By: Ronnel W. Domingo - 05:30 AM
January 18, 2018
Distribution utilities and other
power customers will see in their bills for this month the 12-percent value
added tax (VAT) on the National Grid Corp. of the Philippines’ (NGCP) wheeling
charge, as provided for in the Tax Reform for Acceleration and Inclusion
(TRAIN) law.
This means that end users such as
households will, in turn, see the VAT on power transmission services in their
bills in February, as distributors will have to pass it on to their own
customers.
NGCP spokesperson Cynthia
Perez-Alabanza said yesterday that wheeling charges would
“We will start implementing this in
our January bill,” Alabanza said. “It’s the law and we will follow it, barring
any unexpected [regulatory] issuance.”
She declined to give a monetary
value, explaining that NGCP bills based on kilowatt-months instead of
kilowatt-hours as do distributors like the Manila Electric Co. (Meralco).
According to Meralco, the monthly
bill of a typical residential customer—one that uses 200 kwh a month—pays a
total of about P1,800 including the wheeling charge.
For such a consumer, NGCP’s wheeling
charge would account for P100.80 for a month’s bill. At such charge, the VAT
would ring up to P12.10, translating to 6 centavos per kwh.
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