No more VAT on system loss in electricity bills starting October
While the VAT removal is still welcome relief, expect savings to be modest as the much larger underlying system loss charge is unlikely to disappear from electricity bills anytime soon
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NEA seeks extra P7 billion to eliminate non-technical system losses
NEA says eliminating non-technical system losses will require a phased transition, with cooperatives needing billions in loans for metering and other upgrades before they can absorb the costs
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Meralco may absorb system loss, but ERC says its rates may need adjusting
‘We’re looking at the impact of removal of system loss, whether total or phased in, whether just the nontechnical, whether there’s a lowering of the cap,’ says ERC chair Francis Juan
