October 23, 2024

BIR rules DUs, power co-op ineligible to claim input VAT

By Beatriz Marie D. Cruz – October 21, 2024 | 8:55 pm from Business World THE Bureau of Internal Revenue (BIR) said distribution utilities (DUs) and electric cooperatives (ECs) cannot claim input value-added tax (VAT) from generation and transmission charges, […]
September 23, 2024

ERC’s Dimalanta warns some co-ops may be affected by delays

By Sheldeen Joy Talavera – September 19, 2024 | 8:44 pm from Business World DELAYS in the Energy Regulatory Commission’s (ERC) proceedings may affect power rates for some electric cooperatives (ECs) pending the appointment of an acting chair to lead […]
September 14, 2024

NEA directs ECs to insure critical assets vs. calamities

By Alena Mae S. Flores – September 13, 2024, 7:50 pm from manilastandard.net The National Electrification Administration (NEA) asked electric cooperatives (ECs) to be ready in the event of serious calamities by obtaining insurance policies for their critical assets as […]
August 30, 2024

100% electrification to inject P315b to economy

By Alena Mae S. Flores – August 29, 2024, 7:45 pm from manilastandard.net Energy Secretary Raphael Lotilla said Thursday electric cooperatives (ECs) are crucial to meeting the government’s 100-percent electrification goal by 2028. “You are the driving force behind bringing […]