- The ERC of the Philippines wants to remove the 12% VAT on system loss charges in electricity bills.
- It proposes treating system losses as a government-mandated pass-through cost excluded from gross receipts of power firms and utilities.
- The move follows President Ferdinand Marcos Jr.’s order to cut electricity costs and stop charging consumers for unreceived services.
- System loss refers to electricity lost during transmission before reaching households.
Source: tribune.net.ph
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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