEPC) was operating well within its allowable system loss cap…
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The Energy Regulatory Commission (ERC) is keeping the green energy charge off electricity bills until the end of the year, suspending collections for four…
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The Energy Regulatory Commission (ERC) is keeping the green energy charge off electricity bills until the end of the year, suspending collections for four…
· 2 MIN READ
Migrant Workers Secretary Hans Leo Cacdac welcomed a partnership with the Philippine Commission on Women (PCW) aimed at strengthening gender-responsive…
· 1 MIN READ
ABS-CBN Corp. has extended its financial lifelines as the once-dominant broadcaster continues efforts to repair its debt-laden balance sheet.
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The Energy Regulatory Commission (ERC) is seeking to accelerate regulatory approvals to unlock more investments in power generation, transmission, and…
· 1 MIN READ
The Energy Regulatory Commission (ERC) has ordered corrective measures to address recurring spikes in “Line Rental” charges in the Wholesale Electricity Spot…
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Among electric cooperatives with the highest system losses in 2025 were the combined operations of Albay Electric Cooperative Inc. (ALECO) and Albay Power and…
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Teachers who serve during elections will no longer have to use their 10 service incentive leaves within the year they are granted, the Commission on Elections…
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Power generators, the National Grid Corporation of the Philippines (NGCP), and distribution utilities may soon exclude system loss charges from their gross…
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Residential customers of Manila Electric Co. (Meralco) consuming around 200 kilowatt-hours (kWh) a month are expected to save a little over P100 on their…
· 2 MIN READ
The Energy Regulatory Commission (ERC) has ordered Manila Electric Co. (Meralco) to refund more than P9.5 billion to consumers after determining that…
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