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lower electricity rates January 2025

Latest Daily Tribune news and analysis on lower electricity rates January 2025.

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…
14 September 20262 MIN READ
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…
29 August 20262 MIN READ
Power firms to shoulder above-market renewable energy costs
The ERC ruled that power distributors must absorb costs from renewable energy certificate purchases above verified market rates, protecting consumers from…
28 August 20261 MIN READ