• Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
HERALD EXPRESS | News in Cordillera and Northern Luzon
ADVERTISEMENT
  • Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
No Result
View All Result
  • Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
No Result
View All Result
HERALD EXPRESS | News in Cordillera and Northern Luzon
No Result
View All Result
Home Business Business and Livelihood

NGCP franchise tax removed from BENECO bill

HENT by HENT
September 23, 2023
in Business and Livelihood
30
0
10
SHARES
168
VIEWS
Share on FacebookShare on Twitter

BENECO’s consumers are now paying less than P0.0113 per kilowatt hour (kWh) this September pursuant to the Energy Regulatory Commission’s order that the franchise tax of the National Grid Corporation of the Philippines (NGCP) will be excluded from the transmission company’s pass on transmission cost. 

This means that a residential consumer using 100 kWh a month will enjoy a reduced billing of P1.13.

The reduction came about when the ERC recently overturned its previous ruling in 2011 that the country’s distribution utilities and electric cooperatives must include in their monthly electric bill to consumers the payment of NGCP’s franchise equivalent to three percent. 

The ERC’s decision came about after the Supreme Court issued a decision this year in a Meralco case that disallowed public utilities from passing on certain taxes as operating expenses to the consuming public. 

The three per cent franchise tax is drawn from the total of the following components of the transmission charge namely, power delivery service, system operator, metering, meter service provider and force majeure. 

The APEC party list, through Rep. Sergio Dago-oc, had been clamoring for the removal of the tax, saying that the transmission firm must shoulder the said cost as part of its business and must not be passed on to the consumers. 

In an interview, Dago-oc said that the removal of the tax will benefit a lot of the country’ residential consumers who continue to pay a lot of items in their bills. He said that the reduction may not that be high but at least it is one less worry for any hard-pressed household.

The benefit also goes to big load and industrial consumers since they consume a lot of power, he said.  

In a recent hearing of the committee of ways and means in congress, Albay Rep. Joel Salceda, committee chair, commended Dago-oc “for his vital contribution and perseverance to ensure that the franchise tax of the NGCP will not be billed to consumers.”

Ivory Paatan, BENECO’s rate analyst, said that the removal of the franchise tax meant that the utility’s low voltage (industrial) customers will enjoy a reduction of P0.144 per kWh or P1.44 for every consumption of 100 kWh while high voltage (commercial) customers will get a reduction of P8.04 per kw or P80.00 for every 10 kw of demand.

The Phil. Rural Electric Cooperatives Assn. (PHILRECA) also welcomed the ERC order to scrap the franchise tax. The association is confident that the accompanying 12% value-added tax (VAT) of the franchise tax will also be removed in the future owing to the SC decision. 

The SC declared that “such taxes must be shouldered by the income earner (in this case NGCP) who receives the benefit or protection of the State and that the same cannot be unduly passed on to consumers, by way of tariff, since said tax was paid not for the consumers’ benefit but for the benefit of the business entity earning the income.”

BENECO has 211,000 residential consumers, 15,691 low voltage customers and 90 high voltage customers. By Laarni Sibayan

Previous Post

UB extends a helping hand in celebration of Rule of Law Month

Next Post

Apayao distributes ducks as supplement to nutritional needs

Next Post
Apayao distributes ducks as supplement to nutritional needs

Apayao distributes ducks as supplement to nutritional needs

ADVERTISEMENT

Recent News

UnionBank, GMG Productions bring Tony award-winning musical 

UnionBank, GMG Productions bring Tony award-winning musical 

June 19, 2025
Increased production in rice through drone use observed by Kalinga farmers 

Increased production in rice through drone use observed by Kalinga farmers 

June 19, 2025
BENECO Unveils New Mobile App for Enhanced Consumer Services

BENECO Unveils New Mobile App for Enhanced Consumer Services

June 19, 2025
DSWD-SWAD shares its core programs, services for 2025

DSWD-SWAD shares its core programs, services for 2025

June 19, 2025
ADVERTISEMENT
HERALD EXPRESS | News in Cordillera and Northern Luzon

Herald Express is a news organization based in Baguio City that has a weekly publication and an online news portal. The newspaper is circulated in the different provinces of Northern Luzon. The name of the fastest-growing publication in town is coined from the word ‘quick messenger’ which is self-explanatory.

Follow Us

Search

No Result
View All Result

© 2024 Baguio Herald Express | Website Design and Development by Neitiviti Studios

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT

Add New Playlist

No Result
View All Result
  • Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us

© 2024 Baguio Herald Express | Website Design and Development by Neitiviti Studios