Page 7 - Agnes Devanadera News Today

Senator Imee Marcos on Saturday, May 21 hailed Energy Regulatory Commission (ERC) chairman Agnes Devanadera for advising the next administration to remove value-added tax (VAT) on power generation and maintain it only on power distribution. ‘’Her clear solution for lowering electricity costs is lon

Energy Regulatory Commission chairman Agnes Devanadera is fit to be the next secretary of the Department of Energy, according to Sen. Imee Marcos.

Our power sector might have been unprepared had the economy taken off from the strong 2019 growth platform. But the pandemic intervened and pushed us into a deep recession.

House of Representatives session hall (File photo) MANILA - Reelected Albay (2nd District) Representative Joey Salceda, chair of the tax committee, said Friday he will look for measures to fund the "Bayan Bangon Muli" (Nation, Rise Again) stimulus package being proposed by the incoming Marcos administration. Salceda particularly noted that it would be harder for the government to fund the spending package if it would create unwise tax exemptions, as he flagged the proposal of Energy Re...

Outgoing Energy Regulatory Commission Chairperson Agnes Devanadera is submitting her proposals to the incoming administration to lower power rates, including suspension of excise tax on coal and petroleum and removal of double VAT imposition in pass-on costs.

The average wholesale electricity spot market (WESM) price rose by 12.60% to P6.97 per kilowatt-hour (/kWh) in March, compared last months level, IEMOP reported.

In September 2020, Florencio Fernando, a returning overseas Filipino worker from the Middle East, decided to invest his hard-earned money on a solar photovoltaic system for his home in Valenzuela City.

Energy Regulatory Commission chairperson Agnes Devanadera  said Sunday that the government should focus on developing new sources of energy to help reduce household electricity rates in the country.

With the dry months and election period approaching, the Energy Regulatory Commission has warned generating companies against exceeding unplanned outage or they face penalties.

VISAYAN Electric Co. (VECO), the distribution unit of Aboitiz Power Corp., was ordered by the Energy Regulatory Commission (ERC) to probe alleged extortion by its contractors in exchange for speedy restoration of electricity to select customers. The ERC told VECO to conduct a thorough investigation of alleged rampant extortion and…