State-run think tank Philippine Institute for Development Studies (PIDS) is urging the government to overhaul its energy subsidy frameworks, warning that design flaws are allowing wealthy households and profitable private resorts to capture millions of pesos intended for marginalized consumers. In...
The Bureau of Internal Revenue (BIR) expanded its list of tax-exempt power sector fees, a move aimed at preventing double taxation and lowering electricity bills for consumers amid volatile global energy markets. Under Revenue Memorandum Circular 60-2026 issued on June 4, the government’s main...
Malacañang said Congress should revisit the country’s lifeline rate system to ensure a fair and balanced distribution of electricity subsidies, amid growing concerns from consumers over rising power bills. Presidential Communications Office (PCO) Undersecretary Claire Castro said this as Meralco...
Senator Paolo “Bam” Aquino IV said on Tuesday, April 28 electricity subsidies and other mandated discounts should be funded through the national budget and not by consumers, particularly by low and middle-income households. Aquino, who has filed Senate Resolution No. 375, pointed ...
President Marcos announced simplified rules that will make electricity subsidies more accessible to poor households and streamline the application process for solar net-metering, allowing families to install panels and sell excess power to the grid more easily. Speaking at the “Collective...