Philstar.com·3 min read·medium

PCCI backs removal of system loss charge, power VAT, but…

L
Louella Desiderio
PCCI backs removal of system loss charge, power VAT, but…
AI Summary

The Philippine Chamber of Commerce and Industry (PCCI) is advocating for the removal of systems loss charges and VAT on electricity to lower costs for consumers and businesses. The group emphasizes that while this is a positive step, broader energy reforms and a diversified energy mix are necessary for long-term economic competitiveness.

MANILA, Philippines - The country's largest business organization supports the removal of systems loss charges and value-added tax (VAT) on electricity, noting these would reduce power costs for households and industries.

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PCCI backs removal of system loss charge, power VAT, but… — Headlinne — headlinne