Cheaper PH electricity? Go beyond system loss; fix costly power contracts

System loss may dominate the debate, but generation costs makes up the vast majority of your electricity bill – and fixing it could cut Luzon household rates by up to 28%, says the World Bank

MANILA, Philippines — Lawmakers filed measures seeking to cut the value-added tax (VAT) collected on the unpopular system loss charge in power bills, in a move aimed at easing what is widely seen as a burdensome levy. Senior Deputy Speaker Ferdinand Hernandez and Marikina Rep. Miro Quimbo, who heads the House ways and