IJE Software logoIJEsoft
ServicesPortfolioPricingAboutCase StudyStackNewsBlogPartnerPH NewsMarketsContactGet in touch
← Back to Philippines Business News
BusinessWorld Economy

Grid upgrades, faster permits needed even after VAT relief — business groups

BUSINESS GROUPS welcomed the removal of the value-added tax (VAT) on system loss charges but urged the government to improve grid reliability and fast-track the permit process for new power plants.

Context & Analysis

The tax change matters less for its headline effect than for what it reveals about the power sector’s weak points. System losses are a visible symptom of infrastructure strain: electricity can be lost between generation and delivery because of technical faults, theft, metering gaps, or network inefficiencies. For businesses, that means part of the cost burden is not just fuel or taxes but the physical difficulty of moving power reliably across an archipelago with uneven grid strength. A lower bill today helps, but it does not automatically create more supply, strengthen transmission corridors, or reduce the risk of brownouts when demand rises.

That is why permitting speed becomes an economic issue, not just a regulatory one. New power projects, especially renewable plants and storage facilities, need clearances from national agencies, local governments, grid operators, and sometimes community stakeholders. Delays can push up capital costs, postpone capacity additions, and leave existing plants carrying heavier loads during dry seasons or typhoon recovery periods. For manufacturers, exporters, data centers, and commercial real estate, reliability is tied directly to competitiveness: unplanned outages can halt production, spoil goods, slow fulfillment, and increase reliance on expensive backup generation.

The next watch item is execution. If the government pairs tariff relief with faster interconnection approvals, better maintenance of transmission and distribution lines, and more predictable local permitting, businesses may gain confidence to expand operations and invest in cleaner energy. If not, the tax change will remain a partial fix: it eases one line item while leaving the deeper problem unresolved—namely, that Philippine industry still operates under power costs and reliability risks shaped by infrastructure gaps as much as by policy.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: bworldonline.com

More from BusinessWorld Economy

AI to disrupt market for back-office space — JLL

6h ago

Understanding system-loss VAT relief

6h ago

Philippine-India trade talks expected to start next year

1d ago

Farmers propose live-hog floor price of P210 per kg

1d ago

Your Daily Briefing

AI business companion — delivered every morning

Markets, PH news, financial insights, and devotionals — curated by AI and sent at 7 AM PHT. Pick your topics below.

Devotionals
Blog Topics
HR & Workforce
Real Estate & Property
News & Markets

1 topic selected