PCCI Backs Removal of System Loss Charge, Power VAT, Urges Broader Reforms
The Philippine Chamber of Commerce and Industry (PCCI) supports the removal of system loss charges and VAT on electricity, believing it will reduce costs for consumers and industries. However, the organization stresses that this should be part of broader, fundamental reforms in the energy sector.
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The Philippine Chamber of Commerce and Industry (PCCI) supports the removal of system loss charges and associated VAT from electricity bills but urges the government to pursue broader reforms to ease the burden on consumers and industries, noting high energy costs hinder investment competitiveness.