ERC adopts new electricity billing format excluding VAT on system loss charges
On the scope of the ERC's new rules
Rappler and Philstar focused on the removal of VAT from system loss charges, Manila Times reported that the same resolutions also capped other charges, while Inquirer reported on a separate resolution imposing uniform rates on 'Other' charges to curb double charging.
All outlets reported that the Energy Regulatory Commission has adopted a new electricity billing format that separates and excludes the allowable system loss charge from VAT computation.
Drafted with AI from these 5 reports, checked and approved by a Parley editor. Approved 30 Sep, 7:24 AM.
What each outlet reported
Philstar reported that the new electric bill format will reflect VAT-exempt system loss charges.
Read Philstar's report →GMA News Online reported that the ERC adopted a new billing format for all distribution utilities to exclude VAT on allowable system loss charges.
Read GMA News Online's report →Rappler reported that VAT on system loss will no longer appear in electricity bills starting October, though savings are expected to be modest.
Read Rappler's report →The Manila Times reported that the ERC issued resolutions establishing a new billing format and capping other charges to make electricity bills more transparent.
Read The Manila Times's report →Inquirer reported that the ERC issued new rules imposing uniform rates on 'Other' charges to protect consumers from double charging.
Read Inquirer's report →Excerpts courtesy of GMA Network and GMA News Online.
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