Executive Secretary Ralph Recto perhaps best summed up President Marcos ' fifth State of the Nation Address (SONA): "Tamang timpla. Malaman at hindi bola-bola (Just the right mix. Substantive, not fluff).” In a statement on Monday evening, July 27, Recto said the President delivered "a fair...
President Marcos on Monday called on Congress to immediately amend the Electric Power Industry Reform Act (EPIRA), saying consumers should no longer shoulder systems loss charges in their electricity bills because these are not their responsibility. The announcement, made during his fifth State of...
Senator Risa Hontiveros has filed a bill that seeks to remove the value-added tax (VAT) on systems loss charges. Hontiveros noted that the VAT on systems loss charges are currently being passed on to electricity consumers’ monthly bills—a “double burden” on top of the “already absurd”...