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| | P200 hike in power rates projected - INQ7.net (Site not responding. Last check: 2007-10-11) |
 | | BAGUIO CITY-The party-list group association of Philippine Electric Cooperatives (Apec) yesterday said consumers in the provinces should expect an almost P200 increase in their November and December power consumption bills due to the value added tax on electricity. |
 | | Luis Manuel Corral, Apec secretary general, released a comparative list of electricity price increases for consumers in Abra, Ilocos Sur, Quezon, Bohol, Zamboanga City and other regions to justify the party's amendatory bill exempting power generation from the VAT coverage. |
 | | According to Apec's tabulation, VAT will impose an average increase of 45 centavos to 80 centavos for every kilowatt hour (kwh) of electricity generated by the Abra Electric Cooperative, the Ilocos Sur Electric Cooperative, the Zambales I Electric Cooperative, the Cebu III Electric Cooperative, Davao del Norte Electric Cooperative and three Zamboanga power companies. |
| news.inq7.net /regions/index.php?index=1&story_id=54009 (475 words) |
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